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Zamboanga Peninsula Inflation Accelerated to 20.3% in July 2008

 

The inflation in Zamboanga Peninsula further accelerated to 20.3 percent in July from 16.3 percent in June as all the commodity groups continued to record higher inflation rates. All the commodity groups recorded higher inflation rates during the month. Price hikes in Food, Beverage and Tobacco items climbed to 26.0 percent in July from 20.8 percent in June; clothing, 8.3 percent from 8.0 percent; Housing and Repairs, 7.2 percent from 5.9 percent; Fuel, Light and Water, 18.6 percent from 15.0 percent; services, 18.0 percent from 13.2 percent; and miscellaneous items, 4.7 percent from 4.5 percent. Inflation rate a year ago (July 2007) was at 2.1 percent.

Among the regions, the biggest acceleration of 5.8 percentage points was noted in Eastern Visayas (20.0% from 14.2%) followed by Zamboanga Peninsula (20.3% from 16.3%) at 4.0 percentage points. (posted August 8, 2008)

 

Did you know that......

                                   

   ...Zamboanga Peninsula economy surges (posted July 29, 2008)

 

Anchored on the strong performance of the AFF sector, the Zamboanga Peninsula’s economy surged from 2.1 percent in 2006 to 7.4 percent in 2007

AFF, which accounted for 49.3 percent of the region’s total economy, rebounded from negative 1.3 percent in 2006 to 7.3 percent in 2007.  The remarkable improvement was brought about by the notable increase in the production of fishery and agricultural crops specifically palay, corn, rubber and abaca.  Forestry, on the other hand, decelerated from 114.2 percent in 2006 to 43.2 percent in 2007. more......

Rice Prices in Zamboanga City Continue to Plunge

 

Commercial rice prices in Zamboanga City have gone down to as much as P2 a kilo following the effective "selective bombardment" strategy of the government carried out by the National Food Authority to flood the state-subsidized stocks in order to further pull down retail prices and shun undue price spikes wherever and whenever necessary. more... Posted July 14, 2008

 

  Press Release:

  June Inflation Jumps 16.3% in Zamboanga Peninsula

 

The Zamboanga Peninsula's inflation surged in June 2008 to 16.3 percent from 13.5 percent inflation in May 2008. The commodity group of Food, Beverage, and Tobacco items recorded an inflation of 20.8 percent from 16.7 percent in May, the highest annual inflation rate during the month. Inflation a year ago was 2.8 percent. posted July 10, 2008.

 

Welcome to Sergio Osmenia

 

The Municipality of Sergio Osmeña Sr. is one of the 25 municipalities comprising the Province of Zamboanga del Norte. She was created by virtue of Republic Act No. 3697 dated September 14, 1963.

 

The municipality was carved out of the municipality of Piñan. The barangays that originally comprise the new municipality were Sibulan, Dampalan, Labag, princesa Lamaya and Marapong. Barangay Sibulan was the seat of the new municipal government. more.... 

 

Press Release: June 26, 2008

Zamboanga Peninsula's Employment Rate Placed at 96.6% in April 2008

 

In Zamboanga Peninsula, the number of employed persons in April 2008 was registered at 1.28 million. This placed the employment rate at 96.6 percent, a little bit lower compared to the last year's rate of 96.9 percent. more....

 

Inflation leaps to 13.5% in May 2008

Year-on-year headline inflation rate at Zamboanga Peninsula moved upward to 13.5 percent in May 2008 from 8.6 percent in April 2008.  This was due to the 16.7 percent rise in the food, beverages and tobacco (FBT) items from 10.3 percent and 11.7 percent rise in services items from 6.4 percent.  Inflation a year ago was 3.4 percent. posted June 06, 2008

Press Release (May 29, 2008)

Zamboanga Peninsula's Agricultural Production Output increased in 2007

In the January to December 2007 situation report of the Bureau of Agricultural Statistics - Regional Operation Center 9, it shows that most of Zamboanga Peninsula's agricultural (palay, corn, fisheries and other crops) production output increased as compared in 2006. click here

5th Mindanao Statistics Congress

As an offshoot to the 4th Mindanao Statistical Congress which held last June 2007 in General Santos City, the 5th Mindanao Statistical Congress shall be undertaken in Zamboanga City.

The forum shall attempt to gather statisticians and planners of Mindanao to share updates and new ideas that will promote the efficient use of statistics as a development tool. Moreover, the conduct of the Mindanao Statistical Congress will be a step towards promoting, enhancing and instilling wide awareness and appreciation of the importance and value that statistics provide to the different sectors of our society, while at the same time ensuring the support of the public at large in improving and enhancing the quality and standard of statistics in the country. Thus the crucial role of statistics in the area-wide development must be given due recognition and importance.

The Mindanao Congress shall be a 2-day affair which shall be undertaken in collaboration with various agencies which are members of the Regional Statistical Coordination Committee, the Philippine Statistical Association-Zamboanga City Chapter and the academe. (click here for more info.)

 


   

 StatMONITOR    

GRDP Growth           (2006-2007)

7.4%

PER Capita GRDP (2007,At Constant 1985 Prices)

10,679

Consumer Price Index
(July 2008) (2000=100)

166.8

Inflation Rate
(July 2008) (2000=100)

20.3%

Purchasing Power
of the Peso
(July 2008)

0.60

Labor Force Participation
(Apr 2008)

65%

Unemployment Rate
(Apr 2008)

3.4%

Underemployment Rate
(Apr 2008)

20.2%

 

STATISTICALLY SPEAKING
by Dr. Romulo A. Virola

SOME THINGS YOU BETTER KNOW ABOUT TYPHOONS IN THE PHILIPPINES!

 .: More articles...

 

FactSheets

Zamboanga Peninsula economy surges    more......

Contraceptive prevalence rate in Zamboanga Peninsula decreased in 2006 more...  

 
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Updated August 11, 2008
 

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