- 6 months ago
LIVE NOW: Central Visayas recorded the highest inflation rate in the country last month — but what’s behind the surge in prices? And how is it affecting households, businesses, and everyday Cebuanos?
We’re joined by PSA 7 OIC-Regional Director Wilma A. Perante to break down the latest data and what it means for you.
Tune in LIVE and join the conversation!
We’re joined by PSA 7 OIC-Regional Director Wilma A. Perante to break down the latest data and what it means for you.
Tune in LIVE and join the conversation!
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LifestyleTranscript
01:00Today, we take a closer look at the stories shaping our communities and our future, going past the surface and into the context, the impact, and the conversations that matter.
01:12I'm DJ Moises.
01:14Today on Beyond the Headlines, we turn our attention to the rising cost of living that's affecting households across Central Visayas.
01:22The region posted the fastest inflation rate in the country this September 2025, raising questions about what's driving this surge.
01:33Joining us to break down the latest figures and help us understand the impact on consumers and the local economy is the Philippine Statistics Authority, Region 7 OIC Regional Director, Wilma Perante.
01:48Good afternoon, R.D. Wilma.
01:50Good afternoon. Maayong hapon sa atong tanan.
01:53So, maayong hapon sa atong mga viewers sa ating programa, Karon.
01:58And we're very also grateful for the invite ng PSA.
02:02And thank you also for joining us here.
02:06So, for the benefit of our viewers, this one is also the intent of the segment is for us to have a better appreciation of the latest report that we have already seen by now,
02:20which is the inflation rate of Central Visayas, which was at 4.1%, and it is actually higher compared to the national number, which is at 1.7%.
02:33But today, we're going to break that down so that we will have a better understanding on how it impacts everyday consumers and everyday Cebuanos.
02:44So, yes, let's start with the basics lang sa, no?
02:54Okay, sure.
02:55Sige.
02:55For the benefit of our viewers, maybe they need some refresher, no?
03:00They hear inflation a lot of times, but maybe they need some refresher on what inflation exactly means for ordinary Filipinos.
03:12Yes.
03:13So, thank you for really emphasizing what's really inflation.
03:18From the word inflate, yung parang, di ba, parang nagbubumba ka ng tires.
03:23So, parang magpa-inflate.
03:25So, that means when we talk of inflation, it's really the increase, average increase of the prices of goods and services commonly brought by common Filipino.
03:34So, lahat ito, ibig sabihin, ma-rich ka man, ma-poor ka man, so all.
03:40So, this is talking about common Filipinos na increases of prices of goods and services.
03:46Bakit goods and services?
03:48So, ang market basket, kasi ito is composed of market basket.
03:51So, we monitor the prices of these common goods and services na ina-avail at binibili ng ating mga common Filipino.
04:03So, that's inflation.
04:05So, pag-positive po, ibig sabihin, isasama ko na, kasi parang sinasabi, kasi bakit ganun?
04:11So, pag-positive, kasi minsan if you go through the details of the data, mayroon talaga tayong negative.
04:19That is deflation.
04:20So, pag wala siyang minus or negative, so what that means, there are, on the average, the prices of goods and services really nag-increase po.
04:29Pero pag negative naman, so that's deflation, ibig sabihin, that's a good signal na ang mga prices of goods and services, on the average, ay talagang nag-decrease.
04:40Talaga siyang nag-decrease.
04:42So, we've also heard kinang numbers such as consumer price index, and you've mentioned also earlier about this basket.
04:51Yes.
04:51So, who decides which goes to the basket?
04:55Okay.
04:55So, si PSA, we have these mga components in computing for the consumer price index, tapos that resulted to the inflation rate.
05:06Kasi ang inflation rate is the average prices of goods and services, comparing, for example, ngayon, September 2025.
05:15So, ano ba yung increase ng prices of goods and services, kad tong September 2024, tapos ngayong September 2025?
05:22That is consumer, that is inflation rate.
05:26Pero, when we talk of the consumer price index, mayroon tayong mga sinasabing components of the consumer price index.
05:33And one of which is the reference year.
