Table A. Year-on-Year Inflation Rates, All Items

In percent

(2018=100)

Table A. Year-on-Year Inflation Rates, All Items

In percent

(2018=100)

Table B. Year-on-Year Inflation in Baguio City, By Commodity Groups

In percent

(2018=100)

Table C. Year-on-Year Food Inflation in Baguio City

In percent

(2018=100)

Baguio City

Headline Inflation

The headline inflation or overall inflation of the city for the bottom 30% income household remained at 4.6 percent in January 2025. In January 2024, the inflation rate was 1.9 percent. (Figure 1, and Tables A and B)

Higher annual increments were noted on the following:
a.    Food and Non-alcoholic beverages, 5.5 percent from 5.4 percent;
b.    Clothing and footwear, 1.0 percent from 0.9 percent;
c.    Furnishings, household equipment and routine household maintenance, 3.9 percent from 3.3 percent;
d.    Health, 3.6 percent from 3.4 percent; 
e.    Transport, 1.9 percent from 1.6 percent;
f.    Recreation, sport and culture, 0.6 percent from 0.4 percent; and
g.    Restaurants and accommodation services, 6.2 percent from 1.8 percent.

On the contrary, the index of the following exhibited a lower annual increase during the month:
a.    Alcoholic beverages and tobacco, 3.7 percent from 3.9 percent; 
b.    Housing, water, electricity, gas and other fuels, 5.5 percent from 6.0 percent;
c.    Information and communication, -0.2 percent from -0.1 percent; and
d.    Personal care, and miscellaneous goods and services, 2.8 percent from 2.9 percent.

The indices of the rest of the commodity groups retained their respective previous month’s annual rates.

Main Contributors to the Headline Inflation

The top three commodity groups contributing to the January 2025 overall inflation were the following:
a.    Food and non-alcoholic beverages;
b.    Housing, water, electricity, gas and other fuels; and
c.    Personal care, and miscellaneous goods and services.

Food Inflation
Food inflation at the city for the bottom 30% income household increased to 5.6 percent in January 2025 from 5.5 percent in the previous month. In January 2024, food inflation was 1.4 percent. (Table C)

Main Drivers to the Upward Trend of Food Inflation

The acceleration of food inflation in January 2025 was primarily brought about by vegetables, tubers, plantains, cooking bananas and pulses with 12.6 percent from 4.3 percent in the previous month. This was followed by fish and other seafood with 1.1 percent and -0.6 percent, and sugar, confectionery and desserts with 0.8 percent from 0.1 percent. Oils and fats also accelerated from 2.7 percent to 2.1 percent.

In contrast, lower inflation rates were noted on the following:
a.    Cereal and cereal products, 6.6 percent from 9.0 percent;
b.    Meat and other parts of slaughtered land animals, 4.0 percent from 4.8 percent;
c.    Milk, other dairy products and eggs, -0.9 percent from 1.5 percent; and
d.    Fruits and nuts, 10.0 percent from 11.7 percent.

Main Contributors to the Food Inflation

The top three food groups in terms of contribution to the food inflation during the month were the following:
a.    Cereals and cereal products;
b.    Vegetables, tubers, plantains, cooking bananas and pulses; and
c.    Meat and other parts of slaughtered land animals.
Note: CPIs and inflation rates by region, province and selected city are posted at the PSA website (https://openstat.psa.gov.ph/).

IMELDA L. BUYUCCAN (SGD)
Chief Statistical Specialist

/SMBP