Friday, March 21, 2025

Tag: PSA

Northern Mindanao posts 2.9% inflation in January 2025

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CAGAYAN DE ORO CITY (February 18, 2025) — Northern Mindanao’s inflation rate for January 2025 increased to 2.9 percent, rising by 0.3 percentage points from the previous month’s rate of 2.6 percent, according to the Philippine Statistics Authority (PSA)-10

PSA-10 Regional Director Janith Aves explained that rising prices in food, non-alcoholic beverages, transport, restaurants, and accommodation services primarily caused the region’s inflation increase.


Food and non-alcoholic beverages experienced an inflation rate of 2.4 percent in January 2025, increasing from 1.8 percent in December 2024. This change resulted mainly from higher costs of fish and seafood, vegetables, and meat.


Transport inflation rose to 5.4 percent from 5.0 percent in December 2024.


“The rise mainly resulted from gasoline and diesel prices, which shifted to -0.3 percent from -2.0 percent and -2.5 percent from -6.4 percent, respectively,” she said.


In restaurants and accommodation services, inflation reached 3.8 percent, increasing from 3.3 percent in the previous month. The rise occurred primarily due to higher prices in restaurants, cafes, and similar establishments, which showed an inflation rate of 3.8 percent, up from 3.2 percent. Hotels, motels, inns, and other accommodation services recorded an inflation rate of 5.1 percent, rising from 5.0 percent in December.


The region’s inflation rate in January 2025 matched the national inflation rate, which stood at 2.9 percent. However, the inflation rate differed across various areas in Northern Mindanao. Misamis Oriental recorded the highest inflation rate at 5.3 percent, while Lanao del Norte had the lowest at 0.6 percent.


Aves stated that these inflationary trends play a crucial role in understanding regional economic conditions and will continue to be closely monitored to support informed decisions and policies.

(APB/PIA-10)

Northern Mindanao Inflation Drops to 2.6% in December 2024

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CAGAYAN DE ORO CITY – The Philippine Statistics Authority (PSA)-10 reported that the headline inflation rate in Northern Mindanao for December 2024 was 2.6 percent, down from 4.8 percent in December 2023 and 2.7 percent in November 2024

PSA-10 Regional Director Janith Aves attributed the slowdown mainly to lower inflation in food and non-alcoholic beverages, which dropped to 1.8 percent in December from 2.9 percent in November.

Key food categories, including cereals, meat, and dairy, showed slower price increases in December. Cereal inflation fell from 6.0 percent in November to 2.2 percent, while meat inflation dropped from 2.1 percent to 1.3 percent.

Alcoholic beverages and tobacco also contributed to the decline, with inflation dropping to 7.7 percent in December from 8.2 percent in November. Meanwhile, cigarettes and spirits experienced slower price increases.

Health-related services also recorded a minor inflation reduction, from 5.7 percent in November to 5.6 percent in December, due to slower price hikes in inpatient services, medicines, and diagnostic products.

“The key contributors to the overall inflation in Health were inpatient curative and rehabilitative services, with an inflation rate of 12.5 percent in December 2024, slower than the 12.9 percent in November 2024. Medicines, vaccines, and other pharmaceutical preparations recorded an inflation rate of 3.2 percent, a decrease from 3.3 percent in November 2024. Medical diagnostic products had an inflation rate of 5.3 percent in December 2024, compared to 6.1 percent in the previous month,” Aves explained.

The Department of Health (DOH)-10 noted possible reasons for the rising costs of medicines, vaccines, and other pharmaceutical preparations.

Jovita Sarip, Statistician II of DOH-10, pointed out that transport costs for medicines and vaccines are potential factors. She mentioned that maintaining the cold chain, essential for preserving vaccine efficacy, likely contributes to higher costs. (Apipa P. Bagumbaran/PIA-10)

DOT-10 showcases Mindanao’s 1st travel hub in Bukidnon to boost tourism, MSMEs

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MALAYBALAY CITY (July 15, 2024/PIA) — The Department of Tourism (DOT)-10 reported that the opening of the tourist rest area (TRA) in the scenic town of Manolo Fortich in Bukidnon marks the first TRA in Mindanao to enhance the travel experience for local and international visitors

Marie Elaine Unchuan, DOT regional director for northern Mindanao, said during the Kapihan sa Bagong Pilipinas media forum on July 2 that the TRA sets a new benchmark for travelers’ comfort and convenience following President Ferdinand Marcos Jr.’s directives to enhance the country’s tourism sector by improving facilities and resources that can significantly boost the economy.

“The tourist rest area opened in August last year and promises to redefine the journey for domestic and foreign tourists. Its clean, well-ventilated restrooms and inviting seating areas create a relaxing oasis for weary travelers,” she said.

