Year-on-Year Inflation Rates by Commodity Group in Laguna: January 2018 and December 2017 Annual inflation rate in Laguna increased to 2.5 percent in January 2018 from 2.2 percent in December 2017 By commodity group, higher inflation rate was recorded in the indices of Food and Non- alcoholic Beverages (FNB) at 2.6 percent in January 2018 from 2.1 percent in December 2017; Alcoholic Beverages and Tobacco (ABT), 17.2 percent from 11.4 percent; Clothing and Footwear (CF), 1.1 percent from 0.6 percent; and, Health, 1.4 percent from 1.0 percent. Annual growth rate in Furnishings, Household Equipment and Routine Maintenance of the House (FHERMH), Communication (Comm), Education (Educ) and Restaurant and Miscellaneous Goods and Services (RMGS), remained at their respective last month’s rate of 1.4 percent, zero growth, 2.9 percent and 0.3 percent. On the other hand, slowdown in the inflation rate was noted in Housing, Water, Electricity, Gas and Other Fuels (HWEGOF) at 2.6 percent from 3.3 percent; Transport (Trans), 2.8 percent from 3.0 percent; and Recreation and Culture(RC), 1.1 percent from 1.2 percent. Month-on-month Inflation Rates by Commodity Group in Laguna: January 2018 and December 2017 Prices of consumer items in Laguna generally went up by 0.3 percent in January 2018, the same rate in December 2017. Upward adjustment in the prices of selected fresh fish, vegetable, fruit, glutinous rice, chocolate drink and milk (condensed, evaporated infant powder milk) raised the FNB index up by 0.9 percent from 0.7 percent last month. Price mark-up in cigarettes (Marlboro Champion) and alcoholic beverages (Gin Rhum) caused the FNB index up by 5.2 percent from 5.1 percent. Increments in the prices of footwear particularly men’s slippers pulled the CF index up by 0.5 percent from zero growth. Gain in Health index by 0.4 percent from zero growth was due to increment in medical consultation. Prices of FHERMH, Comm and Educ items remained stable this month as the groups’ indices recorded zero growth while RMGS index stood at its previous month’s rate of 0.1 percent. The HWEGOF index declined by -1.1 percent from -0.8 percent. This was due to price decrement in LPG. Rollback in the prices diesel and gasoline moved the Trans index down by 0.1 percent from 0.3 percent. Price addition in RC items slowed down. Hence, the growth in the group’s index decelerated by 0.1 percent from 0.2 percent. Name: MAGDALENA T. SERQUEÑA Position/Designation: Provincial Statistics Officer
The Philippine Statistics Authority – Regional Statistical Services Office IV-A announces the conduct of Press Conference on the May 2024 CALABARZON Regional Inflation Report, which will be held on…
The Philippine Statistics Authority – Regional Statistical Services Office IV-A announces the conduct of Press Conference on the April 2024 CALABARZON Regional Inflation Report, which will be held on…
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