The Headline Inflation rate in Kalinga goes up to 5.0 percent in January 2025, from 4.0 percent in December 2024. In January 2024, inflation rate was observed at -1.4 percent.

Figure 1: Inflation Rate in Kalinga January 2024 to 

January 2025

(2018=100)

The increase in the province inflation was brought about by the higher monthly increase in the CPI of the following items:

1. Housing, Water, Electricity, Gas and Fuels at 7.4 percentage point (January 2024 105.7 to January 2025 113.5);

2. Food and Non-alcoholic Beverages with 6.7 percentage point (January 2024 125.1 to January 2025 133.5);

3. Recreation and Culture with 4.5 percentage point (January 2024 115.2 to January 2025 120.4);

4. Clothing and Footwear with 3.7 percentage point (January 2024 126.1 to January 2025 130.8);

5. Furnishing, Household Equipment and Routine Household Maintenance with 3.2 percentage point (January 2024 132.8 to January 2025 137.0);

6. Personal Care Goods and Miscellaneous Services with 3.2 percentage point (January 2024 120.9 to January 2025 124.8);

7. Restaurant, Misc. Goods and Services with 2.8 percentage point (January 2024 144.5 to January 2025 148.6);

8. Alcoholic Beverages and Tobacco at 2.5 percentage point (January 2024 181.6 to January 2025 186.2);

9. Education with 1.9 percentage point (January 2024 127.7 to January 2025 130.1);

10. Information and Communication with 1.7 percentage point (January 2024 101.9 to January 2025 103.6) and

11. Health with 1.5 percentage point (January 2024 138.4 to January 2025 140.3).

     On the other hand, there is a decrease in percentage of Transportation with -0.9 percent (January 2024 120.4 to January 2025 119.3).

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 January 2024 and 

January 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 0.8 percent from 128.8 to 129.8. 

The increasing changes in the monthly CPI of the month were the result of the increasing prices from the group of the following items.

1. Food and Non-Alcoholic beverages with 1.3 percent change from 131.8 to 133.5

2.  Transport with 0.8 percent change from 118.3 to 119.3;

3. Alcoholic Beverages and Tobacco with 0.4 percent change from 185.5 to 186.2;

4. Furnishings, Household equipment and Routine Household maintenance from   0.4 percent change with136.5 to 137.9;

5. Housing, Water, Electricity, Gas and Fuels with 0.3 percent change from 113.2 to 113.5;

1. Clothing and Footwear with 0.1 percent change from 130.7 to 130.8;

2. Recreation and Culture with 0.1 percent change from 120.3 to 120.4 and

3. Health with 0.1 percent change from 140.3 to 140.5.

Moreover, stable price with 0.0 percent change was posted on the group of Information and Communication with 103.6, Education Services with 130.1, Personal Care and Miscellaneous Goods and Services with 124.8 and Financial Services with 146.0.

Figure 3: Consumer Price Index by Commodity Group for All Income Households in Kalinga December 2024 and 

January 2025

(2018=100)

Purchasing Power of Peso

The Purchasing Power of Peso (PPP) in Kalinga was valued at 0.77 this

  January 2025, 2 centavos lower than the PPP of January 2024 with 0.79 centavos. 

Figure 4: Purchasing Power of Peso in Kalinga

January 2024 – January 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