With maps, guides, and expert tips, its information center is essential for tourists exploring northern Mindanao’s attractions.

Showcasing culture and local products

Unchuan said the TRA doubles as a vibrant shop, offering a selected range of local delicacies and handcrafted souvenirs.

“Visitors can indulge in Bukidnon’s famous coffee, savor delectable pastries, or purchase unique keepsakes crafted by local artisans. It delights travelers and supports micro, small, and medium enterprises (MSMEs) along with other local businesses,” she added.

Beyond its Pasalubong center, the TRA showcases local artwork, such as paintings and intricate leaf carvings, enhancing atmospheric energy and displaying the region’s artistic talent.

Inclusive amenities for all needs

Multiculturalism and inclusivity are TRA’s design principles. It caters to diverse travelers’ needs. The lounge and charging stations provide a comfortable space for tourists to relax and recharge their devices.

The coffee shop offers a selection of beverages and snacks, perfect for a quick refreshment break.

The TRA offers family-friendly amenities such as clean restrooms with showers and a lactation room to cater to the needs of even the youngest travelers.

Strategic location for maximum convenience

Travelers exploring Bukidnon and nearby provinces will find TRA an ideal pit stop due to its strategic location at the crossroads of major travel routes. Its proximity to Misamis Oriental, Davao del Norte, Davao del Sur, North Cotabato, and Lanao del Sur enhances accessibility for visitors discovering the region’s natural and cultural wonders.

Emalyn Cagolcol, a traveler from Valencia City, described the tourist rest area in Manolo Fortich as truly one of a kind.

“It was more than a mere rest stop. The facilities are not only clean and well-kept. It is also scenically situated amidst the serene landscapes of Bukidnon. It provided a much-needed break during our trip, allowing us to recharge and refresh ourselves before continuing our adventure,” she shared.

Manolo Fortich TRA is the second DOT-managed rest area in the country, following the successful model established in Medellin, Cebu.

“This TRA exemplifies DOT’s commitment to providing world-class facilities nationwide, ensuring travelers have access to modern and well-maintained facilities,” the DOT-10 regional director said. (Ruby Leonora R. Balistoy/PIA-10/Bukidnon)

Bukidnon claims top spot as Philippines’ leading agricultural area

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Bukidnon is the top agricultural area in the country, data from the Philippine Statistics Authority (PSA) showed

Based on the survey of 82 provinces and 17 highly urbanized cities, it reported that Bukidnon had the highest gross value added (GVA) to agriculture, forestry, and fishing (AFF) in 2022 which stood at P125 billion.

 

The province contributed seven percent to the sector’s overall national GVA.

 

GVA is defined as the total of all revenues, from final sales and net subsidies, which are incomes into businesses; these incomes are then used to cover expenses, savings, and taxes.

 

It is also used to adjust gross domestic product, which is a key indicator of the state of a nation’s total economy.

 

Nueva Ecija comes after Bukidnon, with a GVA of P79.74 billion or 4.5 percentage share, followed by Pangasinan with P66.93 billion, Pampanga with P62.71 billion, and Isabela with P58.78 billion.

 

Completing the top 10 provinces outside the National Capital Region (NCR) that had the highest shares of GVA of AFF were Negros Occidental, Iloilo, Davao del Norte, Batangas, and Quezon.

 

On the other hand, the country reached over P1.78 trillion in GVA of AFF.

 

In terms of per capita GDP among provinces and cities outside NCR in 2022, Baguio City shared the highest per capita GDP of over P420 billion.

 

The per capita GDP is a measurement of wealth or poverty through the economic output to a per-person allocation.

 

Also sharing the highest per capita GDP were the cities of Cagayan de Oro (P343 billion), Lapu-Lapu (P313 billion), Iloilo (P306 billion), and Bataan (P297 billion).

 

Rounding out the top 10 wealthiest areas outside NCR were Cebu City, Laguna, Mandaue City, Davao City, and Batanes.

 

The Marcos administration is targeting to achieve an economic growth of 6.5 to 7.5 percent target band this year and 6.5 to 8.0 percent in the next four years.

 

The country’s GDP is already above pre-pandemic levels in peso terms, according to Rizal Commercial Banking Corporation Chief Economist Michael L. Ricafort, however, it could be slowed by higher prices and interest rates. (Xander Dave Ceballos/April 2, 2024)

CDO, Bukidnon inflation rise, but regional rate remains low: PSA

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CAGAYAN DE ORO CITY (24 January 2024) – The inflation rate in Bukidnon province and this city increased in December 2023, but the overall regional rate in Northern Mindanao remained low

Dr. Janith Aves, Philippine Statistic Authority-Northern Mindanao (PSA-10) officer-in-charge, said Bukidnon had an inflation of 12 percent last month, compared to the 9.2 percent in December 2022.

