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Inflation eases in Bacolod, slightly up in NegOcc: PSA
Customers buying food items at a supermarket in Bacolod City *PNA photoThe December 2024 inflation rate for all income households in Bacolod City eased further to 2.4 percent while Negros Occidental’s went slightly higher to 3.7 percent, data released by the Philippine Statistics Authority (PSA) on Tuesday, Jan. 14, showed.In Bacolod, the inflation rate in November settled at 2.7 percent, from 3.2 percent in October, while Negros Occidental recorded 3 percent in November, after the 3.5 percent in October.In a press briefing, John Campomanes, chief statistical specialist of PSA-Negros Occidental, said the top major contributor to last month’s inflation is the food and non-alcoholic beverages commodity group at only 1.2 percent, with a share of 87.7 percent to overall inflation....