Release Date :
Reference Number :
SR2025-0604-07
Year-on-Year Inflation
In February 2025, the headline inflation in Aklan grew at a slower rate of 1.4 percent compared to the 2.3 percent recorded in the previous month, and is lower by 2.1 percentage points from the 3.5 percent inflation observed in February 2024. On the average, prices of goods and services in Aklan went up at a slower rate than the national and regional inflation rate at 2.1 percent and 2.7 percent, respectively.
Table 1. Year-on-Year Inflation Rates, All Items
In percent
(2018=100)
Area | February 2024 | January 2025 | February 2025 |
Philippines | 3.4 | 2.9 | 2.1 |
Western Visayas | 2.7 | 3.6 | 2.7 |
Aklan | 3.5 | 2.3 | 1.4 |
Commodity groups exhibited either slower or steady inflation rates from January to February 2025, having the Food and Non-Alcoholic Beverages contributing the highest in the inflation trend turnaround this month. It registered an inflation of 1.3 percent from 2.7 percent inflation in the previous month. (See Figure 1)
Transport commodities, followed, that displayed a deceleration in inflation from 0.5 percent in the previous month to -1.1 percent in February 2025, while, Personal care, and miscellaneous goods and services decline from 1.6 percent a month ago to 0.5 percent reported this month. (See Figure 1)
Other major commodities that showed lower inflation rate from January to February 2025 were:
a. Restaurant and accommodation services, from 8.3 percent to 7.5 percent;
b. Housing, water, electricity, gas and other fuels, from 1.9 percent to 1.7 percent;
c. Clothing and footwear, from 0.9 percent to 0.8 percent; and
d. Furnishings, household equipment and routine household maintenance, from 2.0 percent to 1.9 percent. (See Figure 1)
Other commodity groups showed steady inflation level in February 2025. (See Figure 1)
Major Contributors to Inflation
The overall inflation of Aklan was mainly contributed by price hike of Food and non-alcoholic beverages which recorded 1.3 percent inflation with 37.9 percent share to overall inflation. This was followed by Restaurants and accommodation services at 7.5 percent inflation with 31.9 percent share to inflation, and Housing, water, electricity, gas and other fuels with 1.7 percent inflation and 23.1 percent share to inflation.
Other major commodity groups also contributed to the province’s inflation rate in February 2025 and shared less than 5 percent to the overall inflation:
a. Furnishings, Household Equipment and Routine Household Maintenance, with 1.9 percent inflation and 4.9 percent share;
b. Alcoholic beverages and tobacco, with 1.3 percent inflation and 2.5 percent share;
c. Recreation, sport and culture, with 2.3 percent inflation and 2.2 percent share;
d. Clothing and footwear, with 0.8 percent inflation and 2.1 percent share;
e. Personal care and Miscellaneous goods and services, 0.5 percent inflation with 1.6 percent share to inflation.
Purchasing Power of Peso
The purchasing power of peso (PPP) is inversely associated with inflation, which implies that as inflation increases, the purchasing power of peso decreases.
PPP in February 2025 was valued at 80 centavos, lower than 81 centavos recorded PPP in the same month last year.
This indicates that a 1000-peso worth of goods and services bought in 2018 will require a person an additional P249.00 in order to buy them in February 2025.
Food Inflation
It was observed that prices of Rice mainly brought the downtrend of Food and Non-alcoholic Beverages, showing -5.9 percent deflation in February 2025 from -3.4 percent in January 2025. (See Figure 1)
Among other food commodities, Vegetables, tubers, plantains, cooking bananas and pulses, followed next, from 3.8 percent to -2.9 percent inflation in February 2025 as well as, Fish and other seafoods which declined from 7.4 percent to 5.5 percent from January to February 2025 and Ready-made food and other food products n.e.c. that went down from 3.4 percent in January 2025 to 2.5 percent in February 2025 (See Figure 1)
On the contrary, price of other food products increased faster from January to February 2025:
a. Milk, other dairy products and eggs, from 0.8 percent to 1.2 percent;
b. Oils and Fats, from 1.4 percent to 1.7 percent;
c. Fruits and Nuts, from 1.7 percent to 2.1 percent; and
d. Sugar, confectionery and desserts, from -1.8 percent to 1.2 percent. (See Figure 2)
Meanwhile, food inflation in February 2025 was mainly caused by price movement of Meat, like pork and chicken, that recorded 7.9 percent inflation and contributed 154.1 percent to the total food inflation. Also, prices of Fish and other seafoods contributed highly to the food inflation, with 5.5 percent inflation which accounted to 120.9 percent share to food inflation. This was distantly followed by price movements of Ready-made food and other food products nec, posted 2.5 percent inflation and 13.4 percent share. (See Figure 2)
Moreover, 1.3 percent inflation in food commodities results in an additional P292.00 this February 2025 in order to buy the same basket of food commodities worth P1000.00 in 2018.