05:37So, yung reference year po natin, para sa ating mga, ito, ano ba yung reference year?
05:42So, ano ba yung reference year?
05:44Thank you, Paul.
05:44Papanik tayo sa technical, no?
05:46So, parang sinasabi, ang reference year is we will be basing itong year na ito, and then we will be comparing, paano ba nagmove yung ating prices.
05:56So, nagkaroon tayo, we have the recent nating base year is 2018.
06:02So, 2018, no?
06:04So, hindi yan po si PSA ang nag-decide.
06:09So, there are requirements, why 2018?
06:11So, 2018, if that year is normal, wala tayong major disaster.
06:16Like the pandemic, no?
06:17Yes, or ano, so wala tayong mga, kung anong mga kalamidad.
06:22So, that is one na requirement.
06:24And of course, ang major requirement din, mayroon ba tayong available data for that year?
06:29Kaya sinasabi natin, okay, we'll decide, or yung technical working group, or yung policy natin na group,
06:35ang PSA board, we'll decide yung magsasabi na, okay, we will approve the 2018.
06:42So, one of the component po sa consumer price index is that, kaya siya index, kumbaga sa mathematics, sa view,
06:49naalala mo yung index, yung sinasabi, ah, pag 100, ito yung base year.
06:53Pag 102, ibig sabihin, may increase of 2%, di ba?
06:57So, that's how we understand the index.
07:00So, itong, itong, how do we select the market goods, basket of, market basket of goods and services?
07:08So, mayroon kaming sinasabi na we have survey of key informants.
07:12The key informants are itong mga establishments, managers, na talaga, owners of our establishments,
07:19na ano ba yung mga common goods na binibili sa inyo, di ba?
07:23Saan ba ito binibili?
07:24Tapos, ano ba yung, in terms of quality, in terms of volume, kung ano ba yung binibili ng maraming tao, di ba?
07:33Tapos, the other one is also, we have, ah, kanang commodity outlet survey.
07:40So, sa commodity outlet survey, tinatanong natin yung ating mga households wherein, sinasabi,
07:45sa ano ba yung binibili yung mga goods and services, or ina-avail na services?
07:50So, dun po napapasok na, ah, kami ay bumibili ng, ng, ano ito, ng, ng, isang kilong bigas, no?
07:58Ito yung common na binibili, hindi sako-sako.
08:02Siyempre, sako-sako, hindi yun, hindi yun yung common na binibili ng tao.
08:06That's a good point.
08:07Tapos, yung, yung, saan ba nyo nabibili ito?
08:11Saan?
08:11Is it in the market?
08:12Is it in the groceries?
08:16So, tinatanong yun kung saan mga outlets.
08:18So, even up to the point of the volume, the number of grams, tinatanong po yan sa aming commodity outlet survey.
08:26So, doon po natin nakukuha at nabubuo yung ating market basket na minomonitor natin every month.
08:36Twice in a month.
08:37Twice in a month.
08:38Sige, so, to clarify, this will not change unless there's something drastic, no?
08:45Or significant, no?
08:47That happens, like war or pandemic, no?
08:51But other than those, then it's considered as business as usual.
08:55Yes.
08:56Parang these are really the commodities na ating minomonitor every month.
09:00So, in the Philippines, and then we'll go for the Visayas, no?
09:03But in the Philippines, what's the usual drivers of inflation?
09:08Ang sinasabi lang naman talaga, when we talk of drivers, is really the main drivers really is actually the prices.
09:18Kasi we are, kaya nga siya inflation, no?
09:20So, it's really the prices of the goods and services.
09:25But we sa PSA, we collect data kung ano doon ang mga prices.
09:31But hindi natin masasabi na, or we don't project yung inflation for, sabihin natin, pag ito ang inflation, okay, ito yung in-expect natin in the near future.
09:43So, that's not the mandate of PSA.
09:47So, really, ang sinasabi natin, kung sa supply and demand, diba, sa principle of economics, economics tayo pupunta, diba, ang nandodrive talaga sa prices of goods and services is really the supply and demand.
