This gives a general inflation rate by an annual average of 5. In January the All Urban general index is established at In annual change it increased by 1. This gives a general inflation rate by an annual average of 2. In February the All Urban general index is established at No movement was seen in the communication index and education index.
While the recreation and culture index had a higher monthly rate of 0. Twelve regions had lower monthly rates with the lowest monthly rate seen in Central Luzon at Northern Mindanao had the highest rate at 0. Among the three big areas of the country, prices of consumer items in Luzon generally moved slower compared to Visayas and Mindanao areas.
By Commodity Group, Month-on-Month. At the national level, prices of consum er items generally went down by The heavily weighted food and non-alcoholic beverages index dropped by A slower increase was also posted in restaurants and miscellaneous goods and services index at 0. On the other hand, the monthly gain in furnishing, household equipment and routine maintenance of the house index was higher at 0.
The rest of the commodity groups had zero growths. The biggest decrease of Sufficient supply of rice in the markets brought about the downtrend, hence, the index declined by Sufficient deliveries of vegetables in the NCR markets coming from the nearby provinces pushed down their prices during the month. Likewise, prices of vegetables also went down in many regions.
Thus, the vegetables index in the Philippines decreased by The national index for oils and fats dropped b y With the continued price reduction in sugar, the index for sugar, jam, honey, chocolate and confectionery further went down in the three areas: Philippines, The price declines in common spices and seasonings primarily pushed down the index for food products not elsewhere classified and in NCR, The national index went down by Higher demand for sea foods and selected fish species for the Christmas and New Year celebrations generally raised the fish index in the Philippines by 0.
This index is elaborated with , prices from articles, of 29, establishments informed distributed in municipalities in the whole country. The data collection is carried out via personal visit to the establishments on the corresponding dates. Moreover, data is collected by telephone, fax and email.
In some articles tariffed articles information is obtained from the corresponding official publications. The first price indices that were calculated in Spain go back to and these served as a base to establish the first Quality of Life Indices System that was maintained in force until December Summary Forecast Stats Download.
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