29/08/2026
๐PSA-LANAO DEL SUR REPORTS 9.7% INFLATION RATE IN JULY 2026
August 28, 2026 | Philippine Statistics Authority โ Lanao del Sur Provincial Office, Marawi City, Lanao del Sur
The Philippine Statistics Authority (PSA) โ Lanao del Sur Provincial Statistical Office presented the provinceโs July 2026 inflation rate, recording a 9.7 percent year-on-year inflation rate for all income households, during its monthly press conference held on August 28, 2026, at the PSA-Lanao del Sur Office in Marawi City.
The latest figure reflects the continued increase in the prices of goods and services in the province, with the Consumer Price Index (CPI) recorded at 135.1 as of July 2026. The Purchasing Power of the Peso (PPP) stood at โฑ0.74, indicating that the purchasing power of โฑ1.00 in 2018 is equivalent to about โฑ0.74 in July 2026.
Among the commodity groups, Restaurant and Accommodation Services posted the highest inflation rate at 16.1 percent, followed by Transport at 15.7 percent and Health at 14.5 percent. Housing, Water, Electricity, Gas and Other Fuels recorded 12.4 percent, while Clothing and Footwear registered 10.7 percent. Food and Non-Alcoholic Beverages posted an inflation rate of 8.2 percent.
For the bottom 30 percent income households, inflation was higher at 10.1 percent in July 2026. The commodity groups with notable inflation rates included Restaurant and Accommodation Services at 16.1 percent, Housing, Water, Electricity, Gas and Other Fuels at 13.5 percent, Transport at 13.9 percent, and Clothing and Footwear at 10.7 percent. Food and Non-Alcoholic Beverages recorded 9.2 percent inflation for this income group.
The press conference provided an opportunity for the PSA-Lanao del Sur Provincial Statistical Office to explain the latest inflation figures, key price movements, and their implications for households and the local economy, providing stakeholders and the media with updated data to support informed discussions on the provinceโs economic conditions.