philippine statistics authority special releasersso04a.psa.gov.ph/sites/default/files/rizal cpi...

SPECIAL RELEASE

Republic of the Philippines

Philippine Statistics Authority

Date of Release: September 30, 2020 Reference No. 2020-029

a

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 August 2020 issue presents the Price Situation in the province based on the results of the 2012-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: July and August 2020 and August 2019

Commodity Group

Consumer Price Index Index difference

(2006=100)

2020 2020 2019 Month-on- Month

Year-on- Year July Aug Aug

All Items 121.8 122.0 117.4 0.2 4.6

Food & Non-alcoholic Beverages 127.6 128.5 124.4 0.9 4.1

Alcoholic Beverages & Tobacco 292.6 292.6 252.4 0.0 40.2

Clothing and Footwear 126.1 126.0 120.5 -0.1 5.5

Housing, Water, Electricity, Gas and Other Fuels 106.2 105.6 103.6 -0.6 2.0 Furnishings, Household Equipment and Routine

Maintenance of the House 117.8 117.8 115.2 0.0 2.6

Health 102.0 102.7 100.7 0.7 2.0

Transport 113.5 111.8 100.7 -1.7 11.1

Communication 102.5 102.5 102.3 0.0 0.2

Recreation and Culture 114.9 114.9 113.5 0.0 1.4

Education 117.8 117.8 117.8 0.0 0.0 Restaurants and Miscellaneous Goods and

Services 114.4 114.6 112.5 0.2 2.1

Inflation Rate 3.8 3.9 2.1 0.1 1.8

Purchasing Power of Peso 0.82 0.82 0.85 0.0 -0.03

August 2020 Price Situation in Rizal

SPECIAL RELEASE



122.0

128.5

292.6

126.0

105.6

117.8

102.7

111.8

102.5

114.9

117.8

114.6

117.4

124.4

252.4

120.5

103.6

115.2

100.7

100.7

102.3

113.5

117.8

112.5

50.0

100.0

150.0

200.0

250.0

300.0

350.0

All

item

s

Food a

nd N

on-a

lcoholic

Bevera

ges

Alc

oholic

Bevera

ges

&Tobacc

o

Clo

thin

g a

nd F

ootw

ear

Housi

ng, W

ate

r,Ele

ctrici

ty, G

as

and F

uels

Furn

ishin

gs

Health

Tra

nsp

ort

Com

munic

ation

Recr

eation a

nd C

ulture

Educa

tion

Rest

aura

nt

and M

isc

Goods

Co

mm

od

ity G

rou

p

CPI

Fig.1 Consumer Price Index of Commodity Groups in Rizal: (August 2020 and 2019)

Aug-20

Aug-19

The CPI of Rizal for all items on August 2020 was 122.0 increased by 4.6 points from last year’s index of 117.4.

Alcoholic Beverages & Tobacco registered the highest index point change of 40.2, from 252.4 of the previous year’s month of August to 292.6 of this year’s same month. Second in rank was “Transport” which picked up from 100.7 to 111.8 index level. Moreover, index gains were also observed in “Clothing and Footwear” with 5.5 points, “Food and Non-alcoholic Beverages” with 4.1 points increase, while “Furnishings, Household Equipment and Routine Maintenance of the House” had an increase of 2.6 points. “Restaurants and Miscellaneous Goods and Services” also gain 2.1 points.

Similarly, the annual hike in “Housing, Water, Electricity, Gas and Other Fuels” and “Health”

were both registered at 2.0 points; “Recreation and Culture” at 1.4 points, and “Communication” at 0.2 point.

Education was stable at 117.8 index level.

