PSA Central Visayas Website

Inflation in Central Visayas, on the contrary, eased to 7.9 percent in October 2022, after four consecutive months of acceleration. With this month’s inflation, the region’s average inflation from January to October 2022 stood at 6.2 percent. In October 2021, inflation rate in the region stood at 2.4 percent. (Table A, B and Figure 1) Read more about Summary Inflation Report in Central Visayas, Consumer Price Index (2018=100): October 2022.

 

The Philippine Statistics Authority Region 7 (PSA 7) conducted the Regional Data Dissemination Forum on the 2021 Full Year Official Poverty Statistics in Central Visayas via blended set-up at Bai Hotel Cebu, Mandaue City. Usec. Dennis S. Mapa, National Statistician and Civil Registrar General of the Philippine Statistics Authority announced that the proportion of poor individuals in Central Visayas was estimated at 27.6 percent in 2021. This means that 27 out of 100 Filipinos whose income were below the amount needed to buy their basic food and non-food needs. He further mentioned that the poverty incidence among the population in Central Visayas was observed to be higher than the national poverty incidence among population, which was estimated at 18.1 percent in 2021, 16.7 percent in 2018, and 23.5 percent in 2015. Meanwhile, poverty incidence among Filipino families in Central Visayas in 2021 was estimated at 22.1 percent. This means that 22 out of 100 families have incomes below the amount needed to buy their basic food and non-food needs in 2021. An increase of 8.7 percentage points was recorded from the 2018 estimate at 13.4 percent and a decrease of 2.8 percentage point from 2015 which was recorded at 24.9 percent. The poverty incidence among families in Central Visayas was observed to be higher than the national poverty incidence among families which was estimated at 13.2 percent in 2021, 12.1 percent in 2018, and 18.0 percent in 2015. Read more about Central Visayas Poor Population is estimated at 27.6 percent in 2021.

 

Poverty incidence among Filipino families in Central Visayas in 2021 was estimated at 22.1 percent. This means that 22 out of 100 families have incomes below the amount needed to buy their basic food and non-food needs in 2021. An increase of 8.7 percentage points was recorded from the 2018 estimate at 13.4 percent and a decrease of 2.8 percentage points from 2015 which was recorded at 24.9 percent Read more about 2021 Full Year Official Poverty Statistics in Central Visayas.

 

Similar to the trend at the national level, inflation in Central Visayas rose to 8.1 percent in September 2022, from 7.4 percent in August 2022. In September 2021, inflation rate in the region stood at 2.2 percent. (Table A, B and Figure 1) Inflation rate during the month was the highest since January 2019. With this month’s inflation, the region’s average inflation from January to September 2022 stood at 6.0 percent. Read more about Summary Inflation Report in Central Visayas, Consumer Price Index (2018=100): September 2022.

 

Inflation in Central Visayas, on the contrary, increased to 7.4 in August 2022, from 6.9 percent in July 2022. In August 2021, inflation rate in the region stood at 1.9 percent. Read more about Summary Inflation Report in Central Visayas, Consumer Price Index (2018=100): August 2022.

 

Similar to the trend at the national level, inflation in Central Visayas continued to move at a higher rate of 6.9 percent in July 2022. In the previous month, inflation rate stood at 5.7 percent and in July of the previous year, it was lower at 1.5 percent. (Table A, B and Figure 1) Inflation rate during the month was the highest since January 2019. With this month’s inflation, the regions’ average inflation from January to July 2022 stood at 5.5 percent. (Table B) The acceleration of inflation in Central Visayas in July 2022 was primarily due to the higher annual growths in the Food and Non-Alcoholic Beverages index, at 8.5 percent; and transport index, at 23.6 percent. (Table 3) Read more about Summary Inflation Report in Central Visayas, Consumer Price Index (2018=100): July 2022.

 

Former President Rodrigo Roa Duterte through Executive Order No. 162 institutionalized the acceptance of the Philippine Identification System (PhilSys) number as sufficient proof of identity and age in all government and private transactions. Pursuant to RA 11055, an individual’s record in the PhilSys shall be considered as sufficient proof of identity and age in all public and private transactions. The PhilSys shall be the government’s central identification platform for all citizens and resident aliens of the country. Furthermore, the PhilID shall serve as the official government-issued identification document and official proof of identity of cardholders in dealing with all NGAs, instrumentalities, departments, bureaus, offices, LGUs, GOCCs, GFIs, State Universities and Colleges, and other chartered institutions and private sector entities. Read more about Institutionalizing the Acceptance of PhilSys Number as Sufficient Proof of Identity and Age in all Government and Private Transactions.