Release Date :
Reference Number :
R12-SR2022-030
YEAR-ON-YEAR INFLATION RATES
Headline inflation rate or the annual rate of change on the prices of goods and services in the market basket in SOCCSKSARGEN Region eased to 3.3% in March 2022 from 3.9% in February 2022. This is the lowest monthly inflation rate recorded since January 2022. On the average, the annual Headline Inflation for All items in the region exhibited a downtrend; from 6.2% in March 2021 to 3.3% in March 2022. Inflation for the first three months of the year averaged at 4.1 percent.