BUTUAN CITY, June 11 -- The inflation rate in the Caraga Region slowed to 9.4 percent in May 2026 from 10.2 percent in April, driven mainly by lower fuel prices, the Philippine Statistics Authority (PSA-13) reported Thursday.

The May inflation rate remains significantly higher than the 0.6 percent recorded in May 2025. From January to May 2026, the average inflation rate in the region stood at 6.4 percent, according to officer-in-charge Regional Director Guillermo Lipio Jr.

The deceleration was attributed to the transport commodity group, which posted 22.9 percent in May compared to 27.6 percent in April. Lower fuel prices drove the slowdown, with diesel inflation declining to 64.8 percent from 126.7 percent in April, and gasoline fall...