Year-on-Year

August 2020 PSA-Rizal 2

SPECIAL RELEASE



121.8 127.6

292.6

126.1106.2

117.8102.0

113.5102.5

114.9 117.8 114.4

122.0 128.5

292.6

126.0105.6

117.8102.7 111.8 102.5

114.9 117.8 114.6

50.0

100.0

150.0

200.0

250.0

300.0

350.0

All ite

ms

Foo

d &

Non-

alco

hol

ic

Beve

rage

s

Alc

ohol

ic B

eve

rages

&

Tob

acco

Clo

thin

g an

d F

ootw

ear

Hou

sing

, W

ater

,

Ele

ctri

city

, G

as &

Oth

er

Fue

ls

Fur

nish

ings

, H

ouse

hol

d

Equ

ipm

ent

& R

outi

ne

Mai

nten

ance

of

the…

Heal

th

Tra

nspo

rt

Com

mun

icat

ion

Recr

eati

on a

nd C

ultu

re

Educ

atio

n

Rest

aura

nts

&

Mis

cellan

eou

s G

ood

s &

Serv

icesC

PI

Commodity Group

Fig.2 Consumer Price Index by Commodity Groups in Rizal (July and August 2020)

Jul-20

Aug-20

Month-on-Month

Year-on-year inflation rate of

Alcoholic Beverages

and Tobacco

was measured

at 15.9 percent.


The price situation in Rizal on the month-on-month basis went up from 121.8 to 122.0 index points, resulting to 0.2 index difference.

For this month, “Food & Non-alcoholic Beverages” had the highest index difference of 0.9 point, attributed to the increase in agricultural products. Second is “Health” which picked up from 102.0 to 102.7, resulting to a 0.7 index buildup. Next is “Restaurants and Miscellaneous Goods and Services” which posted an increase of 0.2 point.

Decreasing trend were noted in “Transport”, “Housing, Water, Electricity, Gas and Other Fuels” and “Clothing and Footwear” which posted -1.7, -0.6 and -0.1 index difference, respectively.

The rest of the commodity didn’t show any index movement.

SPECIAL RELEASE



---

CONSUMER PRICE INDEX: FOOD AND NON-FOOD

Food

Table 2. Consumer Price Index of Food, Beverages and Tobacco (FBT): Rizal July and August 2020

Commodity Group CPI (2006=100) Index Point

Change July 2020 Aug 2020

* Food 127.6 128.6 1.0

Bread and Cereals 120.3 120.3 0.0

Rice 122.1 122.1 0.0

Corn 174.8 179.1 4.3

Meat 131.3 130.5 -0.8

Fish 140.1 141.5 1.4

Milk, Cheese and Eggs 116.6 117.0 0.4

Oils and Fats 105.7 105.7 0.0

Fruits 166.4 169.7 3.3

Vegetables 137.7 150.8 13.1

Sugar, Jam, Honey, Chocolate and Confectionery 122.6 122.8 0.2

Food Products N.E.C. 120.2 121.1 0.9

* Non-alcoholic Beverages 127.9 127.9 0.0

* Alcoholic Beverages 148.3 148.3 0.0

* Tobacco 376.9 376.9 0.0

128.617%

127.916%

148.319%

376.948%

Fig.3 CPI of Food, Beverages and Tobacco in Rizal: August 2020

FoodNon-alcoholic BeveragesAlcoholic BeveragesTobacco

Figure 3 displayed that the heavily weighted “Food” item shared the least portion among foodstuff categories with 128.6 index points.

Between the two types of beverages, Alcoholic shared bigger portion (19%) than the Non-alcoholic (16%). Both were pegged at its previous month’s level.

Tobacco was posted at 376.9 index level and had the highest percentage among the four categories.


SPECIAL RELEASE



120.3

122.1

174.8

131.3

140.1

116.6

105.7

166.4

137.7

122.6

120.2

120.3

122.1

179.1

130.5

141.5

117.0

105.7

169.7

150.8

122.8

121.1

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: July and August 2020

August 2020

July 2020


Index of vegetables had 9.5% month-on-

month inflation.

During this month (August 2020), index of “Corn” increased from 174.8 to 179.1, resulting to 4.3 index difference, attributed to the low supply of yellow corn in the market. The same is true with “Vegetables” which had 13.1 index buildup.

