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SPECIAL RELEASE

Republic of the Philippines

Philippine Statistics Authority

Date of Release: March 26, 2019 Reference No. 2019-008

The Consumer Price Index (CPI) measures the changes in the price level of goods and services that most people buy for their day-to-day consumption. It is most widely used in the calculation of the inflation rate and purchasing power of the peso. The CPI series, among others, is being used for economic analysis, collective bargaining agreements, wage adjustments, and monitoring the effects of government economic policy.

The February 2019 issue presents the Price Situation in the province based on the results of the 2006-based CPI, which comprises eleven (11) major commodity groups.

Table 1. Consumer Price Index for All Income Households in Rizal by 11 Major Commodity Groups: January and February 2019 and February 2018

Commodity Group

Consumer Price Index Index difference

(2006=100)

2019 2018 Month-on-month

Year-on- Year Jan Feb Feb

All Items 116.4 117.1 112.2 0.7 4.9

Food & Non-alcoholic Beverages 124.5 125.1 117.6 0.6 7.5

Alcoholic Beverages & Tobacco 235.1 248.9 206.3 13.8 42.6

Clothing and Footwear 117.8 118.0 116.1 0.2 1.9

Housing, Water, Electricity, Gas and Other Fuels 103.8 105.5 102.2 1.7 3.3 Furnishings, Household Equipment and Routine

Maintenance of the House 111.4 114.0 109.0 2.6 5.0

Health 101.7 101.8 97.8 0.1 4.0

Transport 99.3 99.9 101.0 0.6 -1.1

Communication 102.2 102.2 101.7 0.0 0.5

Recreation and Culture 111.4 111.6 108.8 0.2 2.8

Education 114.5 114.5 119.8 0.0 -5.3 Restaurants and Miscellaneous Goods and

Services 110.9 110.9 107.1 0.0 3.8

Inflation Rate 4.7 4.4 3.5 -0.3 0.9

Purchasing Power of Peso 0.86 0.85 0.88 -0.01 -0.03

February 2019 Price Situation in Rizal

SPECIAL RELEASE



The CPI of Rizal for all items on February 2019 was 117.1 increased by 4.9 points from last year’s index of 112.2.

Alcoholic Beverages & Tobacco registered the highest index point change of 42.6, from 206.3 of the previous year’s month of February to 248.9 of this year’s same month. Second in rank was “Food & Non-alcoholic Beverages” which picked up from 117.6 to 125.1 index level. Moreover, index gains were also observed in “Furnishings, Household Equipment and Routine Maintenance of the House” and “Health” with 5.0 and 4.0 index point change, respectively.

Similarly, the annual hike in “Restaurants & Miscellaneous Goods & Services” was registered at

3.8 points; “Housing, Water, Electricity, Gas and Other Fuels” at 3.3 points; “Recreation and Culture” at 2.8 points; and “Clothing and Footwear” at 1.9 points.

Among the commodity groups, “Communication” posted the lowest increase of 0.5 index point.

Declining trends were noticed in “Transport” and “Education”, with -1.1 and -5.3 index point

change, respectively.

11

7.1

12

5.1

24

8.9

11

8.0

10

5.5

11

4.0

10

1.8

99

.9

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1.6

11

4.5

11

0.9

112.2

117.6

206.3

116.1

102.2

109.0

97.8 101.0

101.7

108.8

119.8

107.1

0.0

50.0

100.0

150.0

200.0

250.0

300.0

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CPI

Fig.1 Consumer Price Index of Commodity Groups in Rizal: (February 2019 and February 2018)

Feb-19

Feb-18

Year-on-Year

February 2019 PSA-Rizal 2

SPECIAL RELEASE



Month-on-Month

Year-on-year inflation rate of

Alcoholic Beverages & Tobacco

was measured

at 20.6 percent.

The price situation in Rizal on the month-on-month basis stepped up by 0.7, from 116.4 to 117.1 index points.

For this month, “Alcoholic Beverages & Tobacco” augmented by 13.8 points brought about by price hike in cigarettes and liquors. Likewise, price increase of goods for routine household maintenance lifted the index of “Furnishings, Household Equipment and Routine Maintenance of the House” by 2.6 points.

