Note:  Graph and Press Release are for illustration only. Updated figures can be found in the downloadable MSExcel tables below:
cpi

 
Updated CPI files:
  Consumer Price Index, Inflation Rate, Monthly Percent Change
  Consumer Price Index for All Income Households
  CPI by Commodity Group

 
EXPLANATORY NOTES

The Philippine Statistics Authority generates and announces the monthly Consumer Price Index (CPI) based on a nationwide survey of prices for a given basket of goods and services. Two important indicators, the inflation rate and purchasing power of the peso (PPP), are derived from the CPI which are important in monitoring price stability and the value of the country’s currency.

The Consumer Price Index (CPI) is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year.  It shows how much on the average, prices of goods and services have increased or decreased from a particular reference period known as based year.

Inflation Rate refers to the rate of change in the average prices of goods and services typically purchased by consumers.

Headline Inflation is the rate of change in the weighted average prices of all goods and services in the CPI basket while Core Inflation refers to the rate of change in the CPI which excludes the following item/commodity groups: rice, corn, fruits and vegetables, and fuel items.

The Purchasing Power of the Peso (PPP) indicates the value of the peso in the period under review as compared to the value of the peso in the base period.  Hence, a P1.00 in 2006  worth only P0.59 in July 2016 (or  that the same amount of goods and services that can be bought with P59 in 2006 can be bought with P100 in July 2016).




 
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