Leah Rose F.

Paras
IV Pablo

December 03, 2014

Economics

JRLMHS

Antas ng Implasyon

Pigura 1 Paghahambing ng Antas ng Implasyon mula 2010-2014

Makikita sa pigurang ito na naglalaro lamang sa 1-5 ang antas ng implasyon sa Pilipinas
nitong 2010-2014 sa loob ng limang taon.

Pigura 2

Paghahambing ng Antas ng Implasyon mula 1990 hanggang kasalukuyan

Ipinapakita sa pigurang ito na naging mas estabilisado ang kalagayan ng presyo ng bilihin
sa Pilipinas kaysa noong mga nakakaraang dekada.

Pigura 3 Antas ng Implasyon noong 2010

Nasa ranggo lamang ng 3 - 4.2 ang antas ng implasyon sa bansa noong 2010.

2010 inflation hits 3.8%

Source: http://www.abs-cbnnews.com/business/01/05/11/december-inflation-stays-3
MANILA, Philippines - Annual inflation stayed at 3% in December, the same rate posted in
November, the National Statistics Office (NSO) said Wednesday.

The December inflation figure, which was in line with market expectations, brought the
average headline inflation rate for 2010 to 3.8%, near the low end of the central bank's target
range of 3.5% to 5.5% and slightly higher than last year's 3.2%.
A Reuters poll of 11 economists had forecast the consumer price index would rise an
annual 3% in December.
Stripping out volatile food and energy items, core inflation eased to 3.4% last month from
3.5% in November.
The NSO said higher rates of price increases in food, beverages and tobacco (FBT) as well
as clothing were offset by slower annual growths registered in fuel, light and water (FLW),
services and miscellaneous items indices.

Pigura 4 Antas ng Implasyon noong 2011

Nasa ranggo lamang ng 3.6 - 4.8 ang antas ng implasyon sa bansa noong 2011.

'2011 inflation target most likely to be met'

Source: http://www.abs-cbnnews.com/business/07/07/11/2011-inflation-target-most-likely-be-met

MANILA, Philippines (UPDATE) - The Bangko Sentral ng Pilipinas (BSP) said on Thursday inflation
pressures from higher commodity prices and excessive liquidity remained manageable, and it
expected to meet the government's 3% to 5% inflation target for 2011.
And the BSP will review its forecast of 7% growth in remittances due to a possible fall in the
number of Filipinos hired in Saudi Arabia, who sent home $1.5 billion last year, Assistant Governor
Cyd Amador told a media forum.
Saudi Arabia's plans to make firms hire more locals and a push by Asian countries for better
conditions for their citizens working as domestic help could affect 40% of the 1.2 million Filipino
workers there, a workers' group has said.
A cut in the number of Filipino workers in Saudi Arabia would add to other factors, including
unrest in the Middle East and North Africa and the disasters in Japan, that are expected to see
remittance growth slow from 8.2% in 2010. That could undermine economic growth, as
remittances underpin domestic spending, and also moderate inflation.
Amador said the BSP would likely meet its inflation target of 3% to 5% even after data this week
showed average inflation in the first half of 2011 was near the top of the target band based on a
new measure of inflation.

Pigura 5 Antas ng Implasyon noong 2012

Nasa ranggo lamang ng 2.8 4.4 ang antas ng implasyon sa bansa noong 2012.

PHs 2012 inflation slows to 3.2%

Source: http://business.inquirer.net/101197/phs-2012-inflation-slows-to-3-2#ixzz3KkpT24st

The average inflation in 2012 slowed to 3.2 percent, from the 4.6 percent recorded in the previous
year, hitting the low end of the Bangko Sentral ng Pilipinas target range of 3 to 5 percent, the
National Statistics Office (NSO) said Friday.
Also, the rate of increase in consumer prices accelerated to 2.9 percent in December, from the
previous months 2.8 percent, on higher food, beverage and tobacco prices, the NSO reported.
Despite reports that some consumers have been stocking up on tobacco ahead of the anticipated
tax hikes starting this year, the low-weighted tobacco and alcoholic beverages index hardly
seemed to push consumer prices, official said.
The 3.2 percent inflation was also the lowest since 2007, when the rate slowed to 2.9 percent due
to the global financial crisis.
Core inflation, which excludes food items and fuel because of their volatile nature, eased to 3.3
percent in December from 3.4 percent in November.
The annual average core inflation also slowed to 3.7 percent in 2012 from the 4.3 percent
recorded the previous.
Economists as well as retailers said the figures were not surprising given enough commodity
supplies in the Philippines and a strong peso.

Pigura 6 Antas ng Implasyon noong 2013

Nasa ranggo lamang ng 1.5 4 ang antas ng implasyon sa bansa noong 2013.

Phl inflation in Dec. hits 2-year high

Source: http://www.philstar.com/business/2014/01/07/1276348/phl-inflation-dec.-hits-2-year-high

MANILA, Philippines (Xinhua) - Inflation rate of the Philippines in December increased to its
highest level in two years as a result of devastation of typhoon Haiyan, or Yolanda, government
agency announced today.
The National Statistics Office today said inflation in December was at 4.1 percent, the highest since
December 2011 when the country's inflation rate was at 4.2 percent.
The figure was higher than the inflation rate of 3.3 percent in November and also exceeded the
level of 3.0 percent a year ago.
This brought full year inflation to 3 percent, the low-end of the Development Budget Coordination
Committee's inflation target of 3 to 5 percent for 2013.
"This is the highest inflation recorded since December 2011," Economic Planning Secretary
Arsenio Balisacan said. "Moreover, relative to the previous months, food prices are usually higher
in December due to the festive season."
Data showed that almost all food items posted higher prices in December. Food prices went up by
5 percent in December 2013 from 4 percent in the previous month.
This was due to price increases in rice which surged 9.2 percent; vegetables, 9.8 percent; meat, 2.3
percent; fish, 3.3 percent; and fruits, 4.3 percent, among others.

Pigura 7 Antas ng Implasyon ngayong 2014

Nasa ranggo lamang ng 2.6 3.6 ang antas ng implasyon sa bansa noong 2014.

Inflation seen rising to 5.5% in August

Source: http://www.philstar.com/business/2014/08/29/1362841/inflation-seen-rising-5.5-august

MANILA, Philippines - Inflation may rise to a five-year high of 5.5 percent in August on the back of
rising food prices and upward adjustments in power rates, the Bangko Sentral ng Pilipinas said
yesterday.
BSP Governor Amando M. Tetangco Jr. said in a text message to reporters the rate is forecast to
settle within 4.7 to 5.5 percent this month.
The upper end of the forecast range is the fastest rate seen following the 5.6 percent recorded in
April 2009.
The BSP forecasts incorporate the impact of reported increases in certain food products and in
power rates due to weather-related supply and distribution constraints, Tetangco said.
Lower pump prices of oil are expected to partly offset said increases, he said.
August inflation data will be released on Friday next week (Sept. 5).
Inflation already rose to a 33-month high of 4.9 percent in July, driven by soaring food prices and
hikes in utility rates and transportation fares.
This brought the seven-month average to 4.3 percent, above the midpoint of the central banks
three- to five-percent target for this year.