• Year-on-Year Inflation Rates Philippines, All Items

r - revised

• Month-on-Month Inflation Rates Philippines, All Items

• Series	May	April
  1994-based	1.3	0.6r
  1988-based	1.3	0.7

  • r - revised

• By Commodity Group, Year-on-Year
• All the commodity groups registered higher inflation rates except for that of services whose 15.8 percent in May dipped slightly from 15.9 percent in April. The rates for food, beverages and tobacco (FBT) increased to 7.6 percent from 5.4 percent; housing and repairs (H&R), 11.5 percent from 10.8 percent; miscellaneous items, 7.2 percent from 6.7 percent; fuel, light and water (FLW), 7.0 percent from 6.1 percent; and clothing, 5.8 percent from 5.5 percent.
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  • The inflation rate for food alone rose to 7.8 percent in May, which was higher than the 5.5 percent posted in April. Year-on-year rates for rice went up to 2.6 percent from 1.6 percent; corn, 3.7 percent from 0.2 percent; cereal preparations, 9.5 percent from 8.9 percent; dairy products, 12.4 percent from 12.2 percent; fish, 10.4 percent from 8.1 percent; fruits and vegetables, 18.6 percent from 9.2 percent; meat, 6.5 percent from 4.5 percent; miscellaneous foods, 6.2 percent from 5.7 percent; and meals eaten outside, 4.6 percent from 4.4 percent. However, a slightly slower rate was seen in the price of eggs, 4.8 percent from 4.9 percent.
• In Metro Manila, inflation for all the commodity groups were higher in May compared to April. FBT was higher by 4.7 percentage points; services, 0.3 percentage point; H&R, 1.2 percentage points, miscellaneous items, 1.3 percentage points; FLW, 2.0 percentage points; and clothing, 0.2 percentage point.
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  • The inflation for food alone in MM went up to 9.6 percent from 4.5 percent in April. Higher rates were posted in the prices of rice, 2.4 percent from -0.1 percent; dairy products, 11.9 percent from 11.7 percent; fish, 19.0 percent from 9.4 percent; fruits and vegetables, 27.8 percent from 5.5 percent; and meat, 10.0 percent from 5.3 percent. However, slower rates were recorded in the prices of corn, 4.5 percent from 6.4 percent; cereal preparations, 5.5 percent from 5.8 percent; eggs, 2.7 percent from 3.0 percent; and miscellaneous foods, 2.4 percent from 2.7 percent.
• For areas outside Metro Manila (AOMM), all the commodity groups registered higher inflation rates except for services which posted a slower rate by 0.2 percentage point. The rates for FBT increased by 1.6 percentage points; FLW, 0.5 percentage point; and H&R, miscellaneous items, and clothing, 0.3 percentage point.
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  • The inflation rate for food alone rose to 7.3 percent from 5.7 percent.
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  • The inflation rate for rice moved up to 2.7 percent from 1.9 percent last April. Twelve regions posted higher rates; the biggest was 4.4 percentage points in Ilocos.
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  • Inflation rates for fruits and vegetables were in double-digit figures in all the regions except in Bicol. The same was observed for dairy products excluding Ilocos and Eastern Visayas.
• By Region, Year-on-Year
• The inflation rate for Metro Manila went up to 10.9 percent in May from 8.4 percent last month.
• AOMM registered a rate of 8.6 percent from 7.5 percent in April. The biggest increment was noted in Eastern Visayas at 1.8 percentage points followed by Western Mindanao at 1.6 percentage points. The Autonomous Region of Muslim Mindanao (ARMM) posted the highest inflation rate at 14.8 percent while Western Visayas region recorded the lowest rate at 6.9 percent.
• By Commodity Group, Month-on-Month
• Higher month-on-month inflation rates were registered in FBT at 1.9 percent from 0.9 percent; H&R, 0.8 percent from 0.7 percent; services, 0.4 percent from 0.2 percent; and clothing, 0.4 percent from 0.2 percent. A slowdown was noted in miscellaneous items at 0.5 percent from 0.6 percent while FLW remained at 0.2 percent.
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  • The price of rice declined in May at -0.3 percent from a zero growth in April. Eight regions posted negative month-on-month changes ranging from -0.3 percent (Southern Mindanao) to -2.4 percent (Southern Tagalog). The highest rate was noted in Ilocos at 1.7 percent. In MM, the price of rice increased by 1.2 percent.
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  • Corn prices moved up by 4.0 percent in May from 1.4 percent in April as MM and AOMM indices for corn increased correspondingly by 0.2 percent and 4.0 percent in April.
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  • Cereal preparations remained at its April rate of 0.6 percent in the national level and 0.7 percent in AOMM as prices of flour, bread, noodles continued to increase in most of the regions. In MM, prices of cereal preparations also increased by 0.1 percent, slower than the 0.3 percent last month.
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  • The dairy products index was still on the uptrend but at a slower rate compared in April as the national and AOMM indices posted a 0.4 percent growth from 0.6 percent last month. In MM, the price increase of dairy products remained at 0.2 percent.
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  • Prices of eggs in the Philippines and AOMM went down to -0.1 percent from 0.2 percent in April. In MM, prices of eggs moved at the same rate of 0.1 percent in April.
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  • Fish prices went up in MM by 8.7 percent and in AOMM by 0.7 percent resulting in a 1.9 percent increase for the Philippines.
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  • The fruits and vegetables index moved up by 8.6 percent in the Philippines, 25.1 percent in MM and 4.9 percent in AOMM as supply went low due to the long dry spell.
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  • Higher prices of chicken and pork in MM and in most of the regions triggered by a bigger demand caused the meat index to increase by 3.3 percent in the Philippines, 8.0 percent in MM and 1.3 percent in AOMM.
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  • The miscellaneous foods index rose by 0.7 percent. This was due to the increase in the prices of sugar, cooking oil, calamansi, seasonings, ginger and garlic.
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  • Meals eaten outside slowed down to 0.1 percent in the Philippines and 0.2 percent in AOMM.
• The H&R national index recorded a 0.8 percent increment due to increases in rentals and prices of construction materials like cement, plywood, lumber, gravel and bamboo.
• Services posted an increase of 0.6 percent in MM and 0.3 percent in AOMM resulting to a 0.4 percent increase in the national level. This was brought about by the increase in the prices of medicines and school supplies.
• Increases in the prices of bath soap, laundry soap, cleanser, toothpaste and hair shampoo along with those of household furnishings and appliances raised the miscellaneous items group by 0.5 percent.
• The clothing index posted a 0.4 percent increment in the Philippines and AOMM and 0.3 percent in MM. This was due to the increase in the prices of ready-made apparel and footwear along with higher sewing charges.
• The FLW index in AOMM increased by 0.3 percent due to the rise in the prices of firewood, charcoal and the higher charge for electricity in many regions while a zero growth was registered in MM. This resulted in a 0.2 percent increase in the national level in May.
• By Region, Month-on-Month
• Prices in MM were up by 2.6 percent in May from 1.0 percent last April. Higher rates were recorded in FBT, 4.0 percentage points; services, 0.8 percentage point; and miscellaneous items, 0.6 percentage point. On the other hand, clothing and H&R remained at 0.3 percent and 1.1 percent, respectively, while zero growth was recorded in FLW.
• In AOMM, prices increased by 0.8 percent in May from 0.6 percent last month. Four of the commodity groups registered higher rates, i.e. FBT, 0.3 percentage point; clothing, 0.2 percentage point; H&R and FLW, 0.3 percentage point. Inflation in miscellaneous items was lower by 0.2 percentage point. Eight regions posted higher month-on-month rates with the highest rate recorded in Southern Mindanao at 1.4 percent while the lowest was in Southern Tagalog at 0.2 percent.

