Marinduque

JULY 2022 INFLATION REPORT OF MARINDUQUE (BASE YEAR: 2018)

The headline inflation rate at the provincial level further increased to 5.7 percent in July 2022, or a change of 0.7 percentage points from the inflation rate in the previous month. In the same reference month of the previous year, it posted at 4.0 percent. The uptrend of inflation in July 2022 was mainly driven by the combined acceleration in the indices for selected commodity groups such as food and non-alcoholic beverages at 6.7 percent, clothing and footwear at 5.6 percent, and transport at 7.0 percent.

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