Davao del Norte’s headline inflation rate in July 2024 went up to 4.7 percent as it took an uptick of 3.4 percentage points compared with the same month a year ago when it settled at only 1.3 percent.
TAGUM CITY — Davao del Norte’s headline inflation rate in July 2024 went up to 4.7 percent as it took an uptick of 3.4 percentage points compared with the same month a year ago when it settled at only 1.3 percent. Data from the Philippine Statistics Authority Davao del Norte showed that the July 2024 headline inflation rate of Davao del Norte was higher than the July 2024 headline inflation rate of the Philippines calculated at 4.4 percent but lower than the Davao Region at 5.1 percent.
4 percent in June but the faster annual increase of the consumer price indices in July for the commodity group of Housing, Water, Electricity, Gas and Other Fuels, as well as the increases of price indices for Food and Non-alcoholic Beverages; and Transport, again, pushed the headline inflation rate of the province to almost five percent level.Data from PSA Davao del Norte showed that the overall price indices for Housing, Water, Electricity, Gas and Other Fuels went up from negative 4.
Davao Del Norte Inflation Headline Inflation Rate Inflation Rate PSA Philippine Statistics Authority Consumer Price Index Commodity Groups Food Inflation Food Transport Housing Housing Inflation Transport Inflation
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