Official Concept and Definition
Headline Inflation (Conceptual Definition)
| Definition | measures changes in the cost of living based on movements in the prices of a specified basket of major commodities. It refers to the annual rate of change or the year-on-year change in the Consumer Price Index (CPI). |
| Formula |  |
| PSS Agency | PSA |
| Source/s | PSA https://psa.gov.ph/ISSiP/concepts-and-definitions |
| Indicators / Statistics Being Generated | Prices |
| PSA Board Resolution | PSA Board Resolution No 01, Series of 2017 - 095
https://psa.gov.ph/article/nscb-executive-board-resolution-no-11-approving-and-adopting-official-concepts-and |
| Statistical Domain | Economic Statistics |
| Statistical Activity | Prices |
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