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Release Date :
Reference Number :
240900 - 0809

Table A. Year-on-Year Inflation Rates, 
for the Bottom 30% Income Household, All Items
In Percent
(2018=100)

 

 

1.    Zamboanga City
    
The inflation rate for the bottom 30% in the City of Zamboanga decelerated to 5.6 percent from 5.8 percent in April 2024. This was comparatively higher than the inflation rate in May 2023, which posted at 5.0 percent. Furthermore, the city’s average inflation from January to May 2024 stood at 4.9 percent. (Table A and Figure 1)

The decrease in inflation in May 2024 for the bottom 30% income households in Zamboanga City was mainly driven by low inflation rate in the category of Food and Non-alcoholic Beverages which decelerated at 6.0 percent from 7.0 percent in the previous month.

Additionally, higher increments were recorded in the following commodity groups:
1)    Clothing and Footwear, climbed at 1.6 percent from 1.4 percent;
2)    Housing, Water, Electricity, Gas and Other Fuels, 7.6 percent from 5.8 percent;
3)    Furnishings, Household Equipment and Routine Household Maintenance, 4.8 percent from 4.6 percent;
4)    Health, 1.7 percent from 1.6 percent;
5)    Transport, 4.5 percent from 3.3 percent; and,
6)    Recreation, Sport and Culture, 2.1 percent from 2.0 percent.


               
Moreover, the monthly inflation in Zamboanga City remained stable in the categories of the following commodity groups:

1)    Education Services, 18.5 percent;
2)    Alcoholic beverages and Tobacco, 4.5 percent;
3)    Restaurants and Accommodation Services, 3.0 percent;
4)    Personal Care, and Miscellaneous Goods and Services, 2.7 percent;
5)    Information and Communication, 0.1 percent; and,
6)     Financial Services, 0.0 percent.

 

Table B. Year-on-year Inflation Rates for the Bottom 30% Income Households 
in Zamboanga City, All items in Percent
January 2020- May 2024
(2018=100)

 

Inflation Rate by Commodity Group for the Bottom 30% Income Households in
ZAMBOANGA CITY 2018=100

 

The monthly Food inflation for the bottom 30% Income Households in Zamboanga City decelerated to 6.4 percent in May 2024 from 7.5 percent in April 2024. This was comparatively lower than the recorded Food inflation in May 2023, which stood at 6.5 percent.

Furthermore, Food inflation was primarily driven by a deceleration in Cereals and Cereal Products, which stood at 16.0 percent in May 2024 from 19.4 percent in the previous month.

Moreover, slower inflation was also observed in the indices of the following food groups:

1)    Cereals (ND), decreased to 20.0 percent from 24.5 percent; 
2)    Rice, 20.3 percent from 24.9 percent;
3)    Fish and Other Seafood (ND), (1.6) percent from 0.8 percent;
4)    Milk, Other Dairy Products and Eggs, 1.2 percent from 9.3 percent; and,
5)    Sugar, Confectionery and Desserts, (5.9) percent from (4.3) percent.

In contrast, the following food groups recorded to have increased faster during the month:

1)    Ready-made Food and Other Products at 12.5 percent from 7.8 percent;
2)    Fruits and Nuts, 11.7 percent from 9.7 percent;
3)    Corn, 6.8 percent from 6.1 percent;
4)    Flour, Bread and Other Bakery Products, Pasta Products, and Cereals, 3.7 percent from 3.5 percent;
5)    Vegetables, Tubers, Plantains, Cooking Bananas and Pulses (ND), 3.4 percent from (4.5); and,
6)    Meat and other parts of slaughtered land animals at (1.0) percent from (1.1) percent.

Lastly, the food commodity of Oils and fats remained at a stable inflation rate of (0.1) percent.

Note: CPIs and inflation rates for the bottom 30% income households by region and by province and selected city are posted at the PSA website (http://openstat.psa.gov.ph/).

 

 

MEWCHUN WS. PAMARAN
Regional Director


MFET/kxbl



 

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