Table A. Year-on-Year Inflation Rates, All Items
In percent
(2018=100)

Figure 1. Headline Inflation Rates in Baguio City, All Items
(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 decreased to 2.0 percent in July 2025 from 2.2 percent in the previous month. In July 2024, the inflation rate was 4.8 percent. (Figure 1, and Tables A and B)

Main Drivers to the Downward Trend 

The downward trend in the overall inflation in July 2025 was primarily brought about by the higher annual increment of food and non-alcoholic beverages at 1.7 percent from 2.1 percent in the previous month. Also contributing to the upward trend was housing, water, electricity, gas and other fuels with 2.2 percent from 2.4 percent, and furnishings, household equipment and routine household maintenance with 3.4 percent from 3.9 percent. 

Lower annual increment was also noted in the index of alcoholic beverages and tobacco with 2.4 percent from 2.7 percent.
On the contrary, the following commodity groups exhibited a higher annual increment during the month:

a.    Clothing and footwear, 1.1 percent from 1.0 percent; 
b.    Health, 5.2 percent from 5.1 percent; and
c.    Transport, 1.7 percent from 1.6 percent.

Moreover, 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 July 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 decreased to 1.5 percent in July 2025 from 2.0 percent in the previous month. In July 2024, food inflation was 5.0 percent. (Table C)
Main Drivers to the Downward Trend of Food Inflation
The deceleration of food inflation in July 2025 was primarily brought about by cereal and cereal products particularly rice, with 7.0 percent from 2.9 percent in the previous month. This was followed by ready-made food and other food products n.e.c. with 1.9 percent and 2.3 percent, and oils and fats with 6.2 percent from 6.4 percent. 
In contrast, higher inflation rates were noted on rest of the food groups.

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.    Fish and other seafood;
b.    Meat and other parts of slaughtered land animals; and
c.    Fruits and nuts.

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

/DJPN