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    Home»Business»Inflation Rate in Eastern Visayas escalates further to 3.3% in June 2021
    Inflation rate
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    Inflation Rate in Eastern Visayas escalates further to 3.3% in June 2021

    Aiko AkihiroBy Aiko AkihiroJuly 28, 2021No Comments2 Mins Read
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    Inflation Rate (IR) in Eastern Visayas escalated further to 3.3% in June 2021. This IR is 0.2 percentage point higher compared with the 3.1% IR in May 2021. This June IR of the region is also 2.2 percentage points higher than the recorded 1.1% IR in the same period last year.

    In comparison with the national average IR, the regional IR is 0.8 percentage point lower than the 4.1% national IR in June 2021.

    Among the provinces, Samar posted the highest IR at 7.8% in June 2021. Eastern Samar’s IR came next at 6.5%, then Biliran at 4.4%. The lowest IR was noted in Leyte at 1.3%. Northern Samar, Eastern Samar, and Leyte registered higher IRs in June 2021 compared with their figures in May 2021.

    Northern Samar recorded the highest increase in IR at 1.5 percentage points, pushing its IR to 3.1% in June 2021 from 1.6% in May 2021. Eastern Samar’s IR rose to 6.5% in June 2021, recording 1.1 percentage points increase from its 5.4% IR in May 2021. Leyte grew by 0.4 percentage point registering 1.3% IR in June 2021. On the other hand, the provinces of Biliran, Samar, and Southern Leyte managed to lower their IRs in June by 1.1 percentage points, 0.5 percentage point, and 0.3 percentage point, respectively.

    Biliran’s IR declined to 4.4% percent in June 2021 from 5.5% in May 2021. IR for Samar eased down to 7.8% in June 2021 from 8.3% in May 2021. Southern Leyte’s IR, meanwhile, settled at 3% percent in June 2021, 0.3 percentage point lower compared with its 3.3% IR in May 2021.

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