BAGUIO CITY — Inflation in the Cordillera Administrative Region eased to 6.8 percent in May 2026, down from 7.6 percent in April, according to the Philippine Statistics Authority (PSA). The decline was attributed to slower price increases in food and non-alcoholic beverages, as well as lower transport costs.
The PSA reported that the region's inflation rate in May was the lowest since January 2026, when it stood at 6.5 percent. Key contributors to the slowdown included a drop in the prices of vegetables, rice, and fish, alongside a moderation in fuel costs after the government implemented a price cap on diesel and gasoline in April.
However, inflation remained above the national average of 5.9 percent for the same month. The Cordillera region, known for its mountainous terrain and reliance on agricultural produce, has faced higher transport costs that often push up food prices.
Economists noted that while the easing is positive, continued monitoring of global oil prices and weather patterns affecting local harvests will be crucial for sustaining the downward trend.
