Inflation Rate 2016 Mar

Mar 2016 Php Inflation

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Inflation slows to 2.1% in August

INFLATION continued to decelerate in August, the National Statistics Office (NSO) reported this morning, due to declines in housing and utility rates.

Prices inched up by 2.1% last month, the lowest since August 2009, pulling down the year-to-date inflation rate to 2.8%.

Inflation came in at 2.5% in July and 3.8% in August the year before.

The latest inflation results open room for more easing by the Bangko Sentral ng Pilipinas, which has set an inflation target of 3-5% for this year.

In a statement, NSO said it had noted a decrease in the housing, water, electricity, gas and other fuels index.

“Contributing also to the downtrend were the slower annual increments in the indices of food and non-alcoholic beverages; alcoholic beverages and tobacco; clothing and footwear; furnishing, household equipment and routine maintenance of the house; and transport,” it said.

2013 Aug Philippines Inflation Rate

source http://www.tradingeconomics.com/philippines/inflation-cpi

PHILIPPINE INFLATION RATE

The inflation rate in Philippines was recorded at 2:50 percent in July of 2013. Inflation Rate in Philippines is reported by the The National Statistics Office (NSO). Philippines Inflation Rate averaged 8.98 Percent fron 1958 until 2013, reaching an all time high of 62.80 Percent in September of 1984 and a record low of -2.10 Percent in January of 1959. In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent). The index also includes health (3 percent), education (3 percent), clothing and footwear (3 percent), communication (2 percent) and recreation and culture (2 percent). Alcohol beveragesd, tobacco, furnishing, household equipment, restaurants and other goods and services account chart, statistics, economic calendar and news. 2013-08-07

 

Philippines Inflation Rate Aug 2013

Inflation slows down in March

Inflation slows down in March

ABS-CBNnews.com
Posted at 04/05/2013 11:58 AM | Updated as of 04/05/2013 11:59 AM
MANILA — The country’s inflation rate slowed to 3.2 percent in March, below market forecasts.
It’s also lower than the 3.4 percent recorded in February as oil, food and utility costs declined.
Analysts noted the March inflation is within the Bangko Sentral ng Pilipinas’ forecast range of 2.8-3.7 percent, reinforcing beliefs the central bank will leave interest rates unchanged at a record low of 3.5 percent at its next meeting on April 25.
Mornings@ANC, April 5, 2013