Year on Year Inflation rate in Cebu Province further accelerated to 8.3% The inflation rate in Cebu Province excluding its highly urbanized cities namely Cebu City, Lapu-Lapu City and Mandaue City, in all items, further accelerated to 8.3 percent in May 2022, from 8.0 percent in April 2022. An increase of 6.1 percentage points of the inflation in May 2022 compared to May 2021 at 2.2 percent. The average inflation from January to May 2022 remained at 7.8 percent. The inflation in Cebu is higher by 3.0 percentage points from the inflation in Central Visayas at 5.3 percent in May 2022. (See Table A.) Read more about May 2022 Consumer Price Index (CPI), Inflation Rate (IR), Purchasing Power of Peso (PPP) in Cebu Province.