Bacolod City, Negros Occidental Record 2.4% Inflation Rates in May
Bacolod City: Annual rate of price increases in this highly urbanized city and in Negros Occidental province both accelerated to 2.4 percent in May, the Philippine Statistics Authority (PSA) reported Tuesday. According to Philippines News Agency, PSA data show that the inflation rate in Bacolod City in the previous month stood at 2.2 percent, while it was 2.1 percent for Negros Occidental. However, last month’s inflation rates were lower compared to the May 2024 data of 4.5 percent for Bacolod City and 4.2 percent for Negros Occidental. PSA-Negros Occidental statistical analyst Ligaya Gillesania noted in a press briefing that government