DUMAGUETE CITY: The headline inflation of Negros Oriental dropped to 3.4 percent in July from 4.2 percent in June. It was the lowest so far this year, according to an official of the Philippine Statistics Authority (PSA) on Friday. During a press briefing, Chief Statistical Analyst and PSA-Negros Oriental head Ariel Fortuito said the main driver in the drop was the housing, water, electricity gas and other fuels commodity group. 'The drop in the prices of gasoline, water and electric bills have resulted in the drop, which is also an indicator that we have enough budget,' Fortuito said. Alcoholic beverages, tobacco, clothing and footwear also contributed to the figure. On the other hand, the commodity groups that had high inflation rates were food and non-alcoholic beverages, transport, and education services. Fortuito said the groups with constant inflation are information and communication; furnishings, household equipment, and routine household maintenance; restaurants and accommodation services; fina ncial services; and personal care and miscellaneous goods. The decline in the July inflation rate was also the lowest since July 2023. The province recorded its highest inflation in March at 4.5 percent. Last year, the lowest inflation was recorded in November at 5.4 percent while the highest was in September at 7.1 percent. Source: Philippines News Agency
Negros Oriental inflation drops to 3.4% in July
Search
Advertisement
Latest Posts
- Sen. Pia, tennis champs part of PH team to Asia Pacific Padel Cup September 14, 2024
- NNIC takes over NAIA, begins ambitious world-class plans September 14, 2024
- Mendoza leads PH to 4-0 win over Jordan in Chess Olympiad September 14, 2024
- ASF vax effective for now; pigs healthy post-inoculation – DA September 14, 2024
- Higher satisfaction rating inspires PBBM to work harder for Filipinos September 14, 2024
- Fugitive Korean arrested at Immigration office September 14, 2024
- Red Lions overpower Stags in NCAA basketball September 14, 2024
- Comelec-NIR to hold poll counting machine demo in every LGU September 14, 2024
- 13.5K families in Negros Occidental displaced by heavy rains, floods September 14, 2024
- Customs-NAIA intercepts P6.8-M worth of kush September 14, 2024
Recent News
- Sen. Pia, tennis champs part of PH team to Asia Pacific Padel Cup September 14, 2024
- NNIC takes over NAIA, begins ambitious world-class plans September 14, 2024
- Mendoza leads PH to 4-0 win over Jordan in Chess Olympiad September 14, 2024
- ASF vax effective for now; pigs healthy post-inoculation – DA September 14, 2024
- Higher satisfaction rating inspires PBBM to work harder for Filipinos September 14, 2024
Categories
Advertisement
Archives
Categories
Advertisement
Search
Latest News
- Sen. Pia, tennis champs part of PH team to Asia Pacific Padel Cup September 14, 2024
- NNIC takes over NAIA, begins ambitious world-class plans September 14, 2024
- Mendoza leads PH to 4-0 win over Jordan in Chess Olympiad September 14, 2024
- ASF vax effective for now; pigs healthy post-inoculation – DA September 14, 2024
- Higher satisfaction rating inspires PBBM to work harder for Filipinos September 14, 2024
- Fugitive Korean arrested at Immigration office September 14, 2024
- Red Lions overpower Stags in NCAA basketball September 14, 2024
- Comelec-NIR to hold poll counting machine demo in every LGU September 14, 2024
Archives
Categories
Advertisement
Recent Posts
- Sen. Pia, tennis champs part of PH team to Asia Pacific Padel Cup September 14, 2024
- NNIC takes over NAIA, begins ambitious world-class plans September 14, 2024
- Mendoza leads PH to 4-0 win over Jordan in Chess Olympiad September 14, 2024
- ASF vax effective for now; pigs healthy post-inoculation – DA September 14, 2024
- Higher satisfaction rating inspires PBBM to work harder for Filipinos September 14, 2024
- Fugitive Korean arrested at Immigration office September 14, 2024
- Red Lions overpower Stags in NCAA basketball September 14, 2024