
By Jun Enriquez
ILIGAN CITY (September 14, 2026) - The Philippine Statistics Authority (PSA) of Lanao del Norte based in Iligan City shared information updating the Inflation Report highlighting the Consumers Price Index (CPI) in Iligan City and Lanao del Norte. This information was shared by the PSA information office headed by Ms. Brenda Lynn M. Castro, Officer-in-Charge (OIC).
Consumers Price Index in Iligan City
Iligan City’s Consumer Price Index (CPI) for August 2026 was recorded at 134.9. This implies that, on average, the prices of goods and services commonly purchased by consumers were 34.9 percent higher compared with their price levels in the 2018 base year.
The CPI is an indicator that measures changes over time in the average retail prices that represents basket of goods and services.
Among the commodity groups, Alcoholic Beverages and Tobacco recorded the highest CPI in August 2026 at 166.2, followed by Transport at 150.4 and Financial Services at 145.9. Meanwhile, the commodity groups with the lowest CPI in August 2026 were Information and Communication at 102.0, Clothing and Footwear at 115.9, and Recreation, Sport, and Culture at 118.3.
On August 2026 inflation rate of Iligan City increased to 8.2 percent from 7.9 percent in July 2026, marking a 0.3 percentage-point acceleration. Moreover, it remained significantly higher than the 0.2 percent inflation rate posted in August 2025. This indicates that the prices of goods and services continued to increase at a higher rate compared with the same month of the previous year.
Main Drivers to the Uptrend of the Overall Inflation
The acceleration in the August 2026 inflation was primarily driven by faster increases in the inflation rates of several major commodity groups. Housing, Water, Electricity, Gas and Other Fuels recorded the highest inflation rate at 18.0 percent, higher by 1.2 percentage points from 16.8 percent in July 2026. This was followed by Transport, which posted an inflation rate of 17.8 percent, up by 1.4 percentage points from 16.4 percent in the previous month.
The upward trend in August 2026 inflation was also influenced by the faster annual increase in the index of Restaurants and Accommodation Services, which rose to 1.4 percent from 1.2 percent in July 2026.
On the other hand, slower increases in the indices were observed in Food and Non-Alcoholic Beverages; Information and Communication; and Recreation, Sport, and Culture, which limited the acceleration in the August 2026 inflation.
Meanwhile, the indices of the remaining commodity groups remained at their previous month’s annual rates.
Main Contributors to Overall Inflation
The Housing, Water, Electricity, Gas and Other Fuels commodity group remained the largest contributor to the August 2026 inflation, accounting for 44.9 percent or 3.68 percentage points of the overall inflation. The higher inflation in this commodity group was primarily attributed to the prices in Actual Rentals for Housing.
This was followed by Food and Non-Alcoholic Beverages, which accounted for 23.0 percent or 1.89 percentage points of the overall inflation. The higher inflation in this commodity group was primarily influenced by the Cereals and cereal products, particularly Rice.
The Transport commodity group ranked as the third largest contributor, accounting for 17.1 percent or 1.40 percentage points of the overall inflation. The higher inflation in this commodity group was largely driven by the prices of Fuels and lubricants for personal transport equipment, particularly Gasoline.
Collectively, these three commodity groups accounted for 85.0 percent or 6.97 percentage points of the 8.2 percent overall inflation in August 2026, indicating that they were the major sources of price movements during the month.
Food Inflation
Food inflation in Iligan City slowed to 4.3 percent in August 2026 from 4.8 percent in the previous month. In August 2025, food inflation recorded an annual decrease of 0.8 percent.
Main Contributors to Food Inflation
The top three food groups in terms of contribution to the food inflation during the month were the following:
a. Cereals and cereal products, which include rice, corn, flour, bread and other bakery products, pasta products, and other cereals, with 111.7 percent share or 4.80 percentage points;
b. Fish and other seafood with a share of 10.6 percent or 0.46 percentage point; and
c. Ready-made food and other food products not elsewhere classified, with a share of 6.1 percent or 0.26 percentage point.
Purchasing Power of Peso (PPP)
The Purchasing Power of the Peso (PPP) measures the value of the peso in the current period relative to 2018, the base year. It reflects the amount of goods and services that one peso can purchase over time.