In the same rating period, Aves said this city registered a 12.6 percent inflation, but is lower compared to the previous year’s 13.3 percent.

“When we say there is a lower inflation rate, it does not mean the prices of commodities instantly became lower, but it means the increasing of prices has slowed,” Aves said in a report Wednesday.

Of the five provinces and two chartered cities in the region, this city had the highest inflation rate, while Misamis Occidental had the lowest with 2.8 percent from last month’s rating.

For the Northern Mindanao region, the regional inflation rate in Dec. 2023 was 4.8 percent, compared to the Dec. 2022 rate of 7.8 percent. (By Nef Luczon/PNA)

NorMin ‘service-oriented’ contributor in PH economy: NEDA

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CAGAYAN DE ORO CITY (December 14, 2023, 3:33 pm) – Northern Mindanao region is hailed as a “service-oriented” economy, with its services sector posting a 54.5 percent contribution to its 2022 gross regional domestic product (GRDP), the regional National Economic Development Authority (NEDA-10) office reported Thursday

In a statement, NEDA-10 director Mylah Faye Aurora Cariño said the services sector contributed PHP509.9 billion in gross value added in the region and a growth rate of 10.1 percent from the previous 2021-2022 rate.
“That includes tourism, accommodation services, and other service-related subsectors,” Cariño said.
Northern Mindanao’s GRDP increased by 7.2 percent or PHP935 billion, compared to the 6.3 percent growth in the previous year, which was impacted by the coronavirus disease 2019 pandemic.
“That is why we are hoping that there will be no more pandemic because it will affect the mobility of our industry, especially in the services sector,” she said.
Also included in the growth drivers in the 2022 GRDP were the industry sector which covered 25.6 percent or PHP238.8 billion; and the agriculture sector which has 19.9 percent of the share or worth PHP186.6 billion in gross value.
Out of the five provinces and two chartered cities in the region, Bukidnon province remains the capital of the agriculture industry in Northern Mindanao.
Meanwhile, this city remains the top contributor to the regional economy of Northern Mindanao, according to the data presented by the Philippine Statistics Authority (PSA).
PSA data indicated that of the PHP935.3 billion value of Northern Mindanao’s gross domestic product in 2022, this city accounted for the largest share of 28 percent, followed by Bukidnon province at 26.6 percent, while Misamis Oriental in third at 16.8 percent.
The PPA measures the economic performance of the provinces and highly urbanized cities of the region. (Ercel Maandig and Nef Luczon/PNA)

Manolo Fortich OBO among PSA Bukidnon top awardees

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The Office of the Building Official (OBO) of the Local Government Unit of Manolo Fortich secured a place as one of the Top 3 awardees of most timely submissions of Approved Building Permits by the provincial Philippine Statistics Authority (PSA) last Oct. 26 at Landing, Casisang, Malaybalay City, Bukidnon

The award is an annual recognition with participants from 20 municipalities and two cities of the Province of Bukidnon, with only the Top 3 chosen awardees. This year, Malaybalay City, Maramag, and Manolo Fortich made it to the top list.

OBO Head Engr. Rosa Bella Saluta along with Engr. Cherry Mae Galvez had the honor of receiving the plaque during the forum and awards ceremony.

Since OBO processes and authorizes building permits for local and new establishments in the municipality, submissions of approved permits to the provincial office of PSA are done monthly. PSA uses these submissions as a report to their central office to keep an updated record of newly built establishments in the Philippines. In return, PSA awards offices that regularly submit reports.

The timely responsiveness of OBO not only promotes the efficiency of the LGU of Manolo Fortich but also contributes to the quality policy and output of PSA. (Manila Standard)

17K 4Ps beneficiaries in NorMin streamlined with PhilSys

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CAGAYAN DE ORO CITY – The data of 17,740 Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries in Northern Mindanao have been integrated into the Philippine Identification System (PhilSys) to streamline social welfare services, reduce redundancy, and ensure that government assistance are distributed most efficiently

Ramel Jamen, Social Welfare and Development director for Region 10 (DSWD-10) said partnering with Philippine Statistics Authority Region 10 (PSA-10) for the Philsys integration signifies the two agencies’ commitment to uplifting the lives of Filipinos.

“By integrating 4Ps beneficiaries into the PhilSys, we are creating a foundation for more targeted, efficient, and accountable social welfare programs,” Jamen said in a statement on Tuesday.

The 4Ps program, which provides financial assistance to impoverished families, plays a crucial role in the country’s poverty alleviation efforts, he noted.

PhilSys is the government’s central identification platform designed to establish a single and reliable identification system for all citizens and resident aliens.

