Inflation in the Philippines for the bottom 30 percent income households remained at 5.9 percent in August 2022.

The country’s inflation for the bottom 30% income households increased to 5.0 percent in June 2022, from 4.3 percent in May 2022. In June 2021, inflation rate was posted at 4.3 percent. Average inflation for this income group of consumers for January to June 2022 was registered at 3.7 percent. (Table A and Figure 1)

Inflation for the bottom 30% income households at the national level continued to move upward as it rose further to 3.8 percent in April 2022. This brings the national average inflation rate from January to April 2022 to 3.2 percent. In March 2022, inflation for this income group of consumers was observed at 3.3 percent, and in the same month of the previous year, 4.9 percent.