Manila, Feb. 11 -- DAVAO CITY - The inflation rate for households belonging to the bottom 30-percent income in the Davao Region dropped to 0.8 percent in January, down from 1.1 percent in December 2024, the Philippine Statistics Authority-11 (PSA-11) reported Tuesday.
The January 2025 figure is significantly lower than the 3.9 percent inflation rate recorded in the same month last year.
PSA-11 attributed the decline to slower price increases in key commodity groups. Food and non-alcoholic beverages saw a deflation of -0.1 percent, down from 0.4 percent in December, while housing, water, electricity, gas and other fuels recorded a deflation of -0.3 percent, down from 0.7 percent.
However, some commodity groups experienced faster price m...
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