Release Date :
Reference Number :
R12-SR2020-027
SOCCSKSARGEN Region’s annual inflation rate for All Items for the Bottom 30% Income Households in February 2020 went up by 2.7% from 2.3% the previous month. Alcoholic Beverages and Tobacco (25.0%) recorded the highest inflation during the month under review. Other commodity groups that posted higher inflation rates compared to January 2020 include Housing, Water, Electricity, Gas and Other Fuels (7.8% to 8.6%); Furnishing, Household Equipment and Routine Maintenance of the House (2.1% to 2.2%); Clothing and Footwear (3.1% to 3.7%), and Recreation and Culture (1.7% to 1.8%). A continued deflation was noted in Food and Non-Alcoholic Beverages (-1.8% to -1.3%).