Consumer Price Index

Consumer Price Index (CPI) is the general measure of the change in the average retail prices of a market basket or collection of goods and services commonly purchased by the average Filipino household.

Rebasing CPI is necessary to ensure that this barometer of economic phenomena is truly reflective of current situation. Consumer taste, fashion and technology change over time causing the fixed market basket of goods and services to become outmoded. To capture such changes for a more meaningful price comparison, revision or updating of the fixed market basket, sample outlets, weights, and base year had to be done periodically. The CPI is an indicator that derives its usefulness in its representation of how much a typical market basket behaves over a specific period.
 
 
 

Latest on CPI

Reference Number: SR 2020-42
Release Date: June 2020
The CPI of the Cordillera Administrative Region (CAR) in May 2020 was 121.0. This was higher by 3.1 index points from the 117.9 CPI of May 2019 using 2012 as base year. In general, the CPI increased reflecting the rise in the average prices of goods and services in all the six provinces of CAR. May 2020 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: SR 2020-28
Release Date: May 2020
The CPI of the Cordillera Administrative Region (CAR) in April 2020 was 121.5. This was higher by 3.8 index points from the 117.7 CPI of April 2019 using 2012 as base year. In general, the CPI increased reflecting the rise in the average prices of goods and services in all the six provinces of CAR. April 2020 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: SR 2020-17
Release Date: April 2020
The CPI of the Cordillera Administrative Region (CAR) in March 2020 was 120.8. This was higher by 3.4 index points from the 117.4 CPI of March 2019 using 2012 as base year. In general, the CPI increased reflecting the rise in the average prices of goods and services in all the six provinces of CAR March 2020 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: SR 2020-12
Release Date: March 2020
The CPI of the Cordillera Administrative Region (CAR) in February 2020 was 120.6. This was higher by 3.4 index points from the 117.2 CPI of February 2019 using 2012 as base year. In general, the CPI increased reflecting the rise in the average prices of goods and services in all the six provinces of CAR. February 2020 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: SR 2020-06
Release Date: February 2020
The CPI of the Cordillera Administrative Region (CAR) in January 2020 was 120.5. This was higher by 3.3 index points from the 117.2 CPI of January 2019 using 2012 as base year. In general, the CPI increased reflecting the rise in the average prices of goods and services in all the six provinces of CAR. January 2020 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: SR 2020-02
Release Date: January 2020
Prices of goods and services in the region climbed steadily in 2019 except in June where it dipped a little by 0.1 index point. Comparing with 2018, prices rose more steeply until October and from then on declined and closed with a CPI of 117.1 in December 2018 and 2019 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: SR 2020-01
Release Date: January 2020
The CPI of the Cordillera Administrative Region (CAR) in December 2019 was 120.4. This was higher by 3.3 index points from the 117.1 CPI of December 2018 using 2012 as base year. In general, the CPI increased reflecting the rise in the average prices of goods and services in all the six provinces of CAR. December 2019 Price Situation in the Cordillera (Base Year: 2012).

Reference Number: 10SR–2019–010
Release Date: January 2020
Survey of Retail Prices of Commodities conducted by Philippine Statistics Authority (PSA) has generated a Consumer Price Index (CPI) of 118.4 for Ifugao as of October 2019, using 2012 as the base year Ifugao Consumer Price Iindex as of October 2019.

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May 2020 CPI Table

CPI Inflation PPP
CAR 121.00 2.60 0.83
Abra 119.40 2.10 0.84
Apayao 123.20 1.10 0.81
Benguet 120.90 2.00 0.83
Ifugao 119.40 1.20 0.84
Kalinga 127.10 3.70 0.79
Mt. Province 118.90 6.00 0.84

CPI Infographics