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GenSan posts lowest inflation in Soccsksargen

The headline inflation rate on the prices of goods and services in the market basket of Soccsksargen dropped to 4.4% in March, according to the Philippine Statistics Authority (PSA).

Data showed that last month’s inflation rate for all income households was lower compared to 5.0 percent in February.

General Santos City has recorded the lowest inflation of 2.9 percent compared to the other city and provinces in the region.

The province of South Cotabato, meanwhile, posted the highest inflation rate of 5.7 percent.

Among the commodity groups, Alcoholic Beverages and Tobacco (from 9.6% to 7.0%); Food and Non-Alcoholic Beverages (from 6.9% to 6.3%); Restaurant and Accommodation Services (from 7.4% to 5.7%); and Health (from 5.0% to 4.9%) exhibited lower price gains.

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