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JANUARY 2025 INFLATION REPORT OF OCCIDENTAL MINDORO FOR THE BOTTOM 30% INCOME HOUSEHOLD (BASE YEAR: 2018)

Release Date: Thursday, February 6, 2025

Reference Number: P51-SR2025-17

Inflation rate for the bottom 30% income households in Occidental Mindoro decelerated to 5.5 percent in January 2025 from 6.3 percent in December 2024. This is higher than the inflation rate of 3.6 percent in January 2024. Meanwhile, the inflation in MIMAROPA decelerated to 2.4 percent in January 2025, from 2.8 percent in December 2024. In January 2024 , the inflation rate in the region was 4.1 percent.

Inflation Rate by Commodity Group for Bottom 30% Income Households
In January 2025, five (5) commodity groups recorded lower inflation rates which included Food and Non- Alcoholic Beverages (7.7%); Personal care, and miscellaneous Goods and Services (1.7 %); Furnishings, Household Equipment and Routine Maintenance (1.9 %); Alcoholic Beverages and Tobacco (1.6 %); and Clothing and Footwear (0.2 %). Meanwhile, commodity groups that recorded higher inflation rates include Restaurants and Accommodation Services (19.2 %); Recreation, Sport and Culture (7.2 %); Health (5.8 %); Transport (0.5 %); and Financial Services (0.0%); and Housing, Water, Electricity, Gas and other Fuels (-4.7 %). Information and Communication (2.3 %); and Education Services (13.0%) remained unchanged in terms of inflation rate compared to December 2024.

Inflation Rate by Food Group for Bottom 30% Income Households

The inflation rate for the food index in the province decelerated to 8.2 percent in January 2025 from 10.0 in December 2024. In January 2024, the inflation rate for the food index in the province was recorded at 1.8 percent.
Four (5) commodities from the Food group had contribution to the downtrend of the food index in January 2025. This indicates lower inflation rates for the following food groups: Cereals and cereal products (7.9 %); Fruits and Nuts (47.9 %); Ready-made food and other food products (10.2); Milk, other dairy products and eggs (1.2%); and Oils and fats (-8.4 %). Meanwhile, Meat and other parts of slaughtered land animals (12.1 %); %); Vegetables, tubers, plantains, cooking bananas and pulses (14.9 %); Sugar, confectionery and desserts (-5.8 %) and Fish and other seafood (-1.5 and had accelerated annual growth rate as compared to December 2024.