Wednesday, July 15

June inflation eases in NegOcc, slightly up in Bacolod

PNA file photo

The June 2026 inflation rate for all income households in Negros Occidental decelerated to 3.5 percent, while Bacolod City’s went slightly higher to 7.1 percent, data released by the Philippine Statistics Authority (PSA) on Wednesday< July 15, showed.

In Negros Occidental, last month’s headline inflation followed the 4.2 percent in May.

“The downtrend in the overall inflation in June 2026 was primarily brought about by the lower year-on-year growth rate in the indices of food and non-alcoholic beverages at 1.7 percent in June 2026 from 1.8 percent in previous month,” the PSA-Negros Occidental reported.

Among the bottom 30 percent income households, inflation rate also decreased to 3.0 percent in June 2026 from 3.4 percent in May 2026 due to the lower growth rate in the indices of food and non-alcoholic beverages at 1.4 percent in June 2026 from 1.7 percent last month.

In Bacolod City, headline inflation accelerated to 7.1 percent in June 2026 from 7.0 percent in May 2026.

“The uptrend was mainly due to the higher year-on-year growth rate in the indices of food and non-alcoholic beverages at 6.0 percent in June 2026 from 5.9 percent in May 2026,” the PSA data showed.

Inflation rate for the bottom 30 percent income households in this highly urbanized city increased to 7.8 percent in June 2026 from 7.2 percent in May 2026, mainly because of a higher rate in the indices of food and non-alcoholic beverages at 7.6 percent in June 2026 from 7.3 percent in the previous month.

PSA-Negros Occidental supervising statistical specialist Diesah Biaoco told the Philippine News Agency on Wednesday that the main drivers for lower inflation in the province are prices of restaurants, electricity and transport.

“Random interviews with sellers or retailers indicate consumers’ priorities were enrollment and school needs. Electricity rate also went down, and the drop in gasoline prices was also visible,” she said.

Meanwhile, Biaoco noted that a main driver for higher inflation in this highly urbanized city is housing rental, which can be attributed to renewed demand for boarding house leases.

Prices in restaurants such as fast-food chains, which are easily accessible, also contributed to the uptick.*PNA

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