Price Indices

Summary Inflation Report Consumer Price Index (2000=100) : October 2008

The country’s year-on-year headline inflation rate continued to decelerate at 11.2 percent in October from 11.8 percent in September brought about by the continued slowing down in the annual price increases of the heavily weighted food, beverages and tobacco (FBT) and services items. Inflation a year ago was 2.7 percent.

Summary Inflation Report Consumer Price Index (2000=100) : December 2008

The year-on-year headline inflation rate in the Philippines continued to decelerate as it settled to 8.0 percent in December from 9.9 percent in November. This was effected by the negative annual growth rate posted in the fuel, light and water (FLW) index and the continued slowing down in the annual price increases of the heavily weighted food, beverages and tobacco (FBT) and the services index. Inflation a year ago was 3.9 percent.

Summary Inflation Report Consumer Price Index (2006=100) : March 2012

The national annual headline inflation rate continued to decelerate to 2.6 percent in March from 2.7 percent in February. The indices of alcoholic beverages and tobacco; clothing and footwear; housing, water, electricity, gas and other fuels; transport; recreation and culture; and restaurants and miscellaneous goods and services posted slower annual increases during the month. Inflation in March 2011 was 4.8 percent.

Summary Inflation Report Consumer Price Index (2006=100) : February 2012

The annual headline inflation rate in the Philippines further settled downward to 2.7 percent in February from 4.0 percent in January. This was primarily due to the slowdown in the annual growth rate of the heavily-weighted food and non-alcoholic beverages index. Slower annual increments in all the other commodity groups except in health and recreation and culture indices were also noted during the month. Compared to February 2011, inflation declined by two percentage points. This is the lowest rate since October 2009.

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