Overall Inflation

Oriental Mindoro’s inflation rate for the bottom 30% income households decelerated further to 1.4 percent in May 2025 from 3.2 percent in April 2025. This brings the provincial average inflation rate for this income group from January to May 2025 to 3.0 percent. In May 2024, inflation rate was posted at 4.0 percent. (Tables 1, 2 and Figure 1)

Main Drivers to the Downward Trend of the Overall Inflation

The downtrend in the overall inflation rate for the bottom 30% income households in May 2025 was primarily brought about by the slower annual increment in the index of housing, water, electricity, gas and other fuels at 1.4 percent in May 2025 from 8.1 percent in April 2025. The heavily-weighted food and non-alcoholic beverages also contributed to the downtrend in the inflation rate with a slower annual increase of 0.8 percent during the month from a 1.7 percent increment in April 2025.

In addition, slower annual growth rates were noted in the indices of the following groups in May 2025:

a. alcoholic beverages and tobacco, 11.5 percent from 12.7 percent;
b. transport, -5.0 percent from -4.7 percent;
c. restaurants and accommodation services, 1.6 percent from 3.2 percent; and
d. personal care, and miscellaneous goods and services, 1.4 percent from 1.8 percent.

In contrast, higher annual growth rates were recorded in the indices of the following commodity groups during the month:

a. furnishings, household equipment and routine household maintenance, 1.7 percent from 0.2 percent;
b. health, 1.2 percent from 0.9 percent; and
c. recreation, sport and culture, 5.0 percent from 4.0 percent.

The indices of the rest of the commodity groups retained their respective previous month’s annual growth rates, with financial services registering zero percent annual rate in May 2025. (Figure 2)

Main Contributors to the May 2025 Overall Inflation

The following commodity groups were the top three contributors to the May 2025 overall inflation for the bottom 30% income households of the province:

a. Alcoholic beverages and tobacco, 56.6 percent share or 0.79 percentage point;
b. Food and non-alcoholic beverages with 25.2 percent share or 0.35 percentage point; and
c. Housing, water, electricity, gas and other fuels with 18.1 percentage share or 0.25 percentage points.

Food Inflation

Food inflation for the bottom 30% income households in Oriental Mindoro moved at a slower pace of 0.5 percent in May 2025 from 1.5 percent in the previous month. In May 2024, food inflation was higher at 1.9 percent. (Table 3)

Main Drivers to the Downward Trend of Food Inflation

The deceleration of food inflation in May 2025 was primarily due to the faster annual decline in the index of fish and other seafood at 0.5 percent from a 2.7 percent increase in April 2025. Moreover, faster annual decrease in the index of rice at 12.3 percent during the month from a 11.4 percent year-on-year decrement in April 2025 also contributed to the downward trend of the food inflation.

In addition, lower inflation rates during the month were noted in the following food groups:

a. flour, bread and other bakery products, pasta products, and other cereals, 0.9 percent from 1.2 percent;
b. meat and other parts of slaughtered land animals, 15.7 percent from 17.0 percent;
c. fruits and nuts, 11.8 percent from 15.3 percent; and
d. ready-made food and other products n.e.c., 2.9 percent from 4.3 percent.

INFLATION RATE BY FOOD GROUP

In contrast, higher annual increases were noted in the following food groups:

a. milk, other dairy products and eggs, 3.2 percent from 2.7 percent;
b. oils and fats, 32.8 percent from 28.0 percent;
c. vegetables, tubers, plantains, cooking bananas and pulses, 9.3 percent from 7.7 percent; and
d. sugar, confectionery and desserts, 1.9 percent from 1.6 percent.

The index of corn retained its previous month’s annual growth rate. (Figure 3 and Table 3)

Main Contributors to Food Inflation

Food inflation contributed 16.0 percent or 0.22 percentage point to the May 2025 overall inflation of the bottom 30% income households.

Among the food groups, the main contributors to the food inflation during the month were the following:

a. meat and other parts of slaughtered land animal with 477.0 percent share or 2.38 percentage points;
b. vegetables, tubers, plantains, cooking bananas and pulses with 125.6 percent share or 0.63 percentage point; and
c. fruits and nuts with 92.4 percent share or 0.46 percentage point.

(SGD) CHARLYN ROMERO-CANTOS, PhD
(Chief Administrative Officer)
Officer-in-Charge
Oriental Mindoro Provincial Statistical Office

HTD/JGO

TECHNICAL NOTES

Consumer Price Index is an indicator of the change in the average prices of a fixed basket of goods and services commonly purchased by households relative to a base year.

Market Basket is a sample of goods and services, which is meant to represent the totality of all the goods and services purchased by households relative to a base year.

• To determine the commodities that will form the market basket for the 2018-based CPI, the Survey of Key Informants (SKI) was conducted in March 2021. The survey, which was conducted nationwide to store managers, sellers or proprietors, obtained information on the most commonly purchased of goods and availed of services by the households.

• Base year is a reference period, usually a year, at which the index number is set to 100. It is the reference point of the index number series. The CPI is rebased from base year 2012 to base year 2018.

• Inflation Rate is the annual rate of change or the year-on-year change in the Consumer Price Index (CPI).

• Purchasing Power of Peso is a measure of the real value of the peso in a given period relative to  chosen reference period. It is computed by getting the reciprocal of the CPI and multiplying the result by 100