Consumer prices in the province and city of Iloilo slowed down in the second month of 2025, according to the Philippine Statistics Authority (PSA-6).
The province of Iloilo saw an inflation — the rate of increase in the prices of goods and services — of 4.5 percent in February, lower compared to Janaury’s 5.4 percent.
In Iloilo City, inflation also decelerated to 3.7 percent in February from 5.1 percent in January.
But when compared to same month in 2024, inflation in the province and the city accelerated from 2.1 percent and from 0.4 percent, respectively.
The province’s inflation in February this year was the highest in the region and the city came in second.
Bacolod City occupied the third spot with 3.3 percent, followed by Capiz (2.7 percent), Aklan (1.4 percent), Guimaras (0.6 percent) and Antique (0 percent).
Overall, the region posted an inflation of 2.7 percent in February, lower compared to 3.6 percent in January.
Miguel Gallego I, PSA-6 Statistical Specialist II, attributed the decrease to slower price increases in Food and Non-alcoholic Beverages, which saw inflation drop from 3.4 percent to 2.4 percent.
Other contributing factors were Housing, Water, Electricity, Gas, and Other Fuels (from 3.6 percent to 2.9 percent) and Restaurants and Accommodation Services (from 6 percent to 3.9 percent).
“Of the 13 major commodity groups, seven groups recorded lower or slower inflation rates in February 2025,” Gallego noted.
Inflation is computed based on the Consumer Price Index (CPI), which measures the average price of the standard basket of goods and services consumed by a household: food products, electricity, gas, and clothing.IMT
