June 2025 Siquijor rate of inflation slightly decreased to 1.3 percent.
Philippines
The Philippines’ headline inflation or overall inflation accelerated to 1.4 percent in June 2025 from 1.3 percent in the previous month. This brings the average inflation rate from January to June 2025 to 1.8 percent. In June 2024, the inflation rate was higher at 3.7 percent. (Table A)
The uptrend in overall inflation in June 2025 was primarily brought about by the faster annual increment in the index of housing, water, electricity, gas and other fuels at 3.2 percent in June 2025 from 2.3 percent in the previous month.
Negros Island Region (NIR)
Inflation in the Negros Island Region decreased to 0.5 percent in June 2025. The regional year to date inflation is recorded at 1.6 percent. In June 2024, the inflation rate was higher at 4.7 percent.
For the month of June 2025, all three (3) provinces in NIR recorded a decrease in inflation rate. Negros Occidental at 1.2 percent from 2.4 percent inflation rate, Negros Oriental at -1.0 percent from -0.2 percent inflation rate, and Siquijor with 1.3 percent from 1.6 percent inflation rate.
- Province of Siquijor
Headline Inflation
The headline inflation at the provincial level in June 2025 slightly decreased to 1.3 percent. The year-to-date inflation of the province for 2025 is at 1.6 percent. Compared to the inflation in June 2024, Siquijor’s inflation rate was still higher at 4.1 percent. (Table A & B and Figure 1)
1.1 Main Drivers to the Downward Trend of Inflation
The downward trend of the headline inflation for the month of May was primarily brought by the decrease in the index of food and non-alcoholic beverages at 1.5 percent from 2.9 percent. Second, is slower annual increase in the index of housing, water, electricity, gas and other fuels at 0.7 percent from 0.9 percent. Third, is the slower increment of the index of recreation, sport and culture at 1.0 percent from 1.1 percent. (Table C, 3 & 4)
On the other hand, five (5) commodity groups recorded an increase in inflation rate compared to its previous months rate which is the index of:
- Clothing and footwear at 1.0 percent from 0.9 percent;
- Furnishing, household equipment and routine household maintenance at 2.9 percent from 2.7 percent;
- Health at 1.8 percent from 0.8 percent;
- Transport at 0.5 percent from -1.8 percent;
- Personal Care, and Miscellaneous Goods and Services at 2.2 percent from 2.1 percent. (Table C, 3 and 4)
Moreover, five (5) commodity groups recorded a constant inflation rate which is the index of:
- Alcoholic Beverages and Tobacco at 1.5 percent;
- Information and Communication at 0.4 percent;
- Education Services at 0.5 percent;
- Restaurants and Accommodation Services at 1.2 percent;
- Financial Services at 0.0 percent. (Table C, 3 and 4)
1.2 Main Contributors to the Headline Inflation
The top three main contributors to the June 2025 overall inflation of 1.3 percent in the province were the following:
- Food and Non-alcoholic beverages with 51.5 percent share or 0.67 percentage point;
- Housing, water, electricity, gas and other fuels with 11.4 percent share or 0.15 percentage point; and
- Furnishing, household equipment and routine household maintenance with 9.0 percent share or 0.12 percentage point.
Food Inflation
Food inflation at the provincial level decreased to 1.4 percent compared to its previous month’s rate of 3.1 percent. In June 2024, food inflation was higher at 5.9 percent. (Table D, 6 & 7)
2.1 Main Drivers to the Downward Trend of the Food Inflation
The decrease of food inflation in June 2025 was primarily brought about by the decrease in the index of fish and other seafood at 13.2 percent from 17.5 percent. Second, is the index of vegetables, tubers, plantains, cooking bananas and pulses at 1.5 percent from 4.9 percent. Lastly, is the decrease in the index of cereals and cereal products at -11.2 percent from -10.6 percent.
Additionally, the index of three (3) food groups also recorded a decrease of its inflation rate, which are:
- Milk, other dairy products and eggs at 1.6 percent from 2.3 percent;
- Fruits and nuts at 5.6 percent from 9.1 percent;
- Ready-made food and other food products at -2.5 percent from 0.3 percent. (Table D & 5)
On the contrary, two (2) food groups recorded an increase inflation rate, namely:
- Meat and other parts of slaughtered land animals at 17.4 percent from 16.6 percent;
- Sugar, confectionery and desserts at -0.9 percent from -1.8 percent. (Table D & 5)
Moreover, the index of Oils and fats recorded a constant inflation rate at 0.0 percent. (Table D & 5)
2.2 Main Contributors to the Food Inflation
In June 2025, food shared at the provincial level of 47.2 percent or 0.61 percentage points to the overall inflation. The main food groups contributing to the June 2025 overall food inflation were the following:
- Fish and other seafood with 191.8 percent share or 2.69 percentage points;
- Meat and other parts of slaughtered land animals with 139.7 percent share or 1.96 percentage points; and
- Fruits and nuts with 19.8 percent share or 0.28 percentage point.
TECHNICAL NOTES
Consumer Price Index (CPI)
The CPI is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year.
Uses of CPI
- The CPI is most widely used in the calculation of the inflation rate and purchasing power of peso. It is a major statistical series used for economic analysis and as monitoring indicator of the government economic policy.
- Measures the composite change in the consumer prices in various commodities overtime.
Computation of CPI
The computation of CPI involves consideration of the following important points:
- Base Period – The reference date or base period is the benchmark or reference date or period at which the index is taken as equal to 100.
- Market Basket – A sample of the thousands of varieties of goods purchased for consumption and the services availed by the households in the country selected to represent the composite price behavior of all goods and services purchased by consumers.
- Weighting System - The weighting pattern uses the expenditures on various consumer items purchased by households as a proportion to total expenditure.
- Formula - The formula used in computing the CPI is the weighted arithmetic mean of price relatives, the Laspeyre’s formula with a fixed base year period (2018) weights.
- Geographic Coverage – CPI values are computed at the national, regional, and provincial levels, and or selected cities.
Inflation Rate
The inflation rate is the annual rate of change, or the year-on-year change of CPI expressed in percent. Inflation is interpreted in terms of declining purchasing power of money.
***Statistical tables in excel file are provided as an attachment of this release.
(SGD) JOSELITO C. MAGHANOY
(Supervising Statistical Specialist)/
Officer-in-Charge