Davao: The year-on-year headline inflation of the Davao Region inched up to -0.1 percent in August 2025 from -0.4 percent in July, the Philippine Statistics Authority-Davao (PSA-11) reported Monday. In the same period last year, the region’s inflation was significantly higher, at 4.9 percent.
According to Philippines News Agency, the slight increase in the region’s overall inflation was primarily driven by a slower rate of price decline in transport at -0.5 percent from -2.0 percent; food and non-alcoholic beverages at -2.1 percent from -2.4 percent; and housing, water, electricity, gas, and other fuels at -0.4 percent from -1.0 percent.
Additionally, faster annual price increases were noted in health (3.7 percent from 3.3 percent), restaurants and accommodation services (4.0 percent from 3.9 percent), and personal care, and miscellaneous goods and services (4.0 percent from 3.9 percent).
Conversely, slower annual increments were observed in clothing and footwear (2.3 percent from 2.4 percent), furnishings (3.1 percent from 3.2 percent), recreation (4.3 percent from 4.9 percent), and education services (8.1 percent from 10.4 percent).
The region’s food inflation saw a slower price decline at -2.5 percent in August, compared to -2.8 percent in July. This is a contrast from August 2024, when food inflation was at 6.9 percent. The main contributors to this increase in food inflation were a rise in the prices of vegetables, fish, oils, and sugar.