FFE Magazine

Which regions in PH have the lowest price movement?

by FFE PH News Staff

 

1dab0334-096d-4514-ac38-1425d5f7f145_h_02762793

 

You might want to move to the Ilocos region (Region I) and the National Capital Region (NCR) if you are looking for a place to live in the Philippines with the lowest inflation rates, a report released by the National Statistical Coordination Board (NSCB) revealed.

 

NSCB said that NCR and the Ilocos region have had the lowest inflation rates between 2007-2012, 3.6 percent and 3.7 percent respectively, lower than the average inflation rate in the country at 4.5 percent.

 

Caraga and the Autonomous Region in Muslim Mindanao (ARMM) meanwhile have the highest rate of inflation for the same period at 6.1 percent, making them the top two regions with the fastest price increase.

 

20131129_fig1

Average Inflation Rate for All items for all Income Households,
by Region (2007-2012)
(2006=100) Source: NCSB

The phenomenon experienced by ARMM and Caraga also applied to the rest of Mindanao. On the figure above, it is noticeable that the regions in Mindanao experience higher inflation rates than regions in Luzon and Visayas.

 

SHARE YOUR IDEAS

COMMENTS

Leave a Reply

 

Important Advisory

Happy Regalo Information

Heavenly Matters1

Beauty and Fashion

21mar sidebar2

 

 materialism

 


100-yrs-beauty-4-12-14 - Copy

important advisory

 

 how they do it

BDO

bdo

 

Weather Forecast

Philippine Peso Converter
Philippine and European Times