Table A. Year-on-Year Inflation Rates: Philippines, MIMAROPA,
and Puerto Princesa City
All Items, In Percent
(2018=100)
The headline inflation in the City of Puerto Princesa decreased at 4.0 percent in October 2024, from 4.3 percent in the previous month. In October 2023, inflation rate is higher at 4.5 percent. (Table A and Figure 1)
The overall inflation rate in Puerto Princesa City decreased at 4.0 percent. The result was primarily influenced by the lower index for food and non-alcoholic beverages, 5.5 percent from 7.0 percent, housing, water, electricity, gas and other fuels at 7.1 percent from 7.4 percent, health at 1.9 percent from 2.4, personal care and miscellaneous goods and services at 1.8 percent from 2.0 percent, and alcoholic beverages and tobacco at 3.0 percent in October 2024 from 3.2 percent in the
previous month.
Table B. Year-on-Year Inflation Rates in Puerto Princesa City,
All Items, In Percent
(2018=100)
On the contrary, higher inflation rates were observed in the following indices:
a. Furnishings, Household Equipment and Routing Household Maintenance at 1.2 percent from 0.9 percent;
b. Transport at -3.4 percent from -6.3 percent;
c. Information and Communication at -0.8 percent from -0.9 percent;
d. Recreation, Sport, and Culture at 1.4 percent from 1.0 percent; and
e. Restaurants and Accommodation Services at 3.7 percent from 3.5 percent.
Meanwhile, the other three commodity groups retained their previous month’s inflation rates.
Table C. Year-on-Year Inflation Rates in Puerto Princesa City,
By Food Group In Percent
(2018=100)
Food index in Puerto Princesa City for October 2024 decreased to 5.8 percent inflation rate, from 7.4 percent in the previous month. In October 2023, the food index was lower, at 4.7 percent inflation rate. (Table C)
The downtrend of the food inflation for the month was brought about by the lower inflation rate of rice at 14.1 percent from 20.6 percent, fish and other seafoods at 10.5 percent from 13.3 percent, and milk, other dairy products and eggs at 1.5 percent from 2.2 percent.
In addition, slower inflation rates were also observed in the indices of meat and other parts of slaughtered animals at 4.6 percent from 4.7 percent and ready-made food and other food products, n.e.c., at 4.4 percent from 5.0 percent last month.
On the contrary, faster inflation rates were observed in the following food groups:
a. Corn, 3.2 percent from 2.4 percent;
b. Flour, Bread and other Bakery Products, Pasta Products and other Cereals, 0.1 percent from -0.4 percent;
c. Oils and Fats, 5.7 percent from -0.1 percent;
d. Fruits and Nuts, -0.1 percent from 1.4 percent;
e. Vegetables, Tubers, Plantains, Cooking Bananas and Pulses, -8.3 percent from -8.7 percent; and
f. Sugar, Confectionery, and Desserts, -3.5 percent from -4.4 percent.
Table D. Year-on-Year Inflation Rates in Puerto Princesa City,
All Items, In Percent
January 2021 – October 2024
Source: Philippine Statistics Authority, Retail Price Survey of Commodities for the Generation of Consumer Price Index
(SGD) DONNA MARIE D. MOBE
(Supervising Statistical Specialist)
Officer-in-Charge
Palawan Provincial Statistical Office