By Commodity Group, Year-on-Year

   By Region, Month-on-Month

   By Commodity Group, Month-on-Month

• The month-on-month inflation in the Philippines climbed 0.5 percent in June from 0.1 percent in May as food and non-alcoholic beverages index grew by 0.4 percent from zero percent. The indices for housing, water, electricity, gas, and other fuels and furnishing, household equipment and routine maintenance of the house also went up 0.6 percent from -0.1 percent and 0.4 percent, respectively and education index, 4.3 percent from zero growth. The rest of the commodity groups registered either slower monthly gains or retained their respective last month’s rate except in the transport index whose rate further dropped by -0.9 percent from -0.4 percent.

  • Upward adjustments in the prices of vegetables particularly garlic, onion, carrot, and radish in many regions including NCR raised the group’s index in the three areas during the month: Philippines, 1.9 percent from -0.8 percent; NCR, 3.0 percent from 0.1 percent; and AONCR, 1.7 percent from -1.0 percent.

  • With thirteen regions posting price increases in rice, the group’s index in AONCR inched up 0.3 percent and in the Philippines, 0.2 percent during the month. The biggest jump of 1.2 percent was observed in MIMAROPA. On the contrary, the rice index in NCR declined -0.1 percent.

  • Increments in the prices of tin can used in packing milk primarily pushed up prices of milk in most of the regions including NCR. Moreover, eggs and cheese were also priced higher in NCR and in many regions. Thus, the index for milk, cheese and egg in the Philippines went up 0.4 percent; NCR, 0.9 percent; and AONCR, 0.2 percent.

  • The meat index in the Philippines and AONCR rose 0.2 percent and in NCR, 0.3 percent. It resulted from higher prices of chicken and pork in selected regions including NCR during the month.

  • Prices of sugar were continuously higher in NCR and in selected regions. Thus, the index for sugar, jam, honey, chocolate and confectionery gained 2.2 percent in NCR; 0.8 percent in AONCR and 1.0 percent at the national level.

  • Lower price adjustments in common spices and seasonings pushed down the index for food products not elsewhere classified index in three areas: Philippines (-0.6% from 0.8%), NCR (-1.2% from 0.7%) and AONCR (-0.5% from 1.1%).

• The education index in the Philippines accelerated by 4.3 percent; NCR, 3.3 percent; and AONCR, 4.6 percent due to tuition fee hikes in June, the beginning of the school year.

• Increased rental rates and higher charges for electricity rates were noted in some regions including NCR. Hence, the index for housing, water, electricity, gas and other fuels in the Philippines moved up 0.6 percent from -0.1 percent; NCR, 1.0 percent from -0.6 percent; and AONCR, 0.4 percent from 0.1 percent. Higher prices of selected construction materials together with the upward adjustments in the services paid to carpenters, electricians, plumbers and painters in NCR and in some regions also contributed to the uptrend.

• With price increments in selected items for personal care and effects observed in some regions and in NCR, the index for restaurant and miscellaneous goods and services in the Philippines rose 0.2 percent; NCR, 0.1 percent; and AONCR, 0.3 percent. Prices of meals eaten outside the home also went up in selected regions.

• Upticks in the prices of some glassware and household items along with higher salary for household helper in NCR and in a few regions raised the index for furnishing, household equipment and routine maintenance of the house in the Philippines by 0.6 percent; NCR, 1.1 percent; and AONCR, 0.4 percent.

• Clothing and footwear items were priced higher during the month as demand increased due to the opening of school year. Thus, the group’s index for clothing and footwear went up in the three areas: Philippines, 0.5 percent; NCR, 0.8 percent; and AONCR, 0.4 percent.

• The index for recreation and culture in NCR climbed 0.7 percent; AONCR, 0.2 percent and at the national level, 0.3 percent. This was effected by the price gains in school supplies, textbooks, newspapers and magazines.

• The series of nationwide price reductions in petroleum products particularly gasoline and diesel resulted to the -0.9 percent drop in index for transport for the Philippines; -1.1 percent in NCR; and -0.9 percent in AONCR.

1. The second phase survey reports from Misamis Occidental and Sulu were not received as of July 5, 2012.

2. CPIs and inflation rates by province and selected city are also available upon request at NSO, Industry and Trade Statistics Department, Economic Indices and Indicators Division (Telephone Numbers: 716-39-35 and 715-33-47).