Augmented rate in electricity and fuel moved “Housing, Water, Electricity, Gas and Other Fuels” index by 1.7 points while both “Food & Non-alcoholic Beverages” and “Transport” had a 0.6 index upward movement, from 124.5 to 125.1 and 99.3 to 99.9 index level, respectively.

Slight index movement was noted in “Clothing and Footwear” and “Recreation and Culture” both with 0.2 index increment.

Health had the lowest increase of 0.1 point, posted from 101.7 to 101.8 index level.

The rest of the commodity groups retained their last month’s indices, thus recorded zero growth rates.


116.4 124.5

235.1

117.8103.8 111.4

101.7 99.3 102.2 111.4 114.5 110.9

117.1 125.1

248.9

118.0105.5 114.0

101.8 99.9 102.2 111.6 114.5 110.9

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50.0

100.0

150.0

200.0

250.0

300.0

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Commodity Group

Fig.2 Consumer Price Index by Commodity Groups in Rizal: (January and February 2019)

Jan-19

Feb-19

SPECIAL RELEASE



CONSUMER PRICE INDEX: FOOD AND NON-FOOD

Food

Table 2. Consumer Price Index of Food, Beverages and Tobacco (FBT): Rizal January and February 2019

Commodity Group CPI (2006=100) Index Point

Change Jan 2019 Feb 2019

* Food 124.5 125.1 0.6

Bread and Cereals 120.9 121.3 0.4

Rice 124.4 125.0 0.6

Corn 189.8 180.0 -9.8

Meat 120.2 120.2 0.0

Fish 138.0 145.4 7.4

Milk, Cheese and Eggs 113.2 113.1 -0.1

Oils and Fats 109.3 108.2 -1.1

Fruits 150.5 146.7 -3.8

Vegetables 147.1 139.2 -7.9

Sugar, Jam, Honey, Chocolate and Confectionery 123.1 123.7 0.6

Food Products N.E.C. 111.2 110.8 -0.4

* Non-alcoholic Beverages 125.0 125.4 0.4

* Alcoholic Beverages 131.1 135.2 4.1

* Tobacco 295.9 315.3 19.4

125.118%

125.418%

135.219%

315.345%

Fig.3 CPI of Food, Beverages and Tobacco in Rizal: February 2019

FoodNon-alcoholic BeveragesAlcoholic BeveragesTobacco

Figure 3 showed that the heavily weighted Food item shared the third largest portion among foodstuff categories with 125.1 index points.

Alcoholic Beverages had a CPI of 135.2, while Non-alcoholic Beverages got 125.4, both shared 19 percent of the total index.

Tobacco had a leap of 19.4 index points due to the continuous marked-up price.


SPECIAL RELEASE



120.9

124.4

189.8

120.2

138.0

113.2

109.3

150.5

147.1

123.1

111.2

121.3

125.0

180.0

120.2

145.4

113.1

108.2

146.7

139.2

123.7

110.8

0.0 50.0 100.0 150.0 200.0

Bread and Cereals

Rice

Corn

Meat

Fish

Milk, Cheese and Eggs

Oils and Fats

Fruits

Vegetables

Sugar, Jam, Honey, Chocolate and…

Food Products N.E.C.

CPI

Food

Fig.4 Consumer Price Index of Food: January and February 2019

Feb. 2019

Jan. 2019


Index of corn and

vegetables had 5.2% and 5.4% month-on-

month deflation,

respectively.

During this month (February 2019), index of corn decreased by 9.8 points and was posted at 180.0, brought about by its high supply in the market, while rice had 0.6-index increment due to marked up retail price.

Indices of “fish”, “sugar, jam, honey, chocolate and confectionery” and “bread and cereals” correspondingly went up by 7.4, 0.6 and 0.4 index point due to higher prices of products belonging to said sub-groups during the month.

“Vegetables” and “fruits” showed a decreasing trend with -7.9 and -3.8 index difference, respectively. Also during January to February 2019 transition, “oils & fats” decreases from 109.3 to 108.2, while indices of “food products n.e.c.” and “milk, cheese & eggs” also dropped by 0.4 and 0.1 point, respectively.

Meat remained stable during the month.

