Headline Inflation

Kalinga’s headline inflation or overall inflation goes down to 1.1 percent in April 2025 from 1.5 percent in March 2025. Inflation in April 2024 was at 4.7 percent.      

Figure 1. Year-on-Year Inflation Rates (%) in Kalinga, All Items:

April 2024 to April 2025

The decrease in the province’s inflation was brought about by the lower monthly decrease in the Consumer Price Index of the following items:

1. Housing, Water, Electricity, Gas and Fuels at -0.3 percentage point (April 2024 110.5 to April 2025 108.5) and;

2. Transportation at - 4.4 percentage point (April 2024 127.6 to April 2025 117.2).

     On the other hand, there is an increase in the following items,

1. Food and Non-alcoholic Beverages with 3.6 percentage point (April 2024 127.0 to April 2025 131.1), 

2. Education with 1.9 percentage point (April 2024 127.7 to April 2025 130.1),

3. Furnishing, Household Equipment and Routine Household Maintenance with 1.7 percentage point (April 2024 134.9 to April 2025 137.2),

4. Personal Care Goods and Miscellaneous Services with 1.5 percentage point (April 2024 122.8 to April 2025 124.7),

5. Clothing and Footwear with 1.3 percentage point (April 2024 129.1 to April 2025 130.8);

6.   Recreation and Culture with 1.3 percentage point (April 2024 118.8 to April 2025 120.4),

7. Alcoholic Beverages and Tobacco at 1.0 percentage point (April  2024 184.5 to April 2025 186.4),

8.  Health with 0.7 percentage point (April 2024 139.7 to April  2025 140.7),

9.     Restaurant, Miscellaneous Goods and Services with 0.6 percentage   point ( April 2024 147.7 to 148.6), and

10.     Information and Communication with 0.5 percentage point (April  2024 103.2 to April 2025 103.7).

     Meanwhile, there is no change in the commodity group of Financial Services.

Figure 2: Consumer Price Index by Commodity Group for All Income Households in Kalinga April 2024 and April 2025

(2018=100)

PRICE SITUATION: Month-on-Month

In the month-on-month comparison, the Consumer Price Index (CPI) in All Items is posted at -0.1 percent from 127.7 to 127.6. 

The decreasing changes in the monthly CPI of the month were the result of the decreasing prices from the group of the following items:

1. Transportation with -1.2 percent change from 118.6 to 117.2 and 

2. Housing, Water, Electricity, Gas and Fuels with -0.3 percent change from 108.8 to 108.5.

          Meanwhile, there is an increase of prices with 0.1 percent from the group of Food and Non-Alcoholic beverages and    Furnishing, Household Equipment and Routine Household Maintenance. 

Moreover, a stable price with 0.0 percent change was posted on the group of the following:

1. Alcoholic Beverages and Tobacco with 186.4;

2. Clothing and Footwear with 130.8;

3. Health with 140.7;

4. Information and communication with 103.7;

5. Recreation and Culture with 120.4;

6. Education Services with 130.1;

7. Restaurant and Accommodation services with 148.6;

8. Financial Services 146.0, and 

9.    Personal care and Miscellaneous goods and services with 124.7.

Figure 3: Consumer Price Index by Commodity Group for All Income Households in Kalinga March 2025 and April 2025

(2018=100)

Purchasing Power of Peso

The Purchasing Power of Peso (PPP) in Kalinga was valued at 0.78 this

  April 2025, 1 centavo lower than the PPP of April 2024 with 0.79 centavos. 

Figure 4: Purchasing Power of Peso in Kalinga

April 2024 – April 2025   

(2018=100)

Technical Notes:

Price – is the amount or value paid in exchange for the commodity, or a service rendered.

   Retail/Consumer Price – refers to the price at which a commodity is sold in small         quantities for consumption.

Weight – a value attached to a commodity or group of commodities to indicate the relative importance of that commodity or group of commodities in the market basket.

Market Basket – a term used to refer to a sample of goods and services that are commonly purchased and bought by an average Filipino household.

Consumer Price Index (CPI) – is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.

Inflation Rate - is the percentage increase or decrease in prices during a specified period, usually a month or a year and it is derived from CPI. It is interpreted in terms of declining purchasing power of money.

Unit of Measure -   refers to which a commodity is customarily traded in the market, and it is the actual unit in which the associated values are measured. 

Commodity Specifications – refers to the detailed description of the commodity such as a brand packaging, size and unit of measure or other characteristics that will best describe the product/commodity and are important in the determination of prices.

  Uses of the CPI

     As an indicator, the CPI is the most widely used in the calculation of the inflation rate and purchasing power of the peso. It is a major statistical series used for economic analysis and as monitoring indicator of government economic Policy.

    The CPI is also used as a deflector to express value series in real terms, which is, measuring the change in actual volume of transaction by removing the effects of price changes. The CPI also serves as input in wage adjustments through the collective bargaining agreements.

sgd.
MARIBEL M. DALAYDAY

 Chief Statistical Specialist