• By Commodity Group, Year-on-Year
• All the commodity groups registered higher inflation rates. The rates for food, beverages and tobacco (FBT) increased to 8.9 percent from 7.1 percent; housing and repairs (H&R), 13.0 percent from 12.3 percent; miscellaneous items, 8.8 percent from 8.2 percent; fuel, light and water (FLW), 5.0 percent from 4.4 percent; clothing, 8.3 percent from 7.9 percent; and services, 15.9 percent from 15.6 percent..
• In Metro Manila (MM), inflation for all the commodity groups were higher in May compared to April. FBT was higher by 3.6 percentage points; FLW, 2.1 percentage points; H&R, 1.2 percentage points; services and miscellaneous items, 0.9 percentage point; and clothing, 0.8 percentage point.
• For areas outside Metro Manila (AOMM), all the commodity groups registered higher inflation rates except for FLW which decreased by 0.1 percentage point and services which posted zero growth rate. The rates for FBT increased by 1.3 percentage points; miscellaneous items, 0.6 percentage point; H&R, 0.5 percentage point; and clothing, 0.3 percentage point.
• By Region, Year-on-Year
• The inflation rate for Metro Manila went up to 11.6 percent in May from 9.4 percent last month.
• AOMM registered a rate of 9.6 percent from 8.7 percent in April.
• By Commodity Group, Month-on-Month
• Higher month-on-month inflation rates were registered in FBT at 1.8 percent from 0.8 percent; services, 0.6 percent from -0.1 percent clothing, 0.6 percent from 0.3 percent; FLW, zero growth from -0.2 percent; and H&R, 0.8 percent from 0.7 percent. There was no discernible change from April to May in miscellaneous items at 0.7 percent.
• The H&R national index recorded a 0.8 percent increase due to increases in rentals and prices of construction materials like cement, plywood, lumber, gravel and bamboo.
• Services posted an increase of 1.1 percent in MM and 0.3 percent in AOMM resulting in a 0.6 percent increase in the national level. This was brought about by the increase in the prices of medicines and school supplies.
• Increases in the prices of bath soap, laundry soap, cleanser, toothpaste and hair shampoo along with those of household furnishings and appliances raised the miscellaneous items group in AOMM by 0.7 percent. However it slowed down to 0.6 percent in MM from 1.0 percent in April. This resulted in a national inflation rate of 0.7 percent which was the same as in April.
• The clothing index posted a 0.6 percent increase in the Philippines, and 0.5 percent in AOMM and 0.9 percent in MM. This was due to the increase in the prices of ready-made apparel and footwear along with higher sewing charges.
• The FLW moved to zero growth in April from -0.6 percent in AOMM due to the rise in the prices of firewood, charcoal and the higher charge for electricity in many regions while a slowdown to zero growth was registered in MM from 0.6 percent in April. This resulted in a zero growth from -0.2 percent in the national level in April.
• By Region, Month-on-Month
• Prices in MM were up by 2.3 percent in May from 0.8 percent last April. Higher rates were recorded in FBT, 4.1 percent in May from 1.4 percent in April; services, 1.1 percent from �0.8 percent; and clothing, 0.9 percent from �0.1 percent. On the other hand, miscellaneous items slowed down to 0.6 percent from 1.0 percent; H&R remained at 1.1 percent; and zero growth from 0.6 percent was recorded in FLW.
• In AOMM, prices increased by 0.9 percent in May from 0.5 percent last month. All commodity groups except for clothing registered higher rates, i.e. FLW, by 0.6 percentage point; FBT, by 0.5 percentage point; H&R, by 0.3 percentage point; services and miscellaneous items, by 0.1 percentage point. The inflation rate in clothing remained at 0.5 percent.

Source: National Statistics Office 
Philippines