10:05So, it's really the main principle that we are following why such there is really an effect on the prices of goods and services.
10:15And by the way, I'm very thankful because you brought with us some of these data which we will also share to our viewers.
10:24But in the overall, what do you think was the reason why inflation in Central Visayas for this particular report is higher compared to the national number?
10:38Higher than the national.
10:40So, kanina, you've mentioned, there are, okay, let me start with this.
10:50Ang inflation natin noong September was, September 2025, is 4.1%.
10:584.1%.
11:00So, ngayon, ang mga nag-contribute, nag-contribute to the 4.1%.
11:10Mayroon po tayo, if you have this, okay, ito yung sinasabi.
11:18If you have this, we have mga specific commodity items wherein these are the main contributors to the 4.1%.
11:29So, we have food and then alcoholic beverages.
11:32So, mayroon tayong mga commodity classification na fina-follow as a standard so we can compare that with the rest of the world to other countries.
11:42So, we have this food and then alcoholic beverages.
11:45So, out of 4.1%, yung contribution po ng food and then alcoholic beverages ay 2.41 percentage points.
11:55Kasi, percent ito ang pinag-uusapan.
11:57So, ngayon, ang the second contributor ay yung housing, water, electricity, gas, and other fuels is 0.62 percentage point.
12:09And then we also have the third contributor is transport is 0.47 percentage point.
12:15So, yun po yung ating main contributors to have this 4.1%.
12:19So, mayroon tayo, although sinasabi natin, sinasabi natin, these are main contributors sa ating 4.1%.
12:33Meron tayong mga more specific commodity items na talagang nag-contribute pa na ano ba, for example, kasi syempre food and then alcoholic beverages, natanungin mo na naman ulit ako, ano bang particular dyan sa food?
12:49Unahan na tayo, unahan na tayo. Parang ganun, no? Unahan na tayo.
12:52Which is good.
12:55Sabi mo ba, okay, sige, unahan na tayo. Syempre, di ba?
12:59So, ngayon, sige, unahan na tayo.
13:02So, sa food and then alcoholic beverages, so mayroon tayong fish.
13:10Fish, fish, and other seafood na ang kanya, kung mayroon po tayong magbamathematics tayo ngayon, 2.41%.
13:20So, 2.41% from the 4.1%, ito naman, itong 2.41, itong from the 4.1%, ang fish and other seafood po, ay 1.09% po yung kanyang contribution doon sa 4.1%.
13:35Tapos, mayroon pa po tayong iba, like vegetables, tubers, it's about 0.85% point, and meat and others, it's under the food, it's 0.55% point, and that is under the food of 2.41% points.
13:54So, example lang ito. Sige.
13:56Sige. So, for curiosity lang, so when we say that the inflation in Central Visayas is higher than the national number, is this something that's just temporary or something that we have to look more closely?
14:13If you're going to look at the trend of, you know, looking at the trend of the inflation, unahin ko muna ang Central Visayas.
14:24Sige, ha.
14:24For the trend, mag-open ako, okay lang, mag-open ako ng Kodigo.
14:33So, for Central Visayas, okay.
14:41Trend.
14:42So, sa ngayon, what I can share with you is, we have, for Central Visayas, so August and September, and September 2024, so we have, last month, last August, we have 3.0%, tapos ngayon 4.1%.
15:10So, anong ibig sabihin niyan?
15:12Okay.
15:13So, ngayon for Central Visayas.
15:15So, if you're going to look at the trend, kasi ito August, September lang.
15:20If we're going to look at the trend from January 2020 to September, so you cannot actually, you just have to look at.
15:30At may mga very peak tayo nung years of 2022, 2023, mataas talaga yung inflation.
15:38In fact, nag-range tayo.
15:40Nung 2022, nag-range po tayo ng, from 4.8, ang pinakamataas po ng 2022, was 8.6%.
15:52Tapos, 2023, for Central Visayas, ang pinakamataas po ay 7.2%.
16:00Ang pinakamababa po ay 3.2%.
16:04But now, in 2025, ang pinakamataas po na that we have experienced in 2025, it's actually this month, it's 4.1%.
