Release Date :
Reference Number :
22CAR32-740
Table A. Year-on-Year Inflation rates, All Items in Percent
(2018=100)
| Area | August 2021 | July 2022 | August 2022 | Year-to-Date |
| Philippines | ||||
| Headline | 4.4 | 6.4 | 6.3 | 4.9 |
| CAR | ||||
| Headline | 4.4 | 7.3 | 6.5 | 6.0 |
| Kalinga | ||||
| Headline | 4.7 | 8.0 | 7.1 |
5.7
|
Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index, Philippine Statistics Authority
The headline Inflation in Kalinga goes down to 7.1 in August 2022, from 8.0 percent in July 2022. The 7.1 inflation is higher than the recorded inflation in CAR at 6.5 percent and in the whole country at 6.7 percent. The average inflation for the past seven months of the year stood at 4.63 percent.
The decrease in the province inflation was brought about by the lower monthly decrease in the index for Transport at 28.2 percent compared to 30.2 percent from July 2022, Restaurant, Misc. Goods and Services with 14.6 percent from July 2022 to 12.4 percent for the present month, Food and Non-alcoholic Beverages with 4.7 percent to 3.2 percent, Recreation and Culture with 3.6 percent to 3.0 percent in August 2022, Furnishing, Household Equipment and Routine Household Maintenance with 1.9 percent to 1.6 percent of the present month, Health with 5.9 percent to to 5.6 percent, Information and Communication with 0.6 percent from July 2022 to 0.2 percent for the present month.
On the other hand, there is a slight increase in percentage of the following items; Alcoholic Beverages and Tobacco at 10.4 percent to 12.2 percent, Housing, Water, Electricity, Gas and Fuels at 8.4 percent compared from 7.9 percent from the previous month, Clothing and Footwear with 3.7 percent to 3.3 percent and Personal care with 3.2 percent to 3.6 percent last August 2022.
Meanwhile, there is no change in the commodity group of Education and Financial Services.
Table B. year-on-year Inflation Rates in Kalinga, All items in percent January 2019-August 2022 (2018=100)
| Month | Inflation Rate | |||
| 2019 | 2020 | 2021 | 2022 | |
| January | 6.2 | 2.8 | 3.6 | 3.0 |
| February | 6.0 | 2.3 | 4.5 | 2.9 |
| March | 5.5 | 2.5 | 4.2 | 3.8 |
| April | 3.5 | 2.7 | 3.7 | 6.0 |
| May | 3.8 | 2.4 | 3.8 | 6.7 |
| June | 3.2 | 2.7 | 4.9 | 8.4 |
| July | 2.8 | 2.0 | 6.2 | 8.0 |
| August | 3.1 | 1.2 | 6.7 | 7.1 |
| September | 0.9 | 1.7 | 6.6 | |
| October | 0.8 | 0.5 | 5.5 | |
| November | 0.9 | 1.6 | 4.9 | |
| December | 2.9 | 1.8 | 4.8 | |
| Average | 3.3 | 2.0 | 4.8 | 6.5 |
Source: Retail Price Survey of Commodities for the Generation of Consumer Index Philippine Statistics Authority
Table C. Year-on-Year Inflation Rates in Kalinga, by Commodity Group in Percent
(2018=100)
| COMMODITY GROUP | August 2021 | July 2022 | August 2022 |
| ALL ITEMS | 6.2 | 8.0 | 7.1 |
| 1. FOOD AND NON-ALCOHOLIC BEVERAGES | 7.3 | 4.7 | 3.2 |
| FOOD | 7.4 | 5.8 | 3.2 |
| Cereals and cereal products | 7.1 | 5.1 | 5.0 |
| Cereals | 8.0 | 4.8 | 4.3 |
| Rice | 8.0 | 4.8 | 4.2 |
| Corn | 7.5 | 11.1 | 13.3 |
| Flour,Bread and other Bakery Products, Pasta and other cereals | 3.7 | 6.0 | 7.7 |
| Meat, other parts of slaughter land animals | 20.5 | 9.2 | 6.6 |
| Fish and other seafood | 2.9 | -0.7 | -0.1 |
| Milk, other dairy products and eggs | -2.7 | 2.1 | 3.3 |
| Oils and Fats | 2.2 | 10.2 | 10.9 |
| Fruits and Nuts | -10.2 | 2.9 | -8.7 |
| Vegetables, tubers, plantains, cooking bananas pulses | 12.7 | 18.0 | -7.3 |
| Sugar, confectionery and desserts | -0.7 | 18.0 | 25.0 |
| Ready-made food and other food products N.E.C. | 1.2 | -0.5 | 0.1 |
| II.ALCOHOLIC BEVERAGES AND TOBACCO | 10.5 | 10.4 | 12.2 |
| III.CLOTHING AND FOOTWEAR | 3.2 | 3.3 | 3.7 |
| IV.HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS | 3.5 | 7.9 | 8.4 |
| V.FURNISHING, HOUSEHOLD EQUIPMENT AND ROUTINE MAINTENANCE | 1.9 | 1.9 | 1.6 |
| VI. HEALTH | 5.3 | 5.9 | 5.6 |
| VII. TRANSPORT | 4.0 | 30.2 | 28.0 |
| VIII. INFORMATION AND COMMUNICATION | 0.2 | 0.6 | 0.2 |
| IX. RECREATION, SPORT AND CULTURE | 0.9 | 3.6 | 3.0 |
| X. EDUCATION SERVICES | 0.0 | 0.0 | 0.0 |
| XI. RESTAURANTS AND ACCOMODATION SERVICES | 16.4 | 14.6 | 12.4 |
| XII. FINANCIAL SERVICES | 46.0 | 0.0 | 0.0 |
| XIII. PERSONAL CARE AND MISCELLANEOUS GOODS AND SERVICES | 2.4 | 3.2 | 3.6 |
Source: Retail Price Survey of Commodities for the Generation of Consumer Index Philippine Statistics Authority
*- Year-on-Year change of average CPI for January to August 2022 vs 2021
TECHNICAL NOTES
Retail/Consumer Price – refers to the price at which a commodity is sold in small quantities for consumption.
Weight – a value attached to a commodity or group of commodities to indicate the relative importance of that commodity or group of commodities in the market basket.
Market Basket – a term used to refer to a sample of goods and services that are commonly purchased and bought by an average Filipino household.
Consumer Price Index (CPI) – is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.
Inflation Rate - is the percentage increase or decrease in prices during a specified period, usually a month or a year and it is derived from CPI. It is interpreted in terms of declining purchasing power of money.
Unit of Measure - refers to which a commodity is customarily traded in the market and it is the actual unit in which the associated values are measured.
Commodity Specifications – refers to the detailed description of the commodity such as a brand packaging, size and unit of measure or other characteristics that will best describe the product/commodity and are important in the determination of prices.
MARIBEL DALAYDAY
Chief Statistical Specialist
| Attachment | Size |
|---|---|
 2022AugustCPI_R14_Kalinga_SR1.pdf |
529.11 KB |