ILOILO CITY – The inflation rate in Western Visayas went up by 0.2 percent from 3.2 percent in November to 3.4 percent in December.
“The uptrend in the Western Visayas inflation rate in December 2024 was mainly due to the faster growth of housing, water, electricity, gas, and other fuels,” said Nida Amolar, Philippine Statistics Authority-6 officer-in-charge and chief statistical specialist.The rise in inflation was also attributed to the increase in transportation cost by 1.7 percent, from -0.1 percent in November to 1.8 percent in December.
The province of Aklan has the region’s lowest inflation rate in December at 1.4 percent and for the fourth straight month. Iloilo City, the regional capital of Western Visayas, recorded the highest inflation rate last December at 5.4 percent, up by 1.9 percent from 3.5 percent in November. Antique has a 1.5 percent inflation rate, 2.4 percent in Bacolod City, 2.8 percent in Capiz, 2.8 percent in Guimaras, 3.7 percent in Negros Occidental, and 4.2 percent in Iloilo.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
360 new Western Visayas cops take oathILOILO CITY – Western Visayas region has 360 new policemen.
Read more »
Misa de Gallo observed peacefully in Western Visayas, police reportsSunStar Publishing Inc.
Read more »
Over P1M 'shabu' seized in Western VisayasSunStar Publishing Inc.
Read more »
Western Visayas police demonstrate resolve in region-wide crackdown on fugitivesSunStar Publishing Inc.
Read more »
288 men, 72 women join PNP ranks in Western Visayas after rigorous selection processSunStar Publishing Inc.
Read more »
Victorias City Hosts PNVF Under-21 National Volleyball Championships Western Visayas FinalsVictorias City kicks off the Western Visayas Finals of the PNVF Under-21 National Volleyball Championships with a successful Fellowship Night, showcasing its dedication to sports tourism.
Read more »