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 |
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