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Miguel De Guzman Inflation spikes to … Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Meanwhile, inflation was unchanged for furnishing, household equipment and routine maintenance (at 4.2%), recreation & culture (at 1.6%), and education (at 4.7%). This is due to higher commuter fees, led by a nearly 34 percent surge in tricycle fares, sustaining June's trend. Inflation Rate YoY The annual inflation rate in the Philippines rose to 2.5 percent in June 2020 from 2.1 percent in the previous month and above market consensus of 2.2 percent. This was the highest inflation rate since January, as the economy emerged from COVID-19 restriction measures. PSA said inflation in Metro Manila was also higher at 2.2 percent in July 2020 compared to the 2.0 percent in June. TEForecast The Trading Economics Application Programming Interface (API) provides direct access to our data. At the same time, inflation was steady for housing & utilities (at 0.2%), health (at 2.8%), communication (at 0.3%), restaurant and miscellaneous goods and services (at 2.4%), and education (at 4.7%). This is the fastest rise in prices since January, and sustains a third straight month of price increases. Reference In addition, cost slowed for food (2.9% vs 3.4%), clothing & footwear (2.4% vs 2.6%), furnishing, household equipment and routine maintenance (4.1% vs 4.2%), and recreation & culture (1.4% vs 1.6%); while was little-changed for alcoholic beverages & tobacco (18% vs 17.9%). The annual rate in the region was 2.3 percent in July last year.

On a monthly basis, consumer prices rose 0.1 percent, after a 0.1 percent in April.The annual inflation rate in the Philippines fell to 2.2 percent in April 2020 from 2.5 percent in the previous month and compared with market consensus of 2.1 percent. The Philippine Statistics Authority (PSA) announced on Tuesday (January 5) that inflation picked up in December, bringing the full year rate to 1.4%. However, the reported inflation rate is lower as compared to its inflation rate in the previous year (4.7%). It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

... PSA said, from 3.3 percent during the same period in 2019. Inflation Rate YoY Price increases for fish, fruits and vegetables softened when compared to a month ago. Main upward pressure came from transport (6.3% vs 2.4% in June); alcoholic beverages & tobacco (19.3% vs 18.5%); food (2.4% vs 2.7%); housing & utilities (0.8% vs 0.3%); health (2.8% vs 2.8%) and miscellaneous goods and services (2.5% vs 2.3%). The inflation rate stood at 2.7 percent for the month, up from June's 2.5 percent and from the 2.4 percent pace tallied in July 2019. This was the highest inflation rate since January, as the economy emerged from COVID-19 restriction measures. February inflation rate dropped to 2.6%­ — PSA posted March 05, 2020 at 09:40 pm by Julito G. Rada Inflation rate decelerated to 2.6 percent in February from 2.9 percent in January and 3.8 percent a year ago, pulled down by slower increases in the prices of food and non-alcoholic beverages, the Philippine Statistics Authority said Thursday. At the same time, food prices rose 3.4%, the most in 11 months, after a 2.6% gain in March. This is the fastest rise in prices since January, and sustains a third straight month of price increases.Consumer prices rose by an average of 2.5 percent from January to July, PSA said, from 3.3 percent during the same period in 2019. The Bangko Sentral ng Pilipinas earlier said that higher oil and rice prices may push costs up, while lower electricity rates and a stronger peso may offset the impact as most of the nation stayed under more relaxed quarantine rules.Food prices, which accounted for the bulk of the overall inflation rate, saw mixed movements. He added that containing coronavirus infections remains the biggest concern for economic officials, as failing to do so would hamper efforts for a recovery.© 2015 Nine Media Corp. CNN name, logo and all associated elements ™ and © 2015 Cable News Network. The annual inflation rate in the Philippines unexpectedly was at 2.7 percent in July 2020, compared with market consensus and June's figure of 2.5 percent. Meanwhile, health-related expenses steadied versus a year ago.By location, prices rose faster in the provinces at 2.9 percent, against a 2.2 percent average in Metro Manila. On a monthly basis, consumer prices rose 0.5% in July, the same as in June. June inflation rate reached 3-month high of 2.5%—PSA posted July 07, 2020 at 08:40 pm by Julito G. Rada Inflation rate in June 2020 picked up to a three-month high of 2.5 percent from 2.1 percent in May, led by increases in transport, alcoholic beverage, tobacco and fuel prices, the Philippine Statistics Authority said Tuesday. This was the highest inflation rate since March following relaxed COVID-19 measures, with transport prices rebounding (2.3% vs -5.6% in May) and cost of housing & utilities rising faster (0.4% vs 0.2%). INFLATION inched up to 1.3% in November following five straight months of easing, the Philippine Statistics Authority (PSA) reported on Thursday. These families mostly spend what they have on the basics like food, utilities, and shelter.Inflation will remain largely benign for the rest of 2020, and is expected to stay within the 2-4 percent desired range, Bangko Sentral ng Pilipinas Governor Benjamin Diokno told reporters.

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