Table A. Year-on-Year Inflation Rates:
Philippines, MIMAROPA, and the City of Puerto Princesa
All Items, In Percent
(2018=100)
The headline inflation in the City of Puerto Princesa increased to 5.4 percent in July 2024, from 4.1 percent in the previous month. In July 2023, inflation rate is lower at 2.9 percent. (Table A and Figure 1)
The uptrend in the overall inflation in the city during the month was primarily influenced by the higher index for Food and Non-Alcoholic Beverages which posted an inflation rate of 6.8 percent from 4.1 last month. This was followed by Housing, Water, Electricity, Gas and Other Fuels at 10.0 percent from 9.0 percent and Transport at -0.7 percent from -1.2 percent in June 2024.
In addition, higher inflation rates were also observed in the following indices:
a. Personal Care, and Miscellaneous Goods and Services, at 1.9 percent, from 1.4 percent; and
b. Information and Communication, -0.9 percent, from -1.0 percent.
On the other hand, lower inflation rates were observed in the indices of the following commodity groups:
a. Alcoholic Beverage and Tobacco, 2.0 percent from 2.6 percent;
b. Clothing and Footwear, 0.1 percent from 0.3 percent;
c. Furnishings, Household Equipment and Routing Household Maintenance, 0.5 percent from 0.7 percent;
d. Health, 3.8 percent from 3.9 percent; and
e. Recreation, Sport, Culture, 1.6 percent from 2.0 percent.
Meanwhile, three commodity groups retained their previous month’s inflation
rates, namely: Education Services at 0.9 percent; Restaurants and
Accommodation Services at 3.7 percent; and Financial Services, at 0.0 percent.
Table B. Year-on-Year Inflation Rates in the City of Puerto Princesa,
All Items, In Percent
(2018=100)
Food index for July 2024 increased to 7.4 percent inflation rate, from 4.4 percent in the previous month. In July 2023, the food index was lower, at 2.1 percent inflation rate. (Table C)
The acceleration of the food inflation for the month was brought about by the higher indices for Cereals and cereal products, posted at 16.1 percent from 13 .1 percent; Flour, Bread and other Bakery Products, Pasta Products and other Cereals, at -1.4 percent from -1.5 percent last month; and Meat and Other Parts of Slaughtered Land Animals, 4.4 percent rate from 3.4 percent.
Also contributing to the uptrend in the food index are the following commodity
groups:
a. Fish and other seafood, 7.0 percent from -5.5 percent;
b. Milk, Other Dairy Products and Eggs, 1.6 percent from 1.3 percent;
c. Fruits and Nuts, 1.1 percent from -3.2 percent; and
d. Oils and Fats, -3.1 percent inflation rate from -4.4 percent; and
e. Ready-made Food, and Other Food Products n.e.c., 4.1 percent from 3.8 percent.
On the other hand, lower inflation rates were observed in the following food
groups:
a. Sugar, Confectionery, and Desserts, -5.3 percent from -5.0 percent; and
b. Vegetables, Tubers, Plantains, Cooking Bananas and Pulses, -1.4 percent from 2.6 percent.
Table C. Year-on-Year Inflation Rates in the City of Puerto Princesa,
By Food Group, In Percent
(2018=100)
Table D. Year-on-Year Inflation Rates in City of Puerto Princesa,
All Items, In Percent
January 2021 – July 2024
(2018=100)
(SGD) DONNA MARIE D. MOBE
(Supervising Statistical Specialist)
Officer-in-Charge