16:17And then, the lowest we've experienced was last June, it's 0.2%.
16:23For the national, so for the, okay, for the national, yung ating pong, by the way, we are not the fastest.
16:39Ah, we're not.
16:40Yeah, we're not.
16:41That's a good point.
16:41Sige, that's a good, that's a good news.
16:42Balikan ko lang kanina.
16:44So, yung ating inflation for September, we are the 17th of all the 18 regions, the lowest, the lowest inflation.
16:56That's 4.1%.
16:57Actually, that's a good point.
16:59Because normally, correct, because we normally compare the Central Visayas number to the national, when in fact, that's a good perspective.
17:08We're actually among the lowest, no?
17:11Yes.
17:12So, okay, mayroon lang tayong ibig sabihin.
17:16I would just like also to emphasize what's really the inflation, even if, sinasabi natin, but this doesn't mean na mas mababa ang prices of goods and services dito.
17:26Kasi it's really the movement of the prices of goods and services.
17:30So, I'll go back to the Philippines, no?
17:32Sa Philippines, it's actually we're of the same trend.
17:37Kung trend yung pag-uusapan, kung anong years ang mataas ang inflation.
17:41So, it's like when national went up, we also went up?
17:44Not necessarily.
17:45I mean, that trend, we're saying that the year for 2023 ay mas mataas.
17:50So, mataas talaga din ang inflation sa national.
17:53So, but even ngayon, for September, comparing that with Central Visayas.
18:03So, we have only 1.7% sa national ang percent inflation.
18:10Mas slower yung increases if you're getting the average of the prices of goods and services for the country.
18:15But for the Central Visayas, mas mabilis tumakbo.
18:22Kung baga sa running, mas mabilis tumakbo ang ating presyo.
18:26But this doesn't mean na mas mataas ang presyo dito sa Central Visayas.
18:30I just want to point that out.
18:32That's a good point.
18:33That's a good point.
18:33That I want to point out.
18:35That's a good point.
18:36Hindi ibig sabihin na mataas ang inflation rate ay mas mataas ang presyo ng mga goods and services in the area.
18:45So, yun ay pagtakbo po ng prices of goods and services.
18:49So, I hope our viewers have captured that because that's an excellent point for us to remember.
18:55Because sometimes on a lay person's perspective, when they look at the percentage increase,
19:01it's normally associated to the actual price.
19:05But this one, thank you for raising that.
19:07Because this one, it actually says it's more of the intensity of the movement, but not necessarily the actual price.
19:16So, that's a good point for our viewers.
19:20Sige.
19:20Now, there are also, kind of curious questions.
19:24Sure.
19:26Ganon.
19:28Because what's also unique in Central Visayas, or Visayas in general, it's because these are islands.
19:35So, there are fuel costs, more complex transportation.
19:39Compared to Luzon, they're just one piece of land.
19:42And also, Mindana, which is also one piece of land.
19:46Is the more complicated movement of goods also contributing to the dynamics of inflation?
19:54Okay.
19:54Sige.
19:55So, I will not directly answer that.
19:58Sige.
19:58No, I will not directly answer the dynamics.
20:03But we know there are costs related in selling goods and services.
20:10So...
20:11Supply chain, for example.
20:12Yes.
20:12So, of course, masasabi natin, if there are increases in the cost, saan ba yan patutungo?
20:20So, siyempre, pag ikaw i-business, alam ko businessman ka eh.
20:25Okay.
20:26Kasi...
20:26I'm enjoying this conversation.
20:31So, siyempre, saan mo yun i-dadagdag para magkaroon ka ng, you know, more revenue, more gains.
20:40So, of course, also to ensure na ang business mo ay hindi malulugi.
20:45So, that means it has something to do also with the cost while there are also increases in the prices of goods and services.
20:53And then, this one is just your observation, ha?
20:56Has Visayas already recovered from the pandemic if just looking at the inflation number?
21:02Hindi ako mag-inflation.
21:04When you listen to our GRDP, Provincial Product Accounts, although I don't have data, no?
21:10Sige, sige.