| Commodity Group | CPI | Inflation Rates | |||
| Feb-24 | Jan-25 | Feb-25 | Month-on-Month | Year-on-Year | |
| ALL ITEMS | 123.2 | 126.1 | 124.9 | -1 | 1.4 |
| I. FOOD AND NON-ALCOHOLIC BEVERAGES | 126.6 | 131 | 128.3 | -2.1 | 1.3 |
| * Food | 127.5 | 132.1 | 129.2 | -2.2 | 1.3 |
| Cereals and Cereal Products | 109 | 106.8 | 104 | -2.6 | -4.6 |
| Cereals | 105.9 | 103.1 | 99.6 | -3.4 | -5.9 |
| Rice | 105.7 | 103 | 99.5 | -3.4 | -5.9 |
| Corn | 124.7 | 124.1 | 123.8 | -0.2 | -0.7 |
| Flour, Bread and Other Bakery Products, Pasta Products, and Other Cereals | 122.5 | 122.9 | 122.9 | 0 | 0.3 |
| Meat and Other Parts of Slaughtered Land Animals | 151 | 163.4 | 163 | -0.2 | 7.9 |
| Fish and Other Seafood | 127.7 | 137.4 | 134.7 | -2 | 5.5 |
| Milk, Other Dairy Products, and Eggs | 130.2 | 131.4 | 131.8 | 0.3 | 1.2 |
| Oils and Fats | 135.7 | 138 | 138 | 0 | 1.7 |
| Fruits and Nuts | 139.8 | 145.6 | 142.7 | -2 | 2.1 |
| Vegetables, Tubers, Cooking Bananas and Pulses | 148.2 | 159.7 | 143.9 | -9.9 | -2.9 |
| Sugar, Confectionery and Desserts | 136.5 | 134.7 | 138.1 | 2.5 | 1.2 |
| Ready-Made Food and Other Food Products N.E.C. | 122 | 125.4 | 125.1 | -0.2 | 2.5 |
| * Non-alcoholic Beverages | 113.4 | 114.5 | 114.5 | 0 | 1 |
| II. ALCOHOLIC BEVERAGES AND TOBACCO | 175.4 | 177.6 | 177.6 | 0 | 1.3 |
| Alcoholic Beverages | 129.8 | 130.9 | 130.9 | 0 | 0.8 |
| Tobacco | 228.3 | 231.6 | 231.6 | 0 | 1.4 |
| Other Vegetable-Based Tobacco Products | |||||
| NON-FOOD | 118.1 | 120 | 119.8 | -0.2 | 1.4 |
| III. CLOTHING AND FOOTWEAR | 106.5 | 107.4 | 107.4 | 0 | 0.8 |
| Clothing | 107.1 | 107.8 | 107.8 | 0 | 0.7 |
| Footwear | 105.1 | 106.4 | 106.4 | 0 | 1.2 |
| IV. HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS | 121.2 | 123.4 | 123.2 | -0.2 | 1.7 |
| Actual Rentals for Housing | 126.6 | 126.6 | 126.6 | 0 | 0 |
| Maintenance, Repair and Security of the Dwelling | 109.5 | 116.3 | 116.3 | 0 | 6.2 |
| Water Supply and Miscellaneous Services Relating to the Dweling | 97.7 | 97.7 | 97.7 | 0 | 0 |
| Electricity, Gas and Other Fuels | 115.4 | 121.6 | 121 | -0.5 | 4.9 |
| V. FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE | 124.3 | 126.7 | 126.7 | 0 | 1.9 |
| Furniture and Furnishings, and Loose Carpets | 110.9 | 112.9 | 112.9 | 0 | 1.8 |
| Household Textiles | 104 | 104 | 104 | 0 | 0 |
| Household Appliances | 107.3 | 107.4 | 107.4 | 0 | 0.1 |
| Glassware, Tableware and Household Utensils | 107.4 | 107.4 | 107.4 | 0 | 0 |
| Tools and Equipment for House and Garden | 110.9 | 112 | 112 | 0 | 1 |
| Goods and Services for Routine Household Maintenance | 131.7 | 134.9 | 134.9 | 0 | 2.4 |
| VI. HEALTH | 116.8 | 117.1 | 117.1 | 0 | 0.3 |
| Medicines and Health Products | 118.4 | 118.9 | 118.9 | 0 | 0.4 |
| Outpatient Care Services | 122.5 | 122.5 | 122.5 | 0 | 0 |
| Inpatient Care Services | 110.3 | 110.3 | 110.3 | 0 | 0 |
| Other Health Services | 120.6 | 121.7 | 121.7 | 0 | 0.9 |
| VII. TRANSPORT | 124.5 | 123.8 | 123.1 | -0.6 | -1.1 |
| Purchase of Vehicles | 102.8 | 103 | 103 | 0 | 0.2 |
| Operation of Personal Transport Equipment | 121.8 | 116.3 | 116.7 | 0.3 | -4.2 |
| Passenger Transport Services | 143.8 | 145.8 | 143.7 | -1.4 | -0.1 |
