Official Concept and Definition

Purchasing Power of the Peso

Definition

a measure of the real value of the peso in a given period relative to a chosen reference period. It is computed by getting the reciprocal of the CPI and multiplying the result by 100

Formula
PSS Agency PSA
Source/s

PSA

https://psa.gov.ph/ISSiP/concepts-and-definitions
Indicators / Statistics Being Generated Not applicable
PSA Board Resolution PSA Board Resolution No 01, Series of 2017 - 99
https://psa.gov.ph/article/nscb-executive-board-resolution-no-11-approving-and-adopting-official-concepts-and
Statistical Domain Economic Statistics
Statistical Activity Economic accounts

Official Concepts and Definitions

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