November Inflation Rate rises to 9.0% in Samar Province
A 1.2-percentage point gap was shown in Samar’s inflation rate as it rose from 7.8 percent in October to 9.0 percent in November, reaching the highest since the beginning of the year. (Figure 1) Between November 2021 and 2022, a 3.4-percentage point gap was recorded. A provincial year-to-date of 6.2 percent was derived from the average of inflation rates from January to November 2022. (Table 1)
November’s inflation rate was heavily affected by the increase in Food and NonAlcoholic Beverages from 8.2 percent in October to 10.8 percent in November; Furnishings, Household Equipment and Routine Household Maintenance from 3.6 percent in October to 5.4 percent; and Personal Care, and Miscellanoues Goods and Services’ 3.3 percent in October to 3.8 in November.
Three commodity groups also contributed to the inflation rate with their increases, namely: Health (1.8%); Recreation, Sport and Culture (1.2%); and, Clothing and Footwear (0.6%). In contrast, three commodity groups showed decreases including, Housing, Water, Electricity, Gas and Other Fuels (14.2%); Alcoholic Beverages and Tobacco (12.4%); and Transport (4.0%). (Appendix Table 2)
SGD. RIZA N. MORALETA
Chief Statistical Specialist