The inflation rate in Lapu-Lapu City further increased in December 2022 The inflation rate in Lapu-Lapu City increased by 0.2 percentage points at 6.0 percent in December 2022 compared to the inflation in November 2022 at 5.8 percent. Inflation in the city also increased by 5.4 percentage points compared to the inflation in December 2021 at 0.6 percent. Meanwhile, the city’s inflation was lower compared to the inflation rate in Central Visayas at 8.5 percent in December 2022. The annual average inflation for the year 2022 in Lapu-Lapu City was posted at 3.0 percent. (See Table A.) Read more about December 2022 Consumer Price Index (CPI), Inflation Rate (IR), Purchasing Power of Peso (PPP) in Lapu-Lapu City.