Davao Region’s annual average headline inflation decreased to 0.7 percent in 2025 from 4.0 percent in 2024, the Philippine Statistics Authority in Davao Region (PSA-11) reported Friday.
PSA-11 said the overall downtrend was primarily attributed to the slower annual average increment in the index of food and non-alcoholic beverages, which registered -0.8 percent from 6.3 percent.
Slower annual average increments were also noted in alcoholic beverages and tobacco (4.3 percent from 6.2 percent); clothing and footwear (2.6 percent from 4.5 percent); furnishings, household equipment and routine household maintenance (3.2 percent from 4.4 percent); health (3.5 percent from 3.7 percent); transport (-0.9 percent from 0.9 percent); recreation, sport, and culture (4.5 percent from 5.1 percent); restaurants and accommodation services (2.9 percent from 5.9 percent); and personal care and miscellaneous goods and services (3.7 percent from 4.1 percent).
Faster annual average increments were observed in housing, water, electricity, gas and other fuels (1.2 percent from -0.5 percent); information and communication (0.9 percent from -0.1 percent); education services (8.5 percent from 6.1 percent); and financial services (0.0 percent from -0.1 percent).
PSA-11 also reported that the region’s annual average food inflation slowed to -1.1 percent in 2025 from 6.5 percent in 2024. The downtrend was driven by cereals and cereal products (-10.0 percent from 13.2 percent), fruits and nuts (0.0 percent from 16.4 percent), vegetables, tubers, plantains, cooking bananas, and pulses (1.8 percent from 3.6 percent), and ready-made food and other food products (3.7 percent from 7.6 percent).
On the other hand, faster annual average growth rates were observed in meat and other parts of slaughtered land animals (4.1 percent from 0.8 percent); fish and other seafood (5.1 percent from 3.3 percent); milk, other dairy products, and eggs (3.5 percent from 3.1 percent); oils and fats (15.6 percent from -0.6 percent); and sugar, confectionery, and desserts (0.7 percent from -4.3 percent).
“In 2025, the purchasing power of the peso in the region dropped to 0.77 from 0.78 in 2024. This means that PHP100 in 2018 is only worth PHP77.00 in 2025,” PSA-11 added. (PNA)