In August 2026, the purchasing power of the peso (PPP) in Iligan City was recorded at 0.74. This indicates that an amount of ₱100.00 in the base year 2018 is equivalent to only ₱74.00 worth of goods and services in August 2026. This reflects a decline in the real value of the peso over time.
Consumer Price Index in Lanao del Norte
The Consumer Price Index (CPI) in Lanao del Norte was recorded at 133.7 in August 2026, indicating that the average price level of a fixed basket of goods and services increased by 33.7 percent compared with the 2018 base year.
The CPI is an indicator used to measure changes over time in the average retail prices of a fixed basket of goods and services commonly purchased by consumers. The CPI of Lanao del Norte for August 2025 and August 2026, with 2018 as the base year.
Among the commodity groups, Alcoholic Beverages and Tobacco recorded the highest Consumer Price Index (CPI) in August 2026 at 177.0, followed by Transport at 163.5, and Financial Services at 146.0. In contrast, the lowest CPI levels were observed in information and Communication at 109.5, Education Services at 110.3, and Clothing and Footwear at 126.4.
Overall Inflation
The inflation rate in August 2026 accelerated to 8.5 percent from 8.3 percent in July 2026, or an increase of 0.2 percentage point. This was significantly higher than the -2.1 percent inflation rate recorded in August 2025, indicating a substantial acceleration in the annual increase in consumer prices.
Main Drivers to the Upward Trend of the Overall Inflation
The acceleration in the headline inflation in August 2026 was primarily attributed to the faster annual increase in the Transport index, which registered an inflation rate of 23.2 percent, up from 21.4 percent in July 2026.
Also contributing to the uptrend in inflation in Lanao del Norte was the faster annual increase in the Housing, Water, Electricity, Gas and Other Fuels index, which registered an inflation rate of 11.9 percent in August 2026, up from 11.3 percent in July 2026.
On the other hand, slower annual increases in the indices were observed in Food and Non-Alcoholic Beverages, Clothing and Footwear; Health, Recreation, Sport and Culture, Restaurants and Accommodation Services and Personal Care and Miscellaneous Goods and Services.
Meanwhile, the indices of the remaining commodity groups remained at their previous month’s annual rates.
Main Contributors to Overall Inflation
The Food and Non-Alcoholic Beverages commodity group remained the primary driver of the August 2026 inflation, contributing 43.7 percent or 3.72 percentage points to the overall inflation rate. The increase was largely attributed to Cereals and cereal products, which registered the largest contribution within the commodity group.yhg54
This was followed by Housing, Water, Electricity, Gas and Other Fuels, which accounted for 22.8 percent or 1.94 percentage points of the overall inflation. The increase in this commodity group was primarily influenced by Actual Rentals for Housing.
The Transport commodity group ranked as the third largest contributor, accounting for 18.4 percent or 1.56 percentage points of overall inflation. The increase was largely driven by the prices of Fuels and lubricants.
Collectively, these three commodity groups contributed 84.9 percent, or 7.22 percentage points, to the overall 8.5 percent inflation rate in August 2026, indicating that they were the major contributors to the province's inflation during the month.
Food Inflation
Food inflation in Lanao del Norte eased to 7.4 percent in August 2026 from the recorded 7.5 percent inflation in July 2026. In August 2025, food inflation recorded an annual decrease of 4.7 percent.
The top three food groups in terms of contribution to the food inflation during the month were the following:
a. Cereals and cereal products, which include rice, corn, flour, bread and other bakery products, pasta products, and other cereals, with 85.0 percent share or 6.29 percentage points;
b. Fish and other seafood with a share of 9.5 percent or 0.71 percentage point; and
c. Ready-made food and other food products not elsewhere classified with a share of 4.8 percent or 0.35 percentage point.
Purchasing Power of Peso (PPP)
The Purchasing Power of the Peso (PPP) measures the value of the peso in the current period relative to the 2018 base year, indicating the quantity of goods and services that one peso can purchase over time.
In August 2026, the PPP in Lanao del Norte was estimated at ₱ 0.75, implying that an amount of ₱100.00 in 2018 would have the equivalent purchasing capacity of only 75.0 percent in August 2026. (PSA Special Releaese; Written and Edited by Jun Enriquez, Digital-Mobile Journalist)