Date of Release: 14 July 2025
Reference No. 25R1280-SR-041

A. General Santos City

1. Overall Inflation

The headline inflation or overall inflation in General Santos City registered slower annual decline at 0.3 percent in June 2025 from a 2.0 percent annual drop in May 2025. In June 2024, the inflation rate was higher at 2.7 percent. (Table A and Figure 1)

1.1 Main Drivers to the Upward Trend of Headline Inflation (Table B)

The uptrend in General Santos City’s overall inflation in June 2025 was primarily brought about by the year-on-year increment in the index of housing, water, electricity, gas and other fuels at 1.9 percent during the month from a 4.8 percent annual decrease in May 2025.

The slower annual decrease of the indices of transport at 3.4 percent, and food and non-alcoholic beverages at 2.5 percent in June 2025 from their respective annual declines at 5.2 percent and 2.6 percent in the previous month also contributed to the uptrend of the overall inflation.

In addition, higher inflation rates were noted in the following commodity groups in June 2025:

a. Health, 7.2 percent from 4.5 percent;
b. Recreation, sport and culture, 1.3 percent from 0.9 percent;
c. Education services, 11.5 percent from 8.7 percent; and
d. Personal care, 2.2 percent from 1.5 percent.

Meanwhile, the index of restaurants and accommodation services retained its previous month’s annual drop at 0.8 percent.

The indices of the remaining commodity groups maintained their respective annual rates from the previous month, with financial services, and information and communication still at zero percent in June 2025. 

1.2 Main Contributors to the Headline Inflation

The top three commodity groups that contributed to the June 2025 overall inflation were the following:
a. Food and non-alcoholic beverages with 275.1 percent share or -0.8 percentage point; 
b. Transport with 100.2 percent share or -0.3 percentage point; and
c. Restaurants and accommodation services with 18.5 percent share or -0.1 percentage point.

2. Food Inflation

Food inflation in General Santos City remained its previous month’s annual rate at 3.1 percent year-on-year decrease in June 2025. In June 2024, food inflation was higher at 6.2 percent.  

2.1 Main Contributors to the Food Inflation

Food inflation contributed 313.3 percent or -1.0 percentage point to the June 2025 overall inflation. The top three food groups in terms of contribution to food inflation during the month were the following:

a. Cereals and cereal products, which include rice, corn, flour, bread and other bakery products, pasta products, and other cereals with a share of 131.5 percent or -4.1 percentage point;
b. Vegetables, tubers, plantains, cooking bananas and pulses with a share of 33.2 percent or -1.0 percentage point; and
c. Fruits and nuts with a share of 10.1 percent or -0.3 percentage point.

3. Purchasing Power of Peso

The Purchasing Power of Peso (PPP) in General Santos City decreased to PhP 0.80 in June 2025 from PhP 0.81 in the previous month. This means that a peso in 2018 is worth 80 centavos in June 2025, or you need PhP 124.4 to purchase the same goods and services that cost PhP 100.00 in 2018.

The PPP is inversely related to inflation rate. Therefore, as the inflation rate increases, PPP declines. In General Santos City, PPP has been decreasing on the average of 0.04 annually from 2018 to 2024. By comparison, the PPP in 2024 was 0.79 which implies that the PhP 1.00 in 2018 as the base year, values only PhP 0.79 in 2024. (Figure 2)