SPECIAL RELEASE



-

Non - Food Table 3. Consumer Price Index of Non-Food Commodity Group:

Rizal, January and February 2019

Commodity Group

CPI (2006=100)

Index Point

Change Jan 2019

Feb 2019

NON – FOOD 106.9 107.4 0.5

Clothing 117.4 117.7 0.3

Footwear 118.8 118.8 0.0

Actual Rentals for Housing 112.7 112.7 0.0

Maintenance & Repair of the Dwelling 110.6 111.1 0.5

Water Supply & Misc Services Relating to the Dwelling 109.2 109.2 0.0

Electricity, Gas & Other Fuels 95.9 99.4 3.5

Furniture and Furnishings, Carpets & Other Floor Coverings 109.8 110.7 0.9

Household Textiles 103.1 103.3 0.2

Household Appliances 104.0 104.2 0.2

Glassware, Tableware, and Household Utensils 109.9 110.5 0.6

Tools & Equipment for House 108.8 108.9 0.1

Goods & Services for Routine Household Maintenance 112.8 115.9 3.1

Medical Products, Appliances & Equipment 91.9 92.0 0.1

Out-patient Services 111.7 111.7 0.0

Hospital Services 118.4 118.4 0.0

Operation of Personal Transport Equipment 82.6 89.0 6.4

Transport Services 102.3 101.8 -0.5

Postal Services 113.3 113.3 0.0

Telephone & Telefax Equipment 96.5 96.5 0.0

Telephone & Telefax Services 103.0 103.0 0.0

Audio-visual, Photographic, etc.. 100.3 100.2 -0.1

Other Recreational Items & Equip, etc 111.5 112.9 1.4

Recreational & Cultural Services 130.4 130.6 0.2

Newspapers, Books and Stationery 114.8 115.1 0.3

Pre-primary and Primary Education 128.6 128.6 0.0

Secondary Education 122.0 122.0 0.0

Tertiary Education 105.0 105.0 0.0

Catering Services 108.5 108.5 0.0

Personal Care 113.6 113.6 0.0

Personal Effects N.E.C. 122.6 122.6 0.0


The index for non-food items moved up from 106.9 to 107.4, posting a 0.5 index difference.

Clothing had an increase of 0.3 index point whereas footwear didn’t show any change.

“Electricity, gas & other fuels” index went up

from 95.9 to 99.4, resulting to 3.5 index change due to electricity and fuel price hike. On the other hand, “maintenance & repair of the dwelling” gain 0.5 index point.

Indices of “furniture and furnishings,

carpets & other floor coverings”, “household textiles”, “household appliances”, “glassware, tableware, and household utensils”, “tools & equipment for house” and “goods & services for routine household maintenance”, scaled by 0.9, 0.2, 0.2, 0.6, 0.1 and 3.1 points, respectively.

“Medical products, appliances &

equipment” posted 0.1 index difference due to slight price adjustment of some medicines.

The closely monitored prices of gasoline and diesel products went up, posting an increase of 6.4 points to the “operation of personal transport equipment”, while -0.5 index difference was observed to “transport services”.

“Other recreational items & equip, etc.”, “recreational & cultural services” and “newspapers, books & stationery” had 1.4, 0.2, and 0.3 index gain, respectively, while “audio-visual, photographic, etc.” went down by 0.1 point.

The rest of the commodity groups remained stable during the month.

SPECIAL RELEASE



Indicates how fast or how slow price changes over two time periods.

Inflation rate of the province was registered at 4.4 percent, representing further increase of 0.9 percentage point on the year-on-year and a decrease of 0.3 percentage point on the month-on-month comparison.

PURCHASING POWER OF PESO (PPP)

Refers to goods and services that are commonly purchased by consumers in a particular area.

The market basket for Rizal has 558

items.

A market basket of goods and services worth 1.00 Php in February 2019 can be availed at 0.85Php only in 2012.

was P0.85, which was

weaker by P0.03 compared to last year’s

same month and 0.01 less compared last month.

For more information: Write us at: PSA Rizal Provincial Office Ground Flr. Budget lane Shopping Ctr Circumferential Road, Antipolo City

Call/Fax: 696-6366 Email: [email protected]

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