Seasonally Adjusted Consumer Price Index (2018=100): April 2022

Reference Number: 2022-192
Release Date: 05 May 2022
 

1. Philippines

The monthly growth of the seasonally adjusted CPI for all items at the national level remained at 1.0 percent in April 2022.

Higher monthly increments were noted in the seasonally adjusted CPI for the following commodity groups:

          a. Alcoholic beverages and tobacco, 1.8 percent from 0.8 percent;
          b. Clothing and footwear, 0.3 percent from 0.2 percent;
          c. Furnishing, household equipment and routine household maintenance, 0.3 percent from 0.2 percent;
          d. Education services, 0.2 percent from zero growth;
          e. Restaurant and accommodation services, 0.3 percent from 0.2 percent; and
          f.  Personal care and miscellaneous goods and services, 0.3 percent from 0.2 percent.

On the other hand, slower monthly increments were observed in the seasonally adjusted CPI for food and non-alcoholic beverages at 0.7 percent, from 1.3 percent; non-food at 0.7 percent, from 1.0 percent; and housing, water, electricity, gas, and other fuels at 0.5 percent, from 1.4 percent.

Furthermore, the monthly growth of the deseasonalized CPI for health remained at 0.2 percent.

The seasonal factor such as the degree of demand of selected commodities during the season pushed up the indices for the following:

          a. All items;
          b. Food and non-alcoholic beverages;
          c. Alcoholic beverages and tobacco
          d. Non-food;
          e. Housing, water, electricity, gas, and other fuels;
          f.  Furnishings, household equipment and routine maintenance of the house;
          g. Personal care and miscellaneous goods and services.

On the other hand, the seasonal factor pushed down the indices for health and education services, while it did not affect the indices for clothing and footwear and restaurant and accommodation services. (Table 1)
 

2. National Capital Region (NCR)

The monthly increment of the deseasonalized CPI for all items in NCR decelerated to 0.7 percent in April 2022, from 1.0 percent in March 2022.

Slower month-on-month growth rates were also noted in the seasonally adjusted CPI for the following commodity groups:

          a. Food and non-alcoholic beverages, 1.3 percent from 1.9 percent;
          b. Non-food, 0.2 percent from 0.7 percent;
          c. Housing, water, electricity, gas, and other fuels, 0.1 percent from 0.8 percent;
          d. Health, 0.1 percent from 0.2 percent; and
          e. Personal care and miscellaneous goods and services, 0.2 percent from 0.5 percent.

On the contrary, higher monthly upticks of the seasonally adjusted CPI was observed for alcoholic beverages and tobacco at 1.5 percent from its corresponding previous month’s rate of 0.3 percent.

In addition, the monthly growth of the seasonally adjusted CPI remained for clothing and footwear at 0.1 percent; furnishing, household equipment and routine household maintenance at 0.4 percent; and restaurant and accommodation services at -0.1 percent.

Furthermore, zero growth rates on the seasonally adjusted CPI were observed for information and communication and education services.

The seasonal factor such as the degree of demand for selected goods and services during the season pushed up the indices for the following:

          a. All items;
          b. Alcoholic beverages and tobacco;
          c. Non-food;
          d. Clothing and footwear;
          e. Housing, water, electricity, gas, and other fuels;
          f.  Furnishings, household equipment and routine maintenance of the house; and
          g. Personal care and miscellaneous goods and services.

Meanwhile, this seasonal factor pushed down the indices for food and non-alcoholic beverages; education services; and restaurant and accommodation services.  However, it did not affect the indices of health and information and communication. (Table 2)
 

3. Areas Outside National Capital Region (AONCR)

The monthly increment of the seasonally adjusted CPI for all items in AONCR inched up to 1.1 percent in April 2022, from 0.9 percent in March 2022.

Faster month-on-month growth rates were noted in the deseasonalized CPI for the following commmodity groups:

          a. Alcoholic beverages and tobacco at 1.9 percent, from 0.8 percent;
          b. Clothing and footwear at 0.3 percent, from 0.2 percent;
          c. Information and communication at 0.1 percent, from zero growth;
          d. Restaurant and accommodation services at 0.4 percent, from 0.3 percent; and
          e. Personal care and miscellaneous goods and services at 0.3 percent, from 0.2 percent.

In contrast, the monthly growth rate of the seasonally adjusted CPI was lower for the following commodity groups:

          a. Food and non-alcoholic beverages at 0.6 percent, from 1.0 percent;
          b. Non-food at 0.8 percent, from 1.1 percent;
          c. Housing, water, electricity, gas, and other fuels at 0.7 percent, from 1.5 percent;
          d. Furnishing, household equipment and routine household maintenance at 0.2 percent, from 0.3 percent; and
          e. Health at 0.1 percent from 0.2 percent.

Meanwhile, the deseasonalized CPI for education services remained at 0.1 percent.

The seasonal factor like the degree of demand for selected goods and services during the season pushed up the indices for the following:

          a. All items;
          b. Food and non-alcoholic beverages;
          c. Alcoholic beverages and tobacco;
          d. Non-food;
          e. Housing, water, electricity, gas, and other fuels;
          f.  Furnishing, household equipment and routine household maintenance;
          g. Restaurant and accommodation services; and
          h. Personal care and miscellaneous goods and services.

On the other hand, the seasonal factor pushed down the index for education services but did not affect the indices of clothing and footwear, health, and information and communication. (Table 3)
 

DENNIS S. MAPA, Ph.D.
Undersecretary
National Statistician and Civil Registrar General

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