The Consumer Price Index (CPI) measures the changes in the price level of goods and services that most people buy for their day-to-day consumption. It is most widely used in the calculation of the inflation rate and purchasing power of the peso. Furthermore, Inflation Rate (IR) is the annual rate of change in the CPI. The CPI and IR series, among others, is being used for economic analysis, collective bargaining agreements, wage adjustments, and monitoring the effects of government economic policy. The May 2022 issue presents the Price Situation in the province based on the results of the 2018-based CPI, which comprises eleven (13) major commodity groups.
The inflation rate for the bottom 30% income households in Lucena City was recorded at zero percent in June 2025 from 1.6 percent in May 2025. This brings the average inflation rate for this income…
The headline inflation or overall inflation in Lucena City eased to 0.6 percent in June 2025, from 1.5 percent in May 2025. This brings the average inflation rate of the city from January to June…
The headline inflation or overall inflation in Quezon province decreased to 1.8 percent in June 2025, from 2.5 percent in May 2025. This brings the average inflation rate of the province from January…
