November inflation in Cebu stays at 2.8% as food prices surge

Niña Mae C. Oliverio 12/19/2024

CEBU CITY, Philippines — The inflation rate in Cebu Province for November 2024 remained steady at October’s rate of 2.8 percent, according to chief statistical specialist Melchor Bautista of the Philippine Statistics Authority (PSA-Cebu). Bautista reported on…

C. Visayas inflation drops to 2.3% in November 2024

Niña Mae C. Oliverio 12/12/2024

CEBU CITY, Philippines — Central Visayas recorded a decrease in its inflation rate for November 2024, dropping to 2.3 percent from October’s 2.9 percent, according to the Philippine Statistics Authority (PSA-7). PSA-7 Chief Statistical Specialist Leopoldo P.…

October inflation in Cebu rises to 2.8% as typhoon effects, food costs take their toll

Niña Mae C. Oliverio 11/17/2024

CEBU CITY, Philippines — After observing a significant downtrend in the inflation rate in September 2024, Cebu Province’s inflation rate accelerated to 2.8 percent in October, as reported by the Philippine Statistics Authority Cebu (PSA-Cebu). PSA Cebu…

October inflation rises to 2.3% on higher food prices

Mariedel Irish U. Catilogo 11/06/2024

Philippine inflation rose to 2.3 percent in October, driven by higher food and nonalcoholic beverage prices and a slower decrease in rice prices, according to the Philippine Statistics Authority (PSA). Preliminary PSA data showed inflation, measured by…

Cebu Province inflation rate in Sept. 2024 drops to 0.7%

Niña Mae C. Oliverio 10/15/2024

CEBU CITY, Philippines — From 3.0 percent in August, the inflation rate in the province of Cebu for September this year has dropped to 0.7 percent, Philippine Statistics Authority (PSA) Cebu reported. Last month’s deceleration was mainly…

Central Visayas inflation rate drops to 2.1% in September 2024

Niña Mae C. Oliverio 10/10/2024

CEBU CITY, Philippines — The inflation rate in Central Visayas for September 2024 has slowed to 2.1 percent, down from 3.4 percent in August, according to PSA-7 on Thursday. In the inflation report presented by Engineer Felixberto…

Central Visayas inflation eases to 4.5% in July

Jasmin Meode - CTU Intern 08/11/2024

CEBU CITY, Philippines — Inflation in Central Visayas dropped to 4.5 percent in July 2024, down from 4.8 percent in June, according to the Philippine Statistics Authority in Central Visayas (PSA-7). PSA-7 regional director Ariel Florendo reported…

Cebu City urged to suspend local road delivery fees

Pia Piquero 08/09/2024

  CEBU CITY, Philippines— A local legislator is urging Acting Mayor Raymond Alvin Garcia to issue an executive order to suspend the collection of delivery fees for local road usage here. City Councilor Rey Gealon proposed the…

BSP: July inflation likely surpasses 4% target

Ian Nicolas P. Cigaral 08/01/2024

Inflation likely exceeded the government’s 2-4 percent target range in July due to higher energy and food prices. However, this increase is not expected to affect the anticipated rate cut in August. On Wednesday, the Bangko Sentral…

Mandaue City’s inflation remains the highest in Cebu at 7.4% in June

Shannah Rose Pardo 07/16/2024

CEBU CITY, Philippines — Mandaue City’s inflation rate further quickened to 7.4 percent in June 2024, still the highest in Cebu, according to the Philippine Statistics Authority in Central Visayas (PSA-7). In an inflation report released on…

Central Visayas shows 0.8 % rise of inflation rate in June 2024

Niña Mae C. Oliverio, Shannah Rose Pardo 07/12/2024

CEBU CITY, Philippines — From 4.0 percent, the inflation report for Central Visayas shows another 0.8 rise in June 2024. In a data dissemination forum on Friday, July 12 in Cebu City, Philippine Statistic Authority Central Visayas…

Capitol to resume sale of cheap rice at P29 per kilo

Pia Piquero 05/18/2024

CEBU CITY, Philippines – The Cebu Provincial Government is set to resume selling cheap rice to the “poorest of the poor” residents of the province. However, it will now be priced at P29 per kilo instead of…

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