21:11Yeah, kasi one of the questions during the...
21:13Sige, sige.
21:14Kasi di ba magkaroon tayo ng disaster.
21:16So, we are really very resilient in...
21:18Agree.
21:19...in Central Visayas.
21:21In fact, when we had the pandemic in 2020, when we released the Provincial Product Accounts last Tuesday,
21:30So, we were able to see the data na in just one year, we were able to recover the pre-pandemic levels of the value added.
21:39And that's very good performance for Central Visayas.
21:43In fact, both for all the HUCs, the three HUCs, and the province of Cebu, we were able to look at the data.
21:52Talagang lumabas some from the data na we were able to recover the levels, the value added of Cebu and the three HUCs pre-pandemic levels.
22:05That's good news also.
22:07No, that's the advantage of having conversations like this one because when people just dig into the numbers,
22:13I mean, look at the numbers, not even dive into the numbers, they just see the surface.
22:18But this is also another interesting news also that we have already recovered.
22:25Yeah, that's also good to know.
22:27That's the benchmark before the disaster.
22:29Sige, so, when it comes to the numbers then, should the general public just ride into what they're seeing?
22:40Or there are also tips that you can give them that when they see an inflation number such as this one,
22:45what are the practical things that they can consider doing?
22:49Very good question. Intelligent question.
22:51Actually, that's what we wanted to.
22:53Very good.
22:53Na maintindihan niyo, bakit itong CPSA, every month naman ito nagre-release ng inflation,
22:59paano ba ito namin gagamitin?
23:01Correct.
23:02So, for example, for 4.1%, just to understand,
23:07paano ba, ano ba yung effect nito noong September 2025?
23:12So, ibig sabihin, if you have 100 pesos in your pocket,
23:15so, if you're going to buy the same set of goods and services in your basket,
23:23so, nagdagdag ka po ng 4 pesos and 1 centavo just to buy the same basket noong September 2024.
23:35So, yung po ang dagdag.
23:36So, if you're going to buy the same pa rin,
23:40so, you will be having additional money in your pocket para ka makabili.
23:45So, what's the implication if, sabi natin,
23:49if ikaw, if you think the same inflation,
23:53if you think the same inflation ang mangyayari the next month,
23:59given the observations you have in the market,
24:01kasi kung mamimili ka talaga, ito siguro, ito yung mga items,
24:04but you know, there are mga items talaga na nagsusustain lang,
24:08wala siyang increases, no?
24:10Parang stable lang siya for a specific period na medyo wala siyang increases.
24:16So, ngayon, magsasabi ka,
24:18ah, okay, next month, magbabudget ako.
24:20Pwede ba?
24:21If I don't have enough money, okay,
24:23I will still be maintaining my 104.
24:26Then, para to sustain the goods that I will be buying
24:29and the services that I will be buying for next month,
24:32okay, I should have been putting 4 pesos additional in my pocket.
24:35So, good for forecasting, no?
24:37Yes. I mean, you, depending sa how you will be observing, no?
24:40Kasi syempre, hindi rin natin ma-project kung ano ba yung mangyayari sa mga susunod.
24:46Because unless you have the knowledge of what will be the production,
24:52we don't project, no?
24:53But of course, we can actually use also the data from PSA
24:58na ano ba yung mga specific items na walang movement for the past months.
25:03At least, ah, ito, like tuition, education.
25:06Ah, ito, hindi pa ito mag-increase kasi usually ang increases na natin,
25:09based on our observations, ay during enrollment lang.
25:12Tapos, may mga news naman in terms of the fuel.
25:14Ah, ito, this item, fuel naman, this is driven by international market.
25:20So, at least, malalaman natin.
25:22So, we can see also details of the inflation doon sa ating more specific items naman.
25:28Para alam mo na, ah, sa susunod, kasi may news ako doon na
25:32ang aking palang contribution doon sa aking pamasahe is this much.
25:39Sabihin natin, may 20 pesos.
25:40I mean, example lang, no?
25:42Na may fuel increase and then you will be using your vehicle.
