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Release Date :
Reference Number :
23R1280-PR-001

The headline inflation or the annual rate of change on the prices of goods and services in the market basket in General Santos for the month of December 2022 slightly slowed down to 6.9 percent from last month’s inflation at 7.1 percent. The City’s inflation rate is slightly lower by 0.2 percentage point than the regional level with 7.1 percent, however, it is lower by 1.2 percentage points compared to the national level with 8.1 percent.