NSCB - 1st Quarter 2009 National Accounts - Personal Consumption Expenditure (PCE)

First Quarter 2009
Gross National Product &
Gross Domestic Product by Expenditure Shares

Personal Consumption Expenditure weakens

On the expenditure side, the continued rise in prices resulted in lower consumer spending at 0.8 percent from 5.1 percent a year ago.

Food expenditures, which accounted for 53.9 percent of total PCE, grew by 2.8 percent from 5.1 percent registered in 2008. The expenditure items that recorded higher growths compared to the previous year were: Transportation and Communication, 4.1 percent from 12.2 percent; Household operations, 2.7 percent from 2.8 percent; Miscellaneous expenses, 1.1 percent from 5.0 percent; Fuel, light and water, 2.8 percent from 1.1 percent; and, Household furnishings, 0.7 percent from 11.3 percent.

On the other hand, the following expenditures posted decelerated growths: Clothing and footwear, negative 24.8 percent from 4.9 percent; Tobacco, negative 38.7 percent from negative 6.8 percent; and, Beverages, negative 11.0 percent from 2.9 percent.

PERSONAL CONSUMPTION EXPENDITURE
1st Quarter 2008 and 1st Quarter 2009
AT CURRENT AND CONSTANT 1985 PRICES, IN MILLION PESOS

At Constant 1985 Prices

ITEM	Q1 2008	Q1 2009	Growth Rate (%)
PERSONAL CONSUMPTION EXPENDITURE	253,744	255,795	0.8
1. Food	134,327	138,114	2.8
2. Beverages	4,594	4,089	-11.0
3.Tobacco	4,530	2,778	-38.7
4. Clothing and footwear	7,479	5,624	-24.8
5. Fuel,light and water	8,927	9,177	2.8
6. Household furnishings	6,516	6,560	0.7
7. Household operations	22,005	22,590	2.7
8. Transportation/comm.	25,828	26,891	4.1
9. Miscellaneous	39,538	39,971	1.1

At Current Prices

ITEM	Q1 2008	Q1 2009	Growth Rate (%)
PERSONAL CONSUMPTION EXPENDITURE	1,164,463	1,268,233	8.9
1. Food	520,150	601,324	15.6
2. Beverages	18,054	16,950	-6.1
3. Tobacco	15,078	9,605	-36.3
4. Clothing and footwear	22,721	17,678	-22.2
5. Fuel,light and water	50,255	50,402	0.3
6. Household furnishings	15,391	15,791	2.6
7. Household operations	119,739	131,872	10.1
8. Transportation/comm.	138,085	141,758	2.7
9. Miscellaneous	264,991	282,852	6.7

PERSONAL CONSUMPTION EXPENDITURE
Annual 2008 and 2007
AT CURRENT AND CONSTANT 1985 PRICES, IN MILLION PESOS

INDUSTRY/ INDUSTRY GROUP	AT CURRENT PRICES			AT CONSTANT PRICES
INDUSTRY/ INDUSTRY GROUP	2007	2008	Growth Rate (%)	2007	2008	Growth Rate (%)
PERSONAL CONSUMPTION EXPENDITURE	4,611,884	5,281,072	14.5	1,058,176	1,107,569	4.7
1. Food	2,077,723	2,471,897	19.0	570,197	596,624	4.6
2. Beverages	76,367	82,670	8.3	20,877	21,438	2.7
3. Tobacco	70,317	76,554	8.9	20,574	21,519	4.6
4. Clothing and footwear	94,950	103,609	9.1	31,975	33,473	4.7
5. Fuel,light and water	224,459	241,278	7.5	40,013	40,337	0.8
6. Household furnishings	58,849	69,636	18.3	25,241	29,230	15.8
7. Household operations	441,872	471,355	6.7	87,321	89,395	2.4
8. Transportation/comm.	517,215	618,084	19.5	99,456	107,702	8.3
9. Miscellaneous	1,050,132	1,145,990	9.1	162,522	167,851	3.3

Source: National Statistical Coordination Board (NSCB)

Posted 28 May 2009


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