25:45Sabihin ko, ah, pwede na muna ako maglakad para hindi ako magdagdagad.
25:48That's how we use the inflation.
25:51Para maka-plan ka din in the next months.
25:55My takeaway actually with this conversation is because
25:57I would normally look at the basket as just a means to calculate.
26:02But I am not, so because of this conversation,
26:05I'm able to understand, I also look at this basket as my basket.
26:09So, if I'll continue to buy the same thing inside the basket
26:12and inflation is rising, then I need to forecast more, no?
26:17For me to be able to buy the same, or what you said,
26:20or get something out from the basket, depending on my prioritization.
26:23Or you listen to the volume.
26:25Correct.
26:26If you don't have enough money in your pocket.
26:30So, that also drives the point on how ordinary citizens, no?
26:36Like me, will have a better appreciation on what I do when I see the numbers.
26:39So, thank you, no?
26:40So, I think you've also already covered also about the savings part, no?
26:49So, this is on more of how a regular person would also have smarter ways, no?
26:56In terms of savings, no?
26:58This time, because I know there's also a relation between inflation and interest rates.
27:03Ibang interest rates, that is being driven also, you know,
27:08by financial inclusivity.
27:13Inclusivity, yes.
27:15Diba?
27:15So, ngayon, siyempre ako, for example, gamitin na lang natin, I'm sorry.
27:22Yes.
27:22Now, looking at the trend.
27:24Kasi kailangan mo talaga, anong buwan ba talaga tumataas mostly itong ating expenses?
27:29So, number one is we should know, ilang share ba yung aking food items?
27:35Kung itong food items na ito ay mataas yung share.
27:39In fact, for all income households, ang share po natin ng food ay lumalabas po siya from the 4.1%.
27:5085.8% weight po.
27:54Wait.
27:5585.8% of the 4.1% ang ating food and non-alcoholic beverages.
28:04Yung contribution niya, ang contribution niya doon sa 4.1%.
28:08So, ngayon, pag sa food, sa food, dun sa weights ng 2018.
28:19So, ngayon, punta po tayo, ito pala, malaki pala dito ang share ko.
28:24So, pwede ba, ako yung household or family,
28:30o sige, magtipid ako doon sa, so titignan ko pa, mas marami pang items, more specific.
28:38Saan ba yung mas malaki?
28:39So, rice.
28:40Ah, buka, pwede ako mag-diet.
28:43No, one, no cup.
28:45One cup of rice.
28:46So, instead of consuming, buying one kilo,
28:48then I'll be buying na lang mo half kilo,
28:51kasi mag-less na lang ako sa rice, that would also be good for my health, di ba?
28:55So, doon natin ginagamit yung data natin doon sa,
29:01saan ba ang mataas ang share in terms of expenditure,
29:05para I want more savings,
29:07so that I can also help, no, sa ating, to improve the financial status of the country.
29:16So, let me, para, ma, ito, ito is very actually,
29:21kung makikita natin yung data, no,
29:23dig more, deeper sa ating, sa ating data.
29:27Sa, sa, sa, of all, for example, if you have,
29:30if you have 100 pesos, no, example lang, you have 100 pesos lang,
29:36kasi parang madali sa mga, sa mga viewers natin.
29:39Ang share po pagdating sa, sa ating food is about 73 pesos sa cereals and cereal products.
29:50So, ibig sabihin, if you're spending so much for the cereals alone,
29:5473 pesos po ang napupunta.
29:56Now, if you want really to save, then punta ka sa food items,
30:00magbawas, para po kayo makasave.
30:03That's how we use the data.
30:05And actually, looking at the numbers,
30:07it's, it's quite the same, no,
30:09except that for the, for the bottom 30% income household,
30:17the third driver is on health, no?
30:20While for all income households,
30:23the third, health is not even there, no?
30:28Mm-hmm.
30:29So, does this actually mean that they're spending,
30:35they tend to put more of health spending for bottom 30 income household into their basket?
30:43No.
30:44Ah, no.
30:44Sige, good.
30:44Sige, good.
30:45Sinabi ka agad, no?
30:46Sige, good.
