Release Date :
Reference Number :
22R12-PR-014
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 continues to move at a faster pace of 5.7% in June 2022 from 4.7% in May 2022. This is lower than the national inflation of 6.1% for the current month under review. Inflation for the first six months of the year averaged at 4.5%, higher than the national average of 4.4 percent.