MISAMIS ORIENTAL — Government agencies in the neighboring island province of Camiguin are stepping up interventions to cushion the impact of rising fuel costs on the local economy, as transport-related price hikes begin to push inflation higher and dampen tourist arrivals.
Data from the Philippine Statistics Authority Camiguin showed the province’s inflation rate rose to 0.2 percent in March from -1.9 percent in February. While still the lowest in Northern Mindanao, PSA statistical specialist Marz Ramer Cabisada said transport costs remain the main driver, with the sector’s inflation jumping to 4.7 percent from a previous contraction of -7.7 percent.
“Because transport costs have increased, prices of other goods will inevitably follow,” Cabisada said, noting that as an island province, Camiguin remains highly dependent on shipments from the mainland.
Tourism and arrivals
The Provincial Tourism Department (PTD) reported a decline in visitor arrivals during the recent Panaad season. Supervising tourism operations officer Flor Colminas attributed the slowdown to the “global fuel crisis,” saying travel to the island — often involving multiple connections via Cagayan de Oro or Cebu — has become significantly more expensive.
To offset the downturn, PTD is rolling out its “Isle Visit Camiguin 2026” campaign, which features monthly events aimed at diversifying tourism offerings. Officials are also banking on the upcoming 5150 Camiguin International Triathlon to attract athletes and visitors.