Table A. Year-on-Year Inflation Rates: Philippines, MIMAROPA,  
and Palawan  
All Items, In Percent 
(2018=100)

The headline inflation in the province of Palawan for August 2024 eased to 3.3 percent from 4.5 percent in the previous month. In August 2023, the headline inflation was higher, at 5.9 percent. (Table A and Figure 1)

The downtrend in the overall inflation in the province was primarily influenced by the lower index for food and non-alcoholic beverages at 3.8 percent from 5.1 percent in the previous month. Also contributing to the downtrend was transport with an annual drop of 1.2 percent during the month from a 5.8 percent annual decline in July 2024.

Table B. Year-on-Year Inflation Rates in Palawan,  
All Items, In Percent 
(2018=100)

In addition, lower inflation rates were also observed in the following indices: 

     a. Alcoholic Beverages and Tobacco, 2.9 percent from 3.0 percent;  
     b. Clothing and Footwear, 0.9 percent, from 1.1 percent; 
     c. Housing, Water, Electricity, Gas, and Other Fuels, 8.5 percent from 9.8 percent;
     d. Furnishings, Household Equipment and Routing Household Maintenance, 1.0 percent from 1.3 percent;
     e. Health, 1.7 percent from 1.8 percent;
     f. Recreation Sport and Culture, 3.0 percent from 5.2 percent;
     g. Education Services at 0.0 percent from 7.0 percent; and
     h. Personal Care, and Miscellaneous Goods and Services, 1.2 percent, from 1.4 percent.

The remaining commodity groups either increased or retained their previous month’s inflation rates.

Table C. Year-on-Year Inflation Rates in Palawan,  
By Food Group In Percent 
(2018=100)

Food index in Palawan for August 2024 decreased to 4.0 percent inflation rate, from 5.4 percent in the previous month. In August 2023, the food index was higher, at 8.2 percent inflation rate. (Table C)

The deceleration of the food inflation for the month was brought about by the lower index for fish and other seafood, with a year-on-year decline of 5.0 percent from 1.3 percent annual increase in the previous month and the slower inflation rate of vegetables, tubers, plantains, cooking bananas and pulses with 2.3 percent in August 2024 from 8.0 percent in the previous month.

Also contributing to the downtrend in the food index are the following: 

     a. Rice, 13,6 percent from 14.2 percent; 
     b. Flour, Bread and other Bakery Products, Pasta Products and other Cereals, 0.9 percent from 1.0 percent  
     c. Milk, Other Dairy Products and Eggs, -0.7 percent from -0.4 percent; 
     d. Sugar, Confectionery, and Desserts, -11.2 percent from -10.1 percent; and 
     e. Ready-made Food, and Other Food Products n.e.c., 1.1 percent from 1.3 percent.

 
On the contrary, higher inflation rates were observed in the following food groups: 
 
     a. Corn, 2.0 percent from -4.9 percent; 
     b. Meat and Other Parts of Slaughtered Land Animals, 5.2 percent from 3.5 percent  
     c. Oils and Fats, -5.8 percent inflation from -6.3 percent; and 
     d. Fruits and Nuts, 1.5 percent from -2.1 percent.

Table D. Year-on-Year Inflation Rates in Palawan,  
All Items, In Percent 
January 2021 – August 2024 
(2018=100)

(SGD) DONNA MARIE D. MOBE
(Supervising Statistical Specialist)
Officer-in-Charge