Release Date :
Reference Number :
R12-SR2021- 022
INDEX POINTS
The Consumer Price Index (CPI) For All Items in SOCCSKSARGEN in March 2021 was recorded at 133.6 index points. This indicates that the average retail price of commodities that were included in the market basket for all goods and services for the month under review was higher by 33.6% compared to its prices in its 2012 reference base year. The March 2020 CPI for All Items at 126.8 was higher by 6.8 index points compared to its March 2021 index
INFLATION
Headline inflation rate or annual rate of change in the prices of goods and services in the market basket rose to 5.4% in March 2021 from 4.9% in February 2021. Headline Inflation for All items exhibited an uptrend starting from 4.3% in January 2021.