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)
Of the estimated 12.07 million population 15 years old and over in CALABARZON, about 64.8 percent or 7.82 million are considered persons in the labor force (See summary statistics). It means that…