Inflation Rate for the Bottom 30% Income Households of SOCCSKSARGEN Region Hits 8.2% in January 2023

Release Date :
Reference Number :
R12-SR2023-005

YEAR-ON-YEAR INFLATION RATES

The Inflation Rate for the Bottom 30% Income Households in SOCCSKSARGEN Region rose to 8.2% in January 2023 from 7.8% in December 2022.

From 2019 to 2022, the annual average Inflation Rate for the Bottom 30% Households in the region exhibited an uptrend from 1.0% in 2019 to 5.8% in 2022. The lowest monthly inflation was recorded in September 2019 at -2.0% while the highest was recorded in December 2022 at 7.8%.
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PDF Special Release - Inflation Rate Jan. 2023 373.98 KB