The headline inflation in Sarangani quickened to 5.6 percent in April 2024 from 4.6 percent in March 2024. This is higher than the regional and national levels at 5.0 percent and 3.8 percent, respectively. In April of the previous year, inflation was higher at 6.4 percent. Inflation for the first four months of the year averaged at 5.0 percent.
The acceleration in the province’s inflation rate in April 2024 was primarily due to the higher annual growths in the index of food and non-alcoholic beverages restaurants at 9.4 percent from 7.3 percent inflation in March 2024. This was followed by transport at 5.1 percent from 2.7 percent and, personal care, and miscellaneous goods and services at 4.2 percent from 3.6 percent in March 2024.