Cotabato Province Headline Inflation accelerates to 6.4% in June 2022

Headline inflation rate or the annual rate of change on the prices of goods and services in the market basket in Cotabato Province accelerate to 6.4 percent in June 2022 from 4.8 percent in May 2022. This is higher than the regional and national levels at 5.7 percent and 6.1 percent respectively. This is the highest inflation rate recorded this year. Inflation in June 2021 was lower at 5.0 percent. The average inflation for All items for the first six months of the year stood at 4.2 percent.