30:47Okay, let me, let me explain.
30:49Sige.
30:49Doon sa, doon sa, ano, no, sa inflation for bottom 30%,
30:53we continue to provide this information.
30:56Kasi, yung ating mga, mga, mga, mga, mga vulnerable population that they cannot afford.
31:03So, ano ba yung, ano ba yung ating, ah, papano ba natin sila may insure na they will be all,
31:11also be, be insuring na mapaplano din nila doon sa ating, sa ating mga, ah, kanilang mga expenditures in the future.
31:18So, sinasabi dito, 3.1, actually, mas mabagal po ang increase ng prices of the goods and services na binibili ng ating bottom 30% income households.
31:29While, mas mataas po ang pagtakbo ng prices kasi 4.1% po siya.
31:35Pero, dito sa, dito sa, sa bottom 30% income households, sinasabi dito na mataas ang kanyang share doon sa inflation of 3.1%
31:46compared with, ah, those na lahat, no, kasama ang rich.
31:5198.9% po, sinasabi, ito po yung kanyang share doon sa 3.3% niya.
31:57Pero, sinasabi dito, may increase po tayo, may share po tayo ng 0.03% lang of the 3.3% yung ating health.
32:06So, ito nandito yung ating mga expenses related to, ah, bottom 30%.
32:11So, lumalabas po siya na nag-contribute siya sa, ang kanyang health expenditure, yung ating health items,
32:19so, ah, for, for, ah, bottom 30% ng 0.3% po.
32:25Yun po yung ating, ah, difference of those, all, all income households compared with bottom 30%.
32:32And to our viewers, we will be sharing this very good information because I also like when you pointed out earlier,
32:38na for all income households, that's the 4.1%.
32:42But if we look at those in the bottom 30% income households, inflation is actually 3.3%, which is lower.
32:51Lower, yes.
32:52Okay, the usual question man said is, how does inflation impact more, no, those who are in the bottom income?
33:00And in this context, it actually looks like the impact is lesser on them, no, in the bottom 30% income households,
33:08which is also another good insight.
33:12So, we will be sharing more of this, no, to our viewers also after Beyond the Headlines.
33:18So, Sigig, you've mentioned earlier that we're back, which is good, from the, we're, from the pre-pandemic levels.
33:26And then we also experienced some challenges, but I think the reflection of this would still be on the succeeding months, no?
33:32Not necessarily now, because, because it's a monthly reckoning.
33:37But through time, how resilient, no, do you think is Cebu economy in general?
33:44Based on, I will just be sticking to the data being issued by, as I mentioned to the provincial product accounts,
33:51but I don't have the exact data, no, for the provincial product accounts.
33:56In one year time, as I mentioned earlier, we were able to recover during the pandemic,
34:01and that's a good signal.
34:02That, sabi ko nga, during the provincial product accounts, I also believe, no, Confedal, personally,
34:07based on the trend of the data that we have observed, I also believe that with the collaboration,
34:15kasi, ibig sabihin, talaga strong ang collaboration dito sa Central Visayas,
34:19because in just one year time, we were able to recover the pre-pandemic levels.
34:23So, ganun din yung ina-expect ko, personally, ganun din yung ina-expect ko na mangyayari dito sa Central Visayas.
34:28You know, with the news, with, you know, marami talagang mga tulong sa atin,
34:33and that we have been this, Filipinos are really resilient.
34:38And we, and I'm very personally confident, no, in my opinion, personally, that it's really,
34:45we will be able to recover immediately with this disaster that we have experienced.
34:50So, before we wrap up the conversation today, which I also am enjoying,
34:56because I'm getting more, kind of, practical applications also on what's beyond the numbers.
35:04So, looking ahead, what gives you hope, you know, given what's happening now,
35:12like the disasters and also the situation that the country is really in,
35:16what gives you hope about the economic future of Cebu and Central Visayas?
35:21Okay, we don't project for PSA, but this is my personal observations.
35:28And hope.
35:29And hope.
35:30And, you know, when, kasi ngayon, by the way, we are celebrating the 36th National Statistics Month.
