Tarlac’s Inflation Decreases to 2.4 Percent 

Inflation in the Province of Tarlac decreased to 2.4 percent in September 2024 from 5.3 percent in August 2024. With this month’s inflation, the province’s average inflation from January to September 2024 stood at 3.8 percent. In September 2023, inflation rate was posted at 4.9 percent. (Figure 1 and Table A)

The commodity groups that experienced an increase in inflation rate are the following: 

   a. Information and Communication at 0.9 percent, with a 0.2 increase from 0.7 percent in 
       the previous month; 
   b. Restaurants and accommodation services at 5.8 percent, with a 0.6 percent increase   
       from 5.2 percent in the previous month; 

On the other hand, the commodity group that decreased in their index are the following: 
    a. Food and non-alcoholic beverages at 0.3 percent, with a 4.1 percent decrease from 
        4.4 percent in the previous month; 
    b. Clothing and footwear at 0.7 percent, with a 0.3 percent decrease from 1.0 percent in 
        the previous month; 
    c. Housing, water, electricity, gas and other fuels at 9.0 percent, with a 6.6 percent 
       decrease from 15.6 percent in the previous month; 
    d. Furnishings, household equipment and routine household maintenance at 3.7 
        percent with a 0.4 percent decrease from 4.1 percent in the previous month; 
    e. Health at 0.0 percent, with a 0.2 percent decrease from 0.2 percent in the previous 
        month; 
    f. Transport at -1.2 percent, with a 2.4 percent decrease from 1.2 percent in the previous 
       month; 
    g. Recreation, sport and culture at 3.4 percent, with a 0.5 percent decrease from 3.9 
        percent in the previous month; 
    h. Education services at -1.1 percent with a 0.6 decrease from -0.5 percent in the previous 
        month; 
    i. Personal care, and miscellaneous goods and services at 2.0 percent, with 0.5 percent 
       decrease from 2.5 percent in the previous month.

Meanwhile, the following commodity group that retained their previous month’s inflation rates 
are: 
    a. Alcoholic beverages and tobacco at 3.7 percent and 
    b. Financial services at 0.0 percent

The items for food commodity groups that showed a decreased during the month were: (Table 
C) 

  a. Cereals and Cereal Products at 1.6 percent, with a 11.8 percent decrease from            
     13.4 percent in the previous month; 
  b. Meat and other parts of slaughtered land animals at 5.2 percent, with a 2.6 percent 
     decrease from 7.8 percent in the previous month; 
  c. Milk, other dairy products, and eggs at 3.0 percent, with a 0.1 percent decrease from  -3.1 percent in the previous month; 
  d. Vegetables, tubers, plantains, cooking bananas and pulses at -20.4 percent, with a   
     12.4 percent decrease from -8.0 percent in the previous month; 
  e. Sugar, confectionery and desserts a

On the other hand, the following food groups exhibited an increased in annual growth during 
the month: (Table C) 

   a. Fish and other seafood at -1.8 percent, with a 0.9 percent increase from -2.7 percent in 
       the previous month; 
   b. Oils and Fats at -2.1 percent, with a 3.9 percent increase from -6.0 percent in the 
       previous month; 
   c. Fruits and nuts at 15.8 percent, with a 6.3 percent increase from 9.5 percent in the 
       previous month; 
   d. Ready-made food and other food products N.E.C. at 4.6 percent, with a 0.5 percent 
       increase from 4.1 percent in the previous month. 

In Central Luzon, the province of Pampanga had the highest inflation rate for the month of 
September 2024 with 3.6 percent. This was followed by the province of Tarlac with 2.4 percent, 
province of Nueva Ecija with 1.5 percent, province of Bulacan with 0.9 percent, Zambales with 
0.7 percent, and province of Bataan with 0.4 percent. 

Meanwhile, the province of Aurora had the least inflation rate posted at 0.2 percent. (Figure 2)