By enrolling 4Ps beneficiaries in the PhilSys, the DSWD, and PSA are taking steps towards improving service delivery and promoting transparency in social welfare programs, PSA-10 Officer-in-Charge Janith Aves said.

“Through PhilSys, we are building a more inclusive and digitally connected society,” Aves said.

Both agencies encouraged all eligible 4Ps beneficiaries to participate in the registration process, which will be carried out through designated registration areas by province.

The PSA also urged those who have not yet registered or received their e-PhilID to do so as soon as possible, as the agency aims to complete the target registration of 92 million individuals by December this year. (Nef Luczon/PNA)

Mindanao cassava growers given direct market

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The Department of Agriculture (DA) has provided cassava and corn growers in Mindanao with a direct market for their produce by linking them to the San Miguel Foods Inc. (SMFI)-Visayas

The DA-Northern Mindanao (DA-10) said on Monday, October 9, that the established connection will benefit cassava and corn-producing farmers’ cooperatives, associations (FCAs) from Misamis Oriental, Bukidnon and Cagayan de Oro.

The SMFI-Visayas team led by Eduardo Co said that their company is looking to tap FCAs in Region 10 “to augment the volume of their existing shipments and also maximize their operations from Cagayan de Oro City to Cebu City.”

Co added that they also plan to join in the agriculture department’s bid to help increase the farmers’ income, boost the quality of their lives, and, at the same time, learn about the challenges they have encountered on the ground.

The DA said that the endeavor between SMFI and Mindanao farmers will not just provide an additional market for their harvests but will also ensure that it will be bought at reasonable prices.

Carlene Collado, DA-10 regional executive director, said that the FCAs should consider tapping the said company to cut the trading layers when marketing their corn and cassava harvest.

He gave assurances that the agency will continue to provide the needed support for the FCAs, such as the provision of seeds, fertilizers, farm tractors, postharvest facilities, and capitalization, among others, to empower their groups and enable them to forge a long-term business partnership with SMFI-Visayas.

Northern Mindanao was the top producer of cassava in the second quarter of 2023, supplying 279.29 thousand metric tons (MT), or 39.3 percent, of the total production, the Philippine Statistics Authority said.

From April to June 2023, cassava production was estimated at 709.91 thousand MT, which indicated a growth of 1.6 percent from the 698.63 thousand MT output in the same quarter of 2022.

Other regions that produced a higher volume of the said crop during the quarter were the Bangsamoro Autonomous Region of Muslim Mindanao, with 218.99 thousand metric tons, or 30.8 percent, and Cagayan Valley with 47.50 thousand MT, or 6.7 percent of the total.

The area harvested for cassava from January to June 2023 reached 109.62 thousand hectares, an increase of 0.8 percent from 108.80 thousand hectares in the same period of 2022. (Janine Alexis Miguel/The Manila Times)

Northern Mindanao gears up for 34th NSM celebration

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CAGAYAN DE ORO CITY (PIA)–Preparations are underway for the 34th National Statistics Month (NSM) celebration in Northern Mindanao

To mark the celebration, the Regional Statistics Committee (RSC)-10 has endorsed a series of regional activities designed to accentuate the importance of data and statistics in enhancing health outcomes.

Dr. Janith Aves, officer-in-charge of the Philippine Statistics Authority (PSA)-X, said NSM is celebrated in October of every year to enhance awareness and appreciation of the value and importance of statistics to the different sectors and to elicit the support and cooperation of the public in upgrading the quality and standards of statistics in the country.

This year, NSM bears the theme “Accelerating Progress: Promoting Data and Statistics for Healthy Philippines,” which underlines the use of quality health-related statistics to accelerate development and promote a healthier populace.

Opening the month-long celebration are activities to be spearheaded by the Department of Health-X, which include a motorcade, Zumba, and health forum on October 3. The other activities lined up are a tree-planting activity (October 6), an interagency statistical exhibit contest (October 16-20), an infographics-making contest (October 16-20), and a data appreciation seminar for media and statistics quiz show – media edition (October 13).

All Provincial Statistical Offices of PSA-X will likewise hold the 27th Philippines Statistics Quiz Provincial eliminations on October 19 with participants from Higher Education Institutions in the region.

A dissemination forum on the results of the 2018-2020 Water Flow Accounts and financial health literacy activity will highlight the closing ceremony on October 27 to be hosted by the Bangko Sentral ng Pilipinas – Cagayan de Oro Branch.

RSC chairperson and NEDA-X Regional Director Mylah Faye Aurora Cariño said the lined-up activities will significantly promote the importance of statistics in every sector of society. She also urged RSC member agencies to support the NSM and conduct activities that would enunciate the significance of the celebration. (APB/PIA-10)