Special Release on Summary of Infation Report in Laguna: August 2022
Release-Date
Reference-Number
2022-030
The headline inflation in Laguna was dropped to 3.7 percent in August 2022 from 4.6 percent in July 2022. Moreover, this is a 0.8 percent index point decrease over the recorded inflation rate in the same month of 2021 at 4.5 percent. The average inflation rate for the first eight months of the year stood at 3.4 percent. (Table A and Figure 1)
In 2023, vegetables and root crops (VRC) production recorded a total of 156,826.21 metric tons. It decreased by 2,725.53 metric tons or about 1.7 percent compared to the previous year’s output of 159…
The non-food and industrial crops (NFIC) production in the province increased by about 1.3 percent from 1,322,495.35 metric tons in 2022 to 1,339,522.34 metric tons in 2023.
A total of 1,534,968.45 metric tons of crops were produced in the province in 2022. This was 1.0 percent higher compared to the previous year’s figure of 1,520,260.40 metric tons.
