1. Philippines
The country’s inflation rate has increased from 5.4 percent in May 2022 to 6.1 percent in June 2022. This was the highest recorded inflation since December 2018. In June of the previous year, inflation was lower at 3.7 percent. (Table 1)
2. Central Visayas Region
The inflation rate in Central Visayas has increased to 5.7 percent in June 2022 from 5.3 percent in May 2022. In May 2021, inflation in the region was at 1.5 percent. (Table 1)
3. Negros Oriental
The province’s inflation rate has increased from 4.9 percent on May 2022 to 5.3 percent in June 2022. In June of the previous year, inflation was lower at 3.8 percent. (Figure 1)
The following commodity groups contributed to the upward trend of the inflation during the month of June 2022 compared to the previous month:
a. Transport, 15.7 percent from 13.8 percent;
b. Food and Non-Alcoholic Beverages, 6.5 percent from 5.6 percent;
c. Furnishing, Household Equipment and Routine Household Maintenance, 2.8 percent from 2.2 percent;
d. Alcoholic Beverages and Tobacco, 1.0 percent from 0.7 percent; and
e. Recreation, Sport and Culture, 0.2 percent from 0.1 percent;
On the contrary, inflation rate was lower for Housing, Water, Electricity, Gas and Other Fuels at 5.1 percent from 5.4 percent.
Seven commodity groups retained their previous month’s inflation rates and these were: Restaurants and Accommodation Services at -0.4 percent; Clothing and Footwear, Information and Communication, Education, and Financial Services at 0.0 percent; Personal Care, and Miscellaneous Goods and Services at 0.1 percent; and Health at 1.1 percent. (Figure 2)
Approved by:
(SGD.) ARIEL T. FORTUITO
Chief Statistical Specialist