SOCCSKSARGEN Region’s Inflation Rate for the Bottom 30% Household in August 2020 eases to 2.5 percent from 3.6% the previous month. Among the commodity groups, Alcoholic Beverages and Tobacco posted the highest annual increase at 25.9% in August 2020. A month-on-month slowdown on inflation were recorded in Alcoholic Beverages and Tobacco (from 26.7% to 25.9%), Clothing and Footwear (from 2.4% to 2.2%), Health (from 4.6% to 4.5%), Recreation and Culture (from 2.5% to 0.3%) and Restaurant and Miscellaneous Goods and Services (from 4.5% to 4.0%). A deflation was noted in Food and Non-Alcoholic Beverages (from 1.2% to -0.9%).

Annual price escalations from July to August 2020 were observed in Housing, Water, Electricity, Gas and Other Fuels (from 2.9% to 4.3%) and Transport (from 2.9% to 5.3%), while there was minimal change observed in the commodity group of Furnishing, Household Equipment and Routine Maintenance of the House at 1.6%, Communication at 1.7% and Education at 0.0%.