NSCB - Latest Designated Statistics 2006 - Headline Inflation Rate Decelerates to 5.7 Percent in September 2006

Headline Inflation Rate Decelerates to 5.7 Percent in September 2006

(posted 12 October 2006)

As reported by the National Statistics Office (NSO), the year-on-year headline inflation for all items in the Philippines based on the consumer price index (CPI) for September 2006 was 5.7 percent. This is a decline from the 7.0 percent recorded in September 2005 and the lowest since June 2004. The headline inflation rates for September 2006 for the National Capital Region (NCR) and areas outside NCR were 6.2 percent and 5.5 percent, respectively. Meanwhile, the Philippine core inflation rate for September 2006 was 5.0 percent.

In NCR, the seasonally-adjusted CPI for food, beverages and tobacco (FBT) in September 2006 decreased by 0.3 percent compared to the previous month, while the index for non-FBT items increased by 0.1 percent. In areas outside NCR, the seasonally-adjusted CPI for FBT and non-FBT items in September 2006 both slightly increased by 0.1 percent and 0.2 percent, respectively.

The generation of the inflation rates based on the CPI and the generation of seasonally-adjusted CPI are designated statistical activities of the NSO under Executive Order 352, Designation of Statistical Activities That Will Generate Critical Data for Decision-Making of the Government and the Private Sector, issued on July 1, 1996. Per the EO, data on CPI and seasonally-adjusted CPI should be made available five days and ten days, respectively, after the reference month. The CPI uses 2000 as base year. For further inquiries, please contact Ms. Rosie B. Sta. Ana, Chief of the Economic Indicators and Indices Division of the NSO, at telefax numbered 716-39-35 or e-mail address R.Staana@census.gov.ph

View details at the NSO Website

Glossary of statistical terms on Prices
Tables on Prices


E-mail the webmaster	Terms of Use	Home • Top of Page
	1997-2009, National Statistical Coordination Board Makati City, Philippines