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 increased to 2.8 percent in May 2025 from 2.6% in the previous month. In May 2024, the inflation rate was 4.5 percent. (Figure 1, and Tables A and B)

The top 3 main driver to the downtrend were the following:
a.    Housing, water, electricity, gas and other fuels, 4.3 percent from 3.9 percent;
b.    Health, 5.0 percent from 4.1 percent; and
c.    Restaurants and accommodation services, 6.5 percent from 5.4 percent.

The index of the following exhibited higher annual increases during the month: 
a.    Clothing and footwear, 1.2 percent from 1.1 percent; and
b.    Recreation, sports and culture, 1.1 percent from 0.8 percent,
In contrast, lower annual increments were also noted on the index of the following:
a.    Food and non-alcoholic beverages, 2.1 percent from 2.2 percent;
b.    Furnishings, household equipment and routine household maintenance, 3.6 percent from 3.7 percent; 
c.    Transport, 1.4 percent from 1.5 percent; and 
d.    Personal care, and miscellaneous goods and services, 2.7 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 May 2025 overall inflation were the following:
a.    Housing, water, electricity, gas and other fuels; 
b.    Food and non-alcoholic beverages; and
c.    Personal care, and miscellaneous goods and services.

Food Inflation
Food inflation at the city for the bottom 30% income household further decreased to 1.9 percent in May 2025 from 2.1 percent in the previous month. In May 2024, food inflation was at 5.5 percent. (Table C)

Main Drivers to the Downward Trend of Food Inflation

The deceleration of food inflation in May 2025 was primarily brought about by cereal and cereal products with -1.9 percent from -0.8 percent in the previous month. This was followed by fish and other seafood with 4.9 percent and 6.6 percent, and ready-made food and other food products with 2.9 percent from 3.6 percent. 

Milk, other dairy products and eggs also decreased from 4.2 percent to 4.0 percent. In contrast, higher inflation rates were noted on the following:
a.    Meat and other parts of slaughtered land animals, 6.3 percent from 5.6 percent;
b.    Oils and fats, 5.8 percent from 5.7 percent; 
c.    Fruits and nuts, 11.3 percent from 11.1 percent; and
d.    Vegetables, tubers, plantains, cooking bananas and pulses, -2.0 percent from -4.5 percent.
The rest of the commodity groups remained at their previous inflation rates.

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

/SMBP