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CAR average inflation decelerates in 2023
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The average inflation rate in the Cordillera Administrative Region (CAR) slowed down to 4.5% in 2023 from 6.4% in 2022. This was still higher than the average inflation rate in 2021 at 3.9%.
CAR Inflation further decelerates in December 2023
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The inflation rate in the Cordillera Administrative Region (CAR) continued to slow down to 2.8% in December 2023 from 3.3% in November 2023. This was the third time that inflation has decelerated since the acceleration in September 2023.
Summary Inflation Report Consumer Price Index (2018=100) Cordillera Administrative Region December 2023
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The inflation rate in Cordillera slowed down further to 2.8 percent in December 2023 from 3.3 percent in November 2023. This brings the regional average inflation of the Year 2023 to 4.5 percent. In December 2022, the inflation rate in the region…
October 2023 Price Situation in the Cordillera (Base Year: 2018)
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The CPI of the Cordillera Administrative Region (CAR) in October 2023 was 123.3. This was higher by 5.5 index points from the 117.8 CPI of October 2022 using 2018 as the base year.
Summary Inflation Report Consumer Price Index (2018=100) Cordillera Administrative Region November 2023
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The inflation rate in Cordillera slowed down further to 3.3 percent in November 2023 from 4.7 percent in October 2023. This brings the regional average inflation from January 2023 to November 2023 at 4.7 percent. In November 2022, the inflation rate…
Summary Inflation Report Consumer Price Index for the Bottom 30% Income Households (2018=100) November 2023
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The inflation rate for households in the bottom 30% income bracket in the Cordillera region eased to 4.3 percent in November 2023 from 5.6 percent in October 2023. However, this remained 1.0 percentage points higher than the overall inflation rate…
CAR Inflation continues to decelerate in November 2023
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The inflation rate in the Cordillera Administrative Region (CAR) continues to slow down to 3.3 percent in November 2023 from 4.7 percent in October 2022.
Consumer Price Index, Inflation Rate, and Purchasing Power of Peso in Kalinga, (2018=100): November 2023
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The Province of Kalinga’s 2018 based Consumer Price Index (CPI) in November 2023 rose to 123.4, 4.9 percent higher compared to the CPI of the month of November 2022. This means that a household living in Kalinga needs an additional amount of 24.3…
CAR Inflation decelerates in October 2023
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Inflation rate in Cordillera Administrative Region (CAR) slows down to 4.7 percent in October 2023 from 5.2 percent of September 2022. This was mainly due to increases in the prices of Food and Non-Alcoholic Beverages that contributed 90.2 percent…
July 2023 Price Situation in the Cordillera (Base Year 2018)
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The CPI of the Cordillera Administrative Region (CAR) in July 2023 was 119.0 index points. This was higher by 3.4 index points from the 115.6 CPI index points in July 2022, using 2018 as base year.