Moreover, a 3.3 increase in “Fruits” was exhibited, as well as

“Fish” and “Food Products N.E.C.” which had 1.4 and 0.9 index increment, respectively. Likewise, indices of “Milk, Cheese and Eggs” and “Sugar, Jam, Honey, Chocolate and Confectionery” augmented by 0.4 and 0.2 point, respectively.

On the other hand, “meat” moved down by 0.8 point, due to price decrease in chicken meat.

The rest of the commodity groups didn’t show any index

movement.

SPECIAL RELEASE



-

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

Rizal, July and August 2020

Commodity Group CPI (2006=100) Index

Point Change

July 2020

Aug 2020

NON – FOOD 112.4 112.1 -0.3

Clothing 125.4 125.3 -0.1

Footwear 127.7 127.5 -0.2

Actual Rentals for Housing 114.3 114.3 0.0

Maintenance & Repair of the Dwelling 116.9 116.7 -0.2

Water Supply & Miscellaneous Services Relating to the Dwelling 112.4 112.4 0.0

Electricity, Gas & Other Fuels 97.3 96.1 -1.2

Furniture and Furnishings, Carpets &

Other Floor Coverings 114.3 114.8 0.5

Household Textiles 107.1 107.3 0.2

Household Appliances 107.2 107.2 0.0

Glassware, Tableware, and Household Utensils 114.9 114.9 0.0

Tools & Equipment for House 110.5 110.4 -0.1

Goods & Services for Routine Household Maintenance 119.8 119.8 0.0

Medical Products, Appliances &

Equipment 89.1 89.1 0.0

Out-patient Services 122.6 127.7 5.1

Hospital Services 120.0 120.0 0.0

Operation of Personal Transport

Equipment 84.3 82.2 -2.1

Transport Services 118.8 116.9 -1.9

Postal Services 113.3 113.3 0.0

Telephone & Telefax Equipment 97.4 97.4 0.0

Telephone & Telefax Services 103.2 103.2 0.0

Audio-visual, Photographic, etc.. 100.8 100.8 0.0

Other Recreational Items & Equip, etc 115.9 115.9 0.0

Recreational & Cultural Services 135.6 135.6 0.0

Newspapers, Books and Stationery 121.1 121.2 0.1

Pre-primary and Primary Education 132.8 132.8 0.0

Secondary Education 126.5 126.5 0.0

Tertiary Education 107.4 107.4 0.0

Catering Services 111.7 111.7 0.0

Personal Care 117.6 118.2 0.6

Personal Effects N.E.C. 128.3 129.1 0.8


The index for non-food items moved down from 112.4 to 112.1, posting a -0.3 index difference.

Clothing decreased by 0.1 point, while footwear was reduced by 0.2 point.

“Electricity, Gas & Other Fuels” went down from 97.3 to 96.1, displaying a -1.2 point decrease. “Maintenance & Repair of the Dwelling” slowdown by 0.2 point.

“Furniture and Furnishings, Carpets

& Other Floor Coverings” and “Household Textiles” showed a 0.5 and 0.2 index gain, respectively. Meanwhile, “Tools & Equipment for House“ dropped by 0.1 point.

“Out-patient services” had a hike of 5.1 points, due to increased service charges of dentists and medical laboratories, attributed to the effect of COVID-19 pandemic.

Indices of “Operation of Personal Transport Equipment” and “Transport Services” dropped by 2.1 and 1.9 points, respectively.

“Newspapers, Books and Stationery” slightly moved by 0.1 point.

“Personal Care” was up by 0.6 point,

while “Personal Effects n.e.c.” augmented by 0.8 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 3.9 percent, representing further increase of 1.8 percentage points on the year-on-year and 0.1 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 August 2020 can be availed at 0.82 Php only in 2012.

was P0.82, which was

weaker by P0.03

compared to last year’s same month and just

the same 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]

philippine statistics authority special releasersso04a.psa.gov.ph/sites/default/files/rizal cpi...

Documents