Capiz inflation rate for August 2025 drops to -0.3%

CAPIZ — The province of Capiz has recorded a notable decrease in its inflation rate for August 2025, according to the Provincial Statistics Office (PSO) of the Philippine Statistics Authority (PSA).

PSA–Capiz Chief Rosiebelle Beluso reported that the inflation rate fell to -0.3% in August, a sharp decline from 4.3% in August 2024. This reversal highlights a significant shift in the province’s economic performance.

Beluso explained that the decline was mainly driven by lower prices of food and non-alcoholic beverages, which accounted for 68.8% of the overall movement in inflation. Key food items such as pork and chicken saw price reductions, providing relief to household budgets.

Further contributing to the decrease were lower costs in housing rentals, water, electricity, and other fuels, which dropped from 0.5% to 0.1% compared to the same period last year. Meanwhile, no changes were observed in the prices of goods and services under information and communication, education, restaurants, and other services.

Despite isolated increases in some products, inflation in Capiz has shown a steady downward trend from August 2024 to August 2025.

The PSA also reported that the Purchasing Power of the Peso (PPP) in Capiz for August 2025 stood at P0.77, indicating that consumers now need more money to buy the same quantity of goods and services due to price adjustments in other commodities.

Authorities said the decline in inflation could provide some relief for Capiz residents as they manage daily expenses, while also signaling potential stabilization in the local economy. The PSA assured that it will continue monitoring the situation to evaluate its long-term implications./PN

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