Headline inflation rate or the annual rate of change on the prices of goods and services in the market basket in Cotabato Province eased to 7.4 percent in December 2022 from 7.6 percent in November 2022. This is higher than the regional but lower than the national level at 7.1 percent and 8.1 percent respectively. A downtrend inflation rate was observed for this month. Inflation in December 2021 was lower at 4.4 percent. The average inflation for All items for the 12 months of the year stood at 5.8 percent.