The inflation rate in Cebu City decreased to 5.1 percent in December 2022 Cebu City’s inflation rate decreased from 5.5 percent in November 2022 to 5.1 percent in December 2022. In the same period, the city's inflation rate is lower than the inflation rate in Central Visayas of 8.5 percent. From January to December 2022, Cebu City's average inflation rate raised to 3.1 percent compared to year-to date inflation from January to November 2022 at 1.2 percent. (See Table A .) Read more about December 2022 Consumer Price Index (CPI), Inflation Rate (IR), Purchasing Power of Peso (PPP) in Cebu City.

 

Cebu province's inflation continues to decelerate at 10.4 percent in December 2022 In December 2022, Cebu Province's inflation rate continued to decelerate at 10.4 percent, excluding its highly urbanized cities of Cebu City, Lapu-Lapu City, and Mandaue City from 10.7 percent in November 2022. However, the inflation rate in the province for the month of December 2022 was higher by 2.3 percentage points compared to the country’s inflation rate of 8.1 percent and by 1.9 percentage points compared to the inflation rate in Central Visayas at 8.1 percent, respectively. From January to December 2022, the provincial average inflation rate was 9.4 percent. (See Table A.) Read more about December 2022 Consumer Price Index (CPI), Inflation Rate (IR), Purchasing Power of Peso (PPP) in Cebu Province.