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 September 2024 decreased to 2.4 percent from 3.3 percent in the previous month. In September 2023, the headline inflation was higher, at 7.1 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 2.5 percent from 3.8 percent in the previous month. Also contributing to the downtrend was housing, water, electricity, gas, and other fuels, 7.7 percent from 8.5 percent;
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. Transport, -6.3 percent from -5.8 percent;
b. Recreation Sport and Culture, 0.4 percent from 3.0 percent;
c. Clothing and Footwear, 0.5 percent, from 0.9 percent;
d. Personal Care, and Miscellaneous Goods and Services, 1.1 percent from 1.2 percent; and
e. Health, 1.6 percent from 1.7 percent.
On the other hand, two (2) commodity groups exhibited higher inflation rates:
a. Alcoholic Beverages and Tobacco, 3.0 percent from 2.9 percent; and
b. Information and Communication, 0.6 percent from 0.1 percent.
The remaining commodity groups 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 September 2024 decreased to 2.6 percent inflation rate, from 4.0 percent in the previous month. In September 2023, the food index was higher at 11.5 percent inflation rate. (Table C)
The deceleration of the food inflation for the month was brought about by the lower index for cereals and cereal preparation at 11.1 percent from 6.7 percent in the previous month, vegetables, tubers, plantains, cooking bananas and pulses with -6.4 percent in September 2024 from 2.3 percent in the previous month, and ready made food, and other food products n.e.c., 0.6 percent from 1.1 percent.
In contrast, higher inflation rates were observed in the following food groups:
a. Flour, Bread and other Bakery Products, Pasta Products and other Cereals, 1.4 percent from 0.9 percent;
b. Milk, Other Dairy Products and Eggs, 0.3 percent from -0.7 percent;
c. Sugar, Confectionery, and Desserts, -9.3 percent from -11.2 percent;
d. Meat and Other Parts of Slaughtered Land Animals, 5.4 percent from 5.2 percent
e. Oils and Fats, -5.7 percent inflation from -5.8 percent;
f. Fruits and Nuts, 2.2 percent from 1.5 percent; and
g. Fish and Other Seafood, 2.8 percent from -5.0 percent.
The remaining commodity group retained their previous month’s inflation rates.
Table D. Year-on-Year Inflation Rates in Palawan,
All Items, In Percent
January 2021 – September 2024
(2018=100)
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