
CAR inflation eases to 4.6% in April 2010
The year-on-year headline inflation
rate for all items in the Cordillera Administrative Region (CAR) slowed
down from 5.1 percent in March 2010 to 4.6 percent in April 2010. This
was primarily due to the deceleration of Food, Beverages and Tobacco
(FBT) and other commodity groups during the period. The inflation rate
for FBT decelerated from 3.4 percent in March to 3.0 percent in April
while price movement eased for Fuel, Light and Water from 19.2 percent
to 15.6 percent and Services from 6.9 percent to 6.6 percent. The
inflation rate for Clothing moved-up by 0.2 percentage point to post 1.8
percent while Housing and Repairs grew by 0.3 percentage point to
register 3.6 percent. The price movement for Miscellaneous group
remained stable at 2.5 percent.
CAR recorded a Consumer Price Index
(CPI) for all items of 165.6 in April 2010. The National Statistics
Office prepares and publishes the CPI and the corresponding inflation
rates monthly
Page last updated: June 1, 2010 |