The inflation rate in Cordillera continued to slow down for the sixth month as it eased down to 2.9 percent in July 2023 from 3.2 percent in June 2023. Inflation in July 2022 was higher at 7.3 percent.
Kalinga’s inflation for the month of July 2023 is recorded at 2.0 percent, notably higher than the 8.0 percent posted in the same period a year ago. Likewise, this month’s inflation is slightly lower by 0.2 percent than the 2.2 percent recorded in…
Inflation in Ifugao increased to 3.9 percent in July 2023 from 3.2 percent in June 2023. In addition, July 2023 inflation was lower by 1.6 percentage points from 5.5 percent in July 2022 and 0.7 percentage points higher from 3.2 percent in July 2023…
The CPI of the Cordillera Administrative Region (CAR) in June 2023 was 118.6. This was higher by 3.7 index points from the 114.9 CPI in June 2022 using 2018 as the base year.