The headline inflation or the annual rate of change on the prices of goods and services in the market basket in General Santos City increased to 3.4 percent in August 2023 from last month’s inflation at 2.4 percent. This was lower than the regional and national levels at 4.6 percent and 5.3 percent, respectively. This was also lower by 4.5 percentage points from a year ago of the same month at 7.9 percent. For the first eight months, the average inflation of the city was recorded at 4.9 percent.