The headline inflation rate* of the country’s bottom 30% income households (HH) in January 2022 continued easing down to 3.2% from the prior month’s 3.3% (using 2012 prices) according to the Philippine Statistics Authority (PSA). It is also lower compared to the 4.9% rate of the same month in January 2021. This is the lowest rate since August 2021 when an uptick in the prices of food and non-alcoholic beverages was experienced because of another nationwide lockdown due to the upsurge in COVID-19 cases.
