Release Date :
Reference Number :
22R12-PR-0015
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 for all income household in SOCCSKSARGEN Region continues to move at a faster pace of 6.6% in July 2022 from 5.7% in June 2022. This is higher by 0.2 percentage points from the national inflation of 6.4% for the current month under review. Inflation for the first six months of the year averaged at 4.8%, higher than the national average of 4.7 percent.