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Seasonally Adjusted Consumer Price Index (2012=100) : June 2020

Reference Number: 2020-135
Release Date: 07 July 2020
 

 


Seasonally Adjusted Consumer Price Index
(2012=100)

June 2020

 

 

1. Philippines

The seasonally adjusted consumer price index (CPI) for all items at the national level moved up at a faster pace of 0.4 percent in June 2020, from 0.3 percent in May 2020.

Monthly increments were higher in the indices of alcoholic beverages and tobacco at 1.3 percent in June 2020, from 1.0 percent in May 2020; non-food, 1.0 percent from 0.3 percent; and clothing and footwear, 0.2 percent from 0.1 percent.

On the other hand, the monthly uptick in housing, water, electricity, gas, and other fuels index decelerated to 0.3 percent in June 2020, from 0.4 percent in May 2020. In addition, declines were observed in the indices of food and non-alcoholic beverages at 0.1 percent during the month, from a zero growth in the previous month; and education, 2.2 percent from an uptick of 0.4 percent.

The same previous month’s rate of 0.2 percent was registered in the indices of furnishing, household equipment and routine maintenance of the house; health; and restaurant and miscellaneous goods and services. The index for recreation and culture posted a zero growth during the month, from a 0.1 percent increase in the previous month.

The seasonal factor had varying effects to the indices of the commodity groups. For education, the seasonal factor pushed up its index during the period. Seasonal factor such as the degree of demand on selected goods during the season pushed down the index for all items, and the following commodity groups:

          a. Food and non-alcoholic beverages;
          b. Alcoholic beverages and tobacco
          c. Clothing and footwear;
          d. Housing, water, electricity, gas and other fuels;
          e. Furnishing, household equipment, and routine maintenance of the house;
          f. Health; and
          g. Recreation and culture.

The indices for non-food, and restaurant and miscellaneous goods and services were not affected by this seasonal factor. (Table 1)
 

2. National Capital Region (NCR)

In NCR, higher monthly gains were noted in the seasonally adjusted CPI for alcoholic beverages and tobacco at 0.9 percent in June 2020, from 0.7 percent in May 2020; non-food, 1.0 percent from 0.9 percent; and restaurant and miscellaneous goods and services, 0.3 percent from 0.2 percent. Similarly, the indices of clothing and footwear, and recreation and culture both inched up by 0.1 percent in June 2020, from their corresponding previous month’s rates of -0.1 percent and zero growth.

However, movement in the index of furnishing, household equipment and routine maintenance of the house remained at 0.1 percent during the month, while a zero growth was recorded in the indices of food and non-alcoholic beverages and health, from -0.3 percent and 0.2 percent, respectively. In addition, education index dropped by 3.6 percent, after it posted a 0.7 percent gain in the previous month.

The seasonal factor such as the degree of demand for selected goods during the season pushed up the index of non-food. Likewise, the seasonal factor raised the indices of furnishing, household equipment and routine maintenance of the house, and education.

On the other hand, the indices of the following commodity groups were pushed down by the seasonal factor:

          a. Food and non-alcoholic beverages;
          b. Alcoholic beverages, and tobacco;
          c. Health; and
          d. Recreation and culture.

The indices of clothing and footwear, and restaurant and miscellaneous goods and services were not affected by this seasonal factor. (Table 2)
 

3. Areas Outside National Capital Region (AONCR)

The seasonally adjusted CPI for all items in AONCR went up by 0.4 percent in June 2020, from 0.2 percent in May 2020.

The non-food index picked up by 0.8 percent in June 2020 from zero growth in May 2020. Likewise, monthly mark-ups were noted in the indices of the following commodity groups:

          a. Alcoholic beverages and tobacco, 1.4 percent from 1.1 percent;
          b. Housing, water, electricity, gas, and other fuels, and health, both at 0.3 percent from 0.2 percent; and
          c. Transport, 6.2 percent from -0.2 percent.

On the other hand, a 0.2 percent growth was still observed in the indices of furnishing, household equipment and routine maintenance of the house, and restaurant and miscellaneous goods and services during the month. Also, monthly declines were registered in the indices of food and non-alcoholic beverages at 0.1 percent, and education at 2.0 percent, from their corresponding previous month’s upticks in growth rates of 0.1 percent, and 0.3 percent. Furthermore, the index of recreation and culture still exhibited a zero growth during the month.

The seasonal factor during the month pushed up the indices of non-food and education.

Meanwhile, the seasonal factor such as the degree of demand for selected goods pushed down the index for all items and the following commodity groups:

          a. Food, and non-alcoholic beverages;
          b. Alcoholic beverages and tobacco;
          c. Housing, water, electricity, gas, and other fuels;
          d. Furnishing, household equipment, and routine maintenance of the house;
          e. Health;
           f. Recreation and culture; and
          g. Restaurant, and miscellaneous goods, and services.

The index for transport was not affected by this seasonal factor. (Table 3)

 

See more at the Seasonally Adjusted Consumer Price Index main page.

 

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