Inflation decline, better

Low-wage households

TAGBILARAN CITY, Bohol (PIA)— If the current inflation rate trends continue, Boholanos at the bottom 30 percent income households would tend to have a better spending power this month, as the Philippine Statistics Authority (PSA) noted a slower decline in inflation rates from 3.4 percent in October to 2.6 percent in November, 2025.

This roughly means that prices of 13 basic commodities and services consumed by all Boholanos slightly eased, and even in the most minimal change, it affords daily wage earners more buys for the same pay this November.

And for them who contracted loans, a much lower inflation helps pet the loan interest to behave appropriately that banks are forced to keep its interests low.

With a 2.6 percent inflation rate, this puts Bohol’s low earners in a slightly much better economic position compared to the same income bracket in the national scene which posted a 2.4 percent and regional earning bracket at 3.9 percentage points, pointed out PSA Bohol Chief Supervising Statistician Jessamyne Anne Alcazaren.

In November last year, inflation for the low earning households was at 3.2 percent, she added, during the November inflation rate data dissemination at the PSA Galeria Luisa, December 12.

The trend in the over-all inflation for this earning household group is primarily influenced by a slower decreae, year-on-year, in the index of food and non-alcoholic beverages which posted at 5.4 percent as against the 6.8 percent in October.

And then, transport, despite a faster year-on-year increase of 0.9 percent in November from 0.5 percent in October, helped stir the inflation trend.

In short, according to the PSA, which sends out a regular team of monitors to check on price movements of the 13 listed commodities and services in major Bohol markets, food and non-alcoholic beverages, which own up a 114.7 percent share, largely influenced the inflation.

Food inflation for the bottom 30 percent income households at the provincial level accelerated to -5.7 percent from -7.3 percent in October, as to the PSA official.

The positive stir in food inflation for Bohol for the low income families was influenced by the slower decrease in the index of rice at 17.9 percent in November form 19.6 percent last month.

Add to that the prices of fish and other seafoods which posted a faster year-on-year increase of 9.6 percent in November from a 5.0 percent in October, and the -2.1 percent inflation rate for fruits and nuts from -8.0 percent in October, and you will have a price stir. (PIABohol)

HIGHER AND LOWER. Bohol’s inflation rate in November os 0.1 percent higher than the national inflation rate but is 1.7 percentage points lower than the inflation rate in Central Visayas, points out PSA Bohol Chief supervising statistician Jessamyne Anne Alcazaren. (PIABohol)