Consumer Price Index

December 2022 Inflation Report of Oriental Mindoro (Base Year 2018)

The headline inflation rate in Oriental Mindoro increased to 10.5 percent in December 2022, from 10.1 percent in November 2022. Inflation in December 2021 was lower at 1.7 percent. The higher inflation in December 2022 was primarily brought about by the faster year-on-year growth rate in the index of housing, water, electricity, gas and other fuels at 15.9 percent, from 13.1 percent in November 2022. This was followed by restaurants and accommodation services whose inflation rate accelerated to 14.6 percent, from 12.9 percent in November 2022.

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