SOCCSKSARGEN Region’s Inflation Rate for the Bottom 30% Income Household grew by 4.6% in December 2020 from 3.6% in November of the same year. Inflation rate was highest in Transport among all commodity groups at 26.2% sustaining a double digit figure from 16.3% the previous month. A double digit inflation was also noted in Alcoholic Beverages and Tobacco at 17.9% from 15.3%. Faster annual price hikes were noted in Food and Non-Alcoholic Beverages (from 1.2% to 1.9%) and Clothing and Footwear (from 1.9% to 2.4%) and Restaurant and Miscellaneous Goods and Services (from 3.9% to 5.1%).

Slower price mark-ups were noted in the commodity groups of Housing, Water, Electricity, Gas and Other Fuels (from 3.8% to 3.5%), Furnishing, Household Equipment and Routine Maintenance of the House (from 1.1% to 1.0%) and Health (from 4.3% to 3.7%). Little to no change in the month-on-month inflation was observed in Communication, Recreation and Culture, and Education.