35:36Oh.
35:36And we are focusing on the Sustainable Development Goals.
35:40Yes.
35:41So, for Central Visayas, I would like also to emphasize,
35:44of all the 46 measurable Sustainable Development Indicators Goals, SDG Indicators,
35:53is Central Visayas 11 na lang po ang regressing.
35:56Ah.
35:57And, we are lower than the national in terms of the regressing indicators.
36:04And that, ibig sabihin nun, with this data, masasabi natin, na I'm hope, I'm know,
36:11that we will be progressing, this is a shared responsibility,
36:18hindi lang ito PSA, hindi lang private sector, media, of course,
36:21nandyan lahat yung civil society, nandyan lahat yung ating local government units
36:26and national government agencies to ensure, and of course, our commitment of ensuring
36:31five years from now, all the indicators we will be achieving.
36:34With God's grace.
36:35With God's grace.
36:36That's supposed to be my last question.
36:38But anyhow, I'm also seeing that you have your team here, Bob.
36:41Just in case we have young people who are watching with us today,
36:44how can they have a career, no, in statistics with PSA?
36:48Sige, I think that's my final question again.
36:50Now, I will be aligning again the team of the National Statistics Month.
36:56And the main, no, the real why we are doing this is really to appreciate statistics
37:04and data is live, you know.
37:08Data for evidence data, statistics would really help us formulate good policies,
37:17good programs.
37:18Tapos, matatarget talaga natin with the data.
37:21Hindi ito yung turo-turo lang, hindi ito yung kung ano lang yung na-fulfill natin,
37:28or hindi ito yung kung ano lang yung naiisip.
37:30We have data statistics and that we would encourage our public, yung mga youngs,
37:37to complete statistics courses.
37:41I mean, hindi lang naman talaga BSTAT.
37:43And do it by heart, no?
37:44Yeah.
37:45Hindi lang naman kailangan BSTAT.
37:47We also have, we need also mga economists.
37:51We also have mga computer science.
37:54Sa office namin sa Philippine Statistics Authority,
37:57ano to, various mga courses kami, kasi mayroon kami,
38:01kasi we also engage in mapping.
38:04So, we need also mga geographers.
38:07No, we also need mga information technology, computer science, economics,
38:11and of course, number one is BSTAT.
38:15And of course, math.
38:16Although, I'm not, we, kami, we are not BSTAT.
38:20But although we've studied statistics, we've also, ako, I have also my demography.
38:26But this would really help also.
38:29In fact, kung bakit kailangan ipromote ko yung statistics,
38:34kasi nire-require na po namin,
38:36if you are familiar with the community-based monitoring system,
38:39ang requirement po namin is dapat may mga designated statisticians po dati,
38:44na yung ating mga local government units.
38:47So, go na tayo sa BSTAT or any courses related.
38:52Na may maraming stat.
38:54And I would actually agree with the call to action,
38:57because as they say, the fundamentals of economics have also evolved.
39:03Because in the past, it was land, labor, capital.
39:06And then there was oil.
39:08And in this generation, there's already data.
39:10Yes.
39:10So, thank you very much, RD Wilma, for joining us today.
39:16It's supposed to be lunchtime for you and your team,
39:19but you decided to be here and to help our viewers better appreciate inflation
39:26and other numbers when they see one and when they report it.
39:30So, we're very grateful to have you here today.
39:33We're also very thankful for PSA.
39:35In behalf of PSA, I would like also to thank DJ and your program
39:38of helping also PSA disseminate our official statistics.
39:43Thank you very much for all your help.
39:45And helping also, you know, we need people, media,
39:49to ensure na ma-appreciate po yung ating mga data na prino-provide po ni PSA.
39:55Thank you very much.
39:56Yes.
39:58And that wraps up this edition of Beyond the Headlines.
40:02We hope today's conversation helps shed light on the bigger picture behind the story.
40:09And we'd like to thank our guest, Director Wilma A. Perrante,
40:13for helping us connect the dots in ways that matter.
40:17I'm DJ Moises.
40:18Thank you and good afternoon.
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