Inflation in Western Visayas steady at 2.7%, food prices rise

The inflation rate for basic goods and services in Western Visayas remained unchanged at 2.7 percent in March, matching February's figures.

Despite the overall stability, specific commodity groups such as food and non-alcoholic beverages saw an increase to 40 percent, while housing, water, electricity, gas, and other fuels contributed 25.6 percent.

Alcoholic beverages and tobacco also posted a higher inflation rate of 5.2 percent from five percent previously.

Iloilo City experienced the highest inflation rate at 3.9 percent, followed closely by Bacolod City with 3.5 percent, while Antique had no change in its inflation rate.

Seven commodity groups registered slower inflation rates, but four others saw higher inflation, including food and non-alcoholic beverages, housing utilities, alcoholic beverages and tobacco, and health.