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Release Date :
Reference Number :
2024SR-030

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 November 2024 decelerated to 1.7 percent from 2.3 percent in the previous month. In November 2023, the headline inflation was higher, at 5.5 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, 0.3 percent from 2.4 percent, housing, water, electricity, gas and other fuels at 5.3 percent from 7.1 percent, and information and communication at 0.0 percent from 0.5 percent in the previous month.
 


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. Health, 1.2 percent, from 1.5 percent; and
     b. Recreation, Sport and Culture, 0.4 percent from 0.6 percent;

On the other hand, six commodity groups exhibited higher inflation rates: 
     a. Alcoholic Beverages and Tobacco, 3.2 percent from 3.0 percent; 
     b. Clothing and Footwear, 0.8 percent from 0.2 percent; 
     c. Furnishings, Household Equipment and Routine Household Maintenance, 3.6 percent from 1.0 percent; 
     d. Transport, 0.4 percent from -4.8 percent; 
     e. Restaurants and Accommodation Services, 5.0 percent from 1.0 percent; and  
     f.  Personal Care, and Miscellaneous Goods and Services, 1.5 percent from 0.8 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 November 2024 decelerated to 0.2 percent inflation rate, from 2.5 percent in the previous month. In November 2023, the food index was higher at 8.4 percent inflation rate. (Table C)

The deceleration of the food inflation for the month was brought about by the lower index for rice at -1.7 percent from 6.5 percent, meat and other parts of slaughtered land animals, 4.5 percent from 4.7 percent, fish and other seafood, -0.7 percent from 1.0 percent, and milk, other dairy products and eggs, -0.2 percent from 0.8 percent in the previous month.

In contrast, higher inflation rates were observed in the following food groups: 
 
     a. Corn, 3.3 percent from 2.0 percent; 
     b. Flour, Bread and Other Bakery Products, Pasta Products, and other Cereals, 1.7 percent from 1.0 percent; 
     c. Oils and fats, -0.3 percent from -2.6 percent;  
     d. Fruits and nuts, 3.7 percent inflation from 2.4 percent;  
     e. Vegetables, tubers, plantains, cooking bananas and pulses, 1.1 percent from -2.1 percent;  
     f. Sugar, Confectionery, and Desserts, -4.4 percent from -7.3 percent; and 
     g. Ready-made food and other food products n.e.c., 1.5 percent from 0.6 percent in the previous month.

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

 

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

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