Inflation Rate for the Bottom 30% Income Households of SOCCSKSARGEN Region Increases to 5.8% in February 2024

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Reference Number :
R12-SR2024-006

 

YEAR-ON-YEAR INFLATION RATES

The Inflation Rate for the Bottom 30% Income Households in SOCCSKSARGEN Region increased to 5.8% in February 2024 from 4.6% in January 2024. 

From 2020 to 2023, the annual average Inflation Rate for the Bottom 30% Households in the region exhibited an uptrend from 4.0% in 2020 to 6.3% in 2023. From January 2020 to February 2024, the lowest monthly inflation was recorded in January 2020 at 1.7% while the highest was recorded in March 2023 at 8.4%. 
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Inflation Rate for the Bottom 30% Income Households of SOCCSKSARGEN Region Increases to 5.8% in February 2024

YEAR-ON-YEAR INFLATION RATES The Inflation Rate for the Bottom 30% Income Households in SOCCSKSARGEN Region increased to 5.8% in February 2024 from 4.6% in January 2024.

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