Official Concept and Definition

Core Inflation (Operational Definition)

Definition

refer to the year-on-year rate of change of the monthly headline CPI after excluding food and energy items. Headline inflation is the rate of change in the overall consumer price index (CPI) currently published by the National Statistics Office (NSO).

Formula
PSS Agency PSA
Source/s

PSA

https://psa.gov.ph/
Indicators / Statistics Being Generated Prices
PSA Board Resolution PSA Board Resolution No 01, Series of 2017 - 095
https://psa.gov.ph/sites/default/files/PSA%20BOARD%20RESO%2001%202017.pdf
Statistical Domain Economic Statistics
Statistical Activity Prices

Official Concepts and Definitions

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