Price Indices

Summary Inflation Report Consumer Price Index (2000=100) : July 2006

The year-on-year headline inflation rate in the Philippines at 6.4 percent in July was the lowest rate recorded since July 2004. The continued slowing down of the inflation rate of the heavily weighted food, beverages and tobacco (FBT) items primarily contributed to the downtrend. Slower annual movements posted in the inflation rates of housing and repairs (H&R) and services were also registered this month. Inflation a year ago was 7.1 percent.

Summary Inflation Report Consumer Price Index (2000=100) : August 2006

The year-on-year headline inflation rate in the Philippines further slowed down to 6.3 percent in August from 6.4 percent in July mainly brought about by the slower annual price movement of fuel, light and water (FLW). Moreover, lower inflation rates in services and miscellaneous items also contributed to the downward trend. Inflation a year ago was 7.2 percent.

Summary Inflation Report Consumer Price Index (2000=100) : September 2006

The year-on-year headline inflation rate at the national level continued to slowdown as it registered a rate of 5.7 percent in September from 6.3 percent in August. This was due to the slower annual price increases in all the commodity groups except for clothing. The figure was the lowest inflation rate since June 2004 (5.4%). Inflation a year ago was 7.0 percent.

Summary Inflation Report Consumer Price Index (2000=100) : October 2006

The year-on-year headline inflation rate at the national level further decelerated to 5.4 percent in October from 5.7 percent in September. The slower annual inflation rates posted in the indices of the commodity groups except for food beverage and tobacco (FBT) and housing and repairs (H&R) brought about the downtrend. Inflation a year ago was 7.0 percent.

Summary Inflation Report Consumer Price Index (2000=100) : December 2006

The country’s year-on-year headline inflation rate further decelerated to 4.3 percent in December from 4.7 percent in November mainly due to the slowdown in the inflation rates of food, beverages and tobacco (FBT) and fuel, light and water (FLW). This was the lowest inflation rate since March 2004 (4.2%). Inflation a year ago was 6.7 percent.

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