Price Indices

Summary Inflation Report Consumer Price Index (2000=100) : May 2008

· The year-on-year headline inflation rate at the national level further jumped to 9.6 percent in May from 8.3 percent in April, the highest inflation since January 1999 (10.5%). This was primarily triggered by the continuing higher annual price increases in the heavily-weighted food, beverages and tobacco (FBT) index. The rest of the commodity groups also posted higher inflation rates during the month. Inflation a year ago was 2.4 percent.

Summary Inflation Report Consumer Price Index (2000=100) : June 2008

The year-on-year headline inflation rate in the Philippines jumped to a double-digit figure of 11.4 percent in June from 9.5 percent in May. This was the highest rate since May 1994 (11.5%). Except for the fuel, light and water (FLW) index, all the commodity groups recorded higher annual inflation rates during the month. Inflation a year ago was 2.3 percent.

Summary Inflation Report Consumer Price Index (2000=100) : July 2008

The year-on-year headline inflation rate at the national level further picked up to 12.2 percent in July from 11.4 percent in June. This was the highest rate since December 1991 (13.2%). Higher annual inflation rates were registered in all the commodity groups except in the fuel, light and water (FLW) index. Inflation a year ago was 2.6 percent.

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