Davao: Davao Region's year-on-year headline inflation rate rose by 3 percentage points, from 5.9 percent in March to 8.9 percent in April, the Philippine Statistics Authority in Davao Region (PSA-11) reported on Thursday.
According to Philippines News Agency, inflation in the region was 0.5 percent lower during the same period last year. The PSA-11 attributed the April 2026 inflation uptrend mainly to a faster annual increase in the food and non-alcoholic beverages index, at 5.7 percent from 3.3 percent.
'In addition, faster annual increases were observed in the indices of transport, at 20.7 percent from 11.9 percent, and restaurants and accommodation services, at 2.7 percent from 2.4 percent,' the agency said.
On the other hand, PSA-11 noted lower inflation rates in the commodity groups of furnishings, household equipment and routine household maintenance (3.2 percent from 3.4 percent), information and communication (0.4 percent from 0.7 percent) and restaurants and accommodation services (2.4 percent from 2.5 percent).
Meanwhile, the following commodity groups retained their previous month's inflation rates: clothing and footwear (2.9 percent); housing, water, electricity, gas and other fuels (7.0 percent); information and communication (0.4 percent); education services (8.1 percent); and financial services (0.0 percent).
PSA-11 also reported the top three commodity groups contributing to the April 2026 inflation: food and non-alcoholic beverages (51.9 percent share or 4.6 percentage points); transport (21.6 percent share or 1.9 percentage points); and housing, water, electricity, gas and other fuels (15.0 percent share or 1.3 percentage points).
The agency also noted that the region's food inflation recorded a faster annual increment at 11.3 percent from 5.9 percent in March 2026.
'In April 2025, food inflation was lower at -1.5 percent,' PSA-11 said, adding that the main driver of the uptrend in the region's food inflation was the faster annual increase in the rice index, which rose to 28.0 percent from 11.2 percent.