Philippine Statistics Authority
Region XII - (SOCCSKSARGEN) 
ATTY. MAQTAHAR L. MANULON, CESO V
Regional Director 

 

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BAC-PB-2021-01 November 2021

 

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Regional Latest Publications

Headline Inflation in SOCCSKSARGEN Down To 5.0% in January 2022

NDEX POINTS
The CPI for All Items in SOCCSKSARGEN Region increased by 113.9 index point in January 2022 from 108.5 index points in January 2021. The average retail price of commodities included in the market basket for all goods and services for the month under review increased by 11.3 percent from the 2018-based year.

INFLATION
Headline inflation rate, or the annual rate of change in the prices of goods and services in the market basket in SOCCSKSARGEN Region decrease to 5.0 percent in January 2022 from 5.3 percent in December 2021.

Inflation of SOCCSKSARGEN for the Bottom 30% Income Households Hit 5.5% in December 2021

YEAR-ON-YEAR INFLATION RATES

The Inflation Rate for the Bottom 30% Income Households in SOCCSKSARGEN Region eased to 5.5% in December 2021 from 6.2% in November 2021. Housing, Water, Electricity, Gas, and Other Fuels (HWEGOF) recorded the highest inflation at 7.2% from 7.0% the previous month. Aside for HWEGOF, price gains were also noted in Food and Non-Alcoholic Beverages (from 5.7% to 5.9%) and Health (from 1.9% to 2.0%).

Volume and Value of Imported and Exported Goods, SOCCSKSARGEN Region: August 2021

Total external trade up
The external trade in goods in SOCCSKSARGEN Region totaled to US$191.240 million in August 2021, up by 25.1 percent from US$152.872 million in August 2020.

Trade balance decrease
Balance of trade in goods (BoT-G) is the difference between the value of exports and imports. The BoT-G amounted to US$60.998 million on August 2021, about 20.3 percent higher than the US$50.693 million the previous year.

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