• NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US
Baguio Chronicle
  • NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US
No Result
View All Result
  • NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US
No Result
View All Result
Baguio Chronicle
No Result
View All Result
Home Business

Cordillera lowest in Central Luzon in inflation this year

Angel Castillo by Angel Castillo
September 17, 2022
in Business
Reading Time: 1 min read
5
SHARES
18
VIEWS

THE Cordillera Administrative Region (CAR) has recorded the lowest inflation rate across the entirety of Central Luzon this year as rates begin to stabilize.

The CAR recorded a 6.5 percent inflation rate in August, the lowest in Central Luzon alongside Region 3. Nationwide, the CAR and Region 3 were 7th in terms of inflation.

The inflation rate of 6.5 percent is 1.1 percentage points higher than in the same period last year of August, which was only 5.4 percent, but is lower than the previous month of July this year, which was 7.9 percent. 

ADVERTISEMENT

Across the entirety of Central Luzon, inflation is starting to slow down, but remains high compared to the previous year.

The highest recorded inflation rate this year is in Zamboanga, at 9.1 percent, followed by Davao Region at 8.9 percent, according to the reports.

The lowest inflation rate nationwide was in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) which remained to have the lowest inflation at 4.9 percent, followed by Calabarzon at 5.1 percent.

According to the Philippine Statistics Authority-RSSO 3 Regional Director Arlene Divino, the downtrend in inflation for August was caused by lower annual increment in the index of food and non-alcoholic beverages at 4.9 percent from 7.3 percent last July.

ADVERTISEMENT
Previous Post

Masks outdoors now voluntary in Baguio

Next Post

Pro-BBM vlogger slapped first ‘Bawal Bastos’ lawsuit in Benguet

Angel Castillo

Angel Castillo

Angel graduated with a bachelor's degree in Journalism from the University of the Philippines Baguio. As the youngest on the team, he writes on mental health and well being, and the millennial’s point of view.

Related Posts

Baguio eyes issuance of bonds to finance city projects, move away from PPP

May 31, 2023

1,200 properties encroaching on roads in Baguio

May 8, 2023

Local gov’t looking for proposals for next socialized housing project

City tightens belt on gov’t utilities usage, intensifies monitoring

CDRRM office function hall now open to public for rent

Market fire damage pegged at P40 million

Latest Stories

Nina Aguas talks of good corporate governance as a way of life at InLife

Nina Aguas talks of good corporate governance as a way of life at InLife

June 2, 2023

Grassroots etc. – A sense of loneliness

June 1, 2023

Green Thumbs Up – The lessons our garden teach us

June 1, 2023

Baguio Chronicle

 

The Baguio Chronicle is the fastest- growing news publication in Northern Luzon today. It was established on December 6, 2009 in Baguio City.

© 2022 The Baguio Chronicle Website Design and Development by Neitiviti Studios.

No Result
View All Result
  • NEWS
    • NATION
    • CORDILLERA
  • BUSINESS
  • GREEN
  • OPINION
    • EDITORIAL
  • FEATURE
  • FACT CHECK
  • HEALTH
  • LIFESTYLE
  • LITERATURE
  • SPORTS
  • ADVERTORIALS
  • ABOUT US
    • CONTACT US

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In