| Transport Services of Goods | 107.8 | 107.8 | 107.8 | 0 | 0 |
| VIII. INFORMATION AND COMMUNICATION | 103.1 | 103.1 | 103.1 | 0 | 0 |
| Information and Communication Equipment | 104.6 | 104.6 | 104.6 | 0 | 0 |
| Information and Communication Services | 102.2 | 102.2 | 102.2 | 0 | 0 |
| IX. RECREATION, SPORT AND CULTURE | 112.5 | 115.1 | 115.1 | 0 | 2.3 |
| Recreational Durables | 100 | 100 | 100 | 0 | 0 |
| Other Recreational Goods | 106.8 | 106.8 | 106.8 | 0 | 0 |
| Garden Products and Pets | 117.1 | 115.9 | 116 | 0.1 | -0.9 |
| Recreational Services | 92.3 | 92.3 | 92.3 | 0 | 0 |
| Cultural Goods | 100.3 | 100.3 | 100.3 | 0 | 0 |
| Cultural Services | 103 | 111 | 111 | 0 | 7.8 |
| Newspapers, Books and Stationery | 132.5 | 134.1 | 134.1 | 0 | 1.2 |
| Package Holidays | |||||
| X. EDUCATION SERVICES | 114.2 | 114.2 | 114.2 | 0 | 0 |
| Early Childhood and Primary Education | 136 | 136 | 136 | 0 | 0 |
| Secondary Education | 106.1 | 106.1 | 106.1 | 0 | 0 |
| Tertiary Education | 107.8 | 107.8 | 107.8 | 0 | 0 |
| Education Not Defined by Level | |||||
| XI. RESTAURANTS AND ACCOMMODATION SERVICES | 117.1 | 125.9 | 125.9 | 0 | 7.5 |
| Food and Beverage Serving Services | 118.8 | 128.4 | 128.4 | 0 | 8.1 |
| Accommodation Services | 100 | 100 | 100 | 0 | 0 |
| XII. FINANCIAL SERVICES | 145.3 | 145.3 | 145.3 | 0 | 0 |
| Financial Services | 145.3 | 145.3 | 145.3 | 0 | 0 |
| XIII. PERSONAL CARE, AND MISCELLANEOUS GOODS AND SERVICES | 110.3 | 110.9 | 110.9 | 0 | 0.5 |
| Personal Care | 111 | 112.2 | 112.2 | 0 | 1.1 |
| Other Personal Effects | 107.6 | 105.6 | 105.6 | 0 | -1.9 |
| Other Services | 100.4 | 100.4 | 100.4 | 0 | 0 |
Source: Philippine Statistics Authority, Retail Price Survey on the Generation of Consumer Price Index
EXPLANATORY TEXT
Consumer Price Index (CPI) - is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly purchased by the households relative to a base year. It shows how much on the average, prices of goods and services have increased or decreased from a particular reference period.
The CPI Report was derived from the results of the 2018-based CPI survey comprised of thirteen (13) major commodity groups. These are the following: Food and Non-alcoholic Beverages; Alcoholic Beverages and Tobacco; Clothing and Footwear; Housing, Water, Electricity, Gas and Other Fuels; Furnishings, Household Equipment and Routine Maintenance of the House; Health; Transport; Information and Communication Services; Recreation, Sport and Culture; Education; Restaurants and Accommodation Services; Financial Services; and Personal Care and Miscellaneous Goods and Services.
Inflation rate is defined as the annual rate of change or the year-on-year change in the CPI.
Purchasing power of peso is a measure of the real value of the peso in a given period relative to a chosen reference period.
Market basket is a term used to refer to a sample of goods and services that are commonly purchased and bought by an average Filipino household.
Base period or Base Year is the period, usually a year, at which the index number is set to 100. It is the reference point of the index number series. In this report, 2018 is used as the base period.
ENGR. ANTONET B. CATUBUAN
Chief Statistical Specialist
