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June 2017 ISSN 2546 - 0188

Transcript of June 2017 - psa.gov.ph June_2017 issue.pdf · Chapter I - Prices, Inflation Rate, ... Cavite,...

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June 2017

ISSN 2546 - 0188

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June 2017

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ii

REPUBLIC OF THE PHILIPPINES

PRESIDENT RODRIGO ROA DUTERTE

PHILIPPINE STATISTICS AUTHORITY

LISA GRACE S. BERSALES, Ph.D. Undersecretary

National Statistician and Civil Registrar General

Copyright ©2017 by Philippine Statistics Authority PSA CVEA Building, East Avenue, Diliman

Quezon City, Philippines

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FOREWORD

The Monthly Statistical Indicators (MSI) is published monthly by the Philippine Statistics Authority (PSA). This issue is the product of the harmonized Monthly Bulletin of Statistics and The Economic Indicators publications, which are both compiled by PSA. MSI provides data users with the latest available monthly statistical indicators on the country’s major economic variables. It covers two-year series for comparison.

A special feature will be incorporated every month. For this issue, One in Every Ten Filipinos Aged 6 to 24 Years is an Out of School Child and Youth is presented.

Most of the statistics shown here were taken from surveys conducted by PSA and from various government agencies. Commendation, therefore, is conferred to all data sources for without their cooperation and support, the consolidation of statistics and dissemination of this publication would not have been possible.

LISA GRACE S. BERSALES, Ph.D Undersecretary

National Statistician and Civil Registrar General

Quezon City, Philippines July 2017

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Page

Foreword iii

Table of Contents v

Special Feature: One in Every Ten Filipinos Aged 6 to 24 Years is an Out of School Child and Youth ………………………………………………………………..viii

Chapter I - Prices, Inflation Rate, and Purchasing Power of the Peso

………………………………………………………………………………………………………………………………………3

General Retail Price Index in NCR by Commodity: 2016 and 2017 ……………….………………………..……………………………………………………………………………………………………..…………….……..33

Retail Price Index for Construction Materials in NCR: 2016 and 2017 …………………………………….…………………………….……………………………………………………………………………………………………...……………...34

Table 1.1 Table 1.2 Table 1.3 Table 1.4 General Wholesale Price Index by Commodity and Major Group Island: 2016 and 2017 …………………………………..……………………………………………………………………...….34

Wholesale Price Index for Construction Materials in NCR: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………………….....37

Producers Price Index for Manufacturing: Philippines, 2016 and 2017 ……………………………………………………………..…………………………………………………………………………………………….…..39

Table 1.5 Table 1.6 Table 1.7 Inflation Rate and Purchasing Power of the Peso by Area: 2016 and 2017 ………………………………………………………………………..………………………………………………………………………………………….…..41

Chapter II - Trade

Total Value of Merchandise Exports by Commodity: 2016 and 2017 ……………………………………………………………………..………………………………………………………………………………………..……..45

Total Value of Merchandise Imports by Commodity: 2016 and 2017 …………………………………………………….……………………………………………………………………………………………………...46

Table 2.1 Table 2.2 Table 2.3 Total Value by Selected Country: 2016 and 2017 ……………………………………………………………………………………………………………...……………………………………………………47

Chapter III - Industrial Production

Value of Production Index of Key Manufacturing Enterprises by Industry: 2016 and 2017 …………………………………………………………………………..…………………………………………………………………………………………………………………………………………..…..53Table 3.1 Table 3.2 ..…………………………………………...

Table 3.3 ………………………………………………………………………………………………..…………………………………....

Volume of Production Index of Key Manufacturing Enterprises by Industry: 2016 and 2017 ..…………………. 57

Local Production of Forest and Mineral Products: 2016 and 2017………......……………………………………. 59

Chapter IV - Money and Banking

Resources of the Financial System: 2016 and 2017 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..63

Gross International Reserves of the Bangko Sentral ng Pilipinas: 2016 and 2017 ………………………………………………………………………………………………………………………….63

Table 4.1 Table 4.2 Table 4.3 Net International Reserves: 2016 and 2017 ………………………………………………………………………………………………………………………….…………………………………………………………………………………………………………………………………………………………………….....…64

TABLE OF CONTENTS

Consumer Price Index by Commodity and Region: 2016 and 2017

v

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Table 4.4 Bank Interest Rates: 2016 and 2017 ………………………………………………………………………………………………………………………….…………………………………………………………………………………………………………………………………………………………………….....…64

Table 4.5 Bank Lending Rates: 2016 and 2017 ………………………………………………………………………………………………………………………….…………………………………………………………………………………………………………………………………………………………………….....…65

Table 4.6 Interbank Call Loan Rates: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………………………….65

Table 4.7 Exchange Rates: 2016 and 2017 ………………………………………………………………………………………………………………………….…………………………………………………………………………………………………………………………………………………………………….....…65

Table 4.8 Reserve Money: 2016 and 2017 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..65

Table 4.9 Peso Cross Rates by Country: 2016 and 2017 ………………………………………………………………………………………………………………………….66

Table 4.10 Balance of Payment: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….67

Table 4.11 Loans by Type of Commercial Banks: 2016 and 2017 ………………………………………………………………………………………………………………………………………………………………………….70

Table 4.12 Broad Money Liabilities: 2016 and 2017 …………………………………………………………………………………………………………………..…………………………………………………………………………………………………………………………………………………………………….....…71

Table 4.13 Guiding Rate Average: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………………………72

Table 4.14 Effective Exchange Rate Indices of the Peso: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………………………………………………………………………72

Chapter V - Investments

Shares and Stocks: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….....…75

Volume Traded: 2016 and 2017 ……………………………………………………………………………..……………………………………………………………………………………………………………………………………………………………………………………….....…75

Table 5.1 Table 5.2 Table 5.3 Value of Shares Traded: 2016 and 2017 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….....…76

Chapter VI - Government Finance

Table 6.1 National Government Outstanding Debt: 2016 and 2017 ……………………………………………………………………………………………………………………………………………………….……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….....…79

National Government Debt Service: 2016 and 2017 ………………………………………………………………………………………………………………………………………………………………….……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….....…79Table 6.2 Table 6.3 National Government Cash Operations: 2016 and 2017 …………………………………………………………………………………………………………………………………………………………...……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….....…81

Chapter VII- Labor

Remittances of Overseas Filipino Workers by Country of Origin and Type of Worker : 2016 and 2017………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..85Table 7.1 Table 7.2 Strike Notices and Actual Strikes: 2016 and 2017 ………………………………………………………………………………………………………………………………………………………………………………………………………………………….....…87

Chapter VIII - Tourism and Transportation

Table 8.1 Visitor Arrivals by Country of Residence: 2016 and 2017……………………………………………………………………………………………………………………………………………………….……………………………………………………………………………………………..…………………………………………………………………………………………………………………………………………………………………….....…91

Light Rail Transit: Philippines, 2016 ………………………………………………………………………………………………………………………………………………………………..……………………………………………………………………………………………..…………………………………………………………………………………………………………………………………………………………………….....…92

Metro Rail Transit: Philippines, 2016 and 2017 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….……………………………………………………………………………………………..92

Domestic Air Transport by Region: 2016 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………..…………………………………………………………………………………………………………………………………………………………………….....…93

Table 8.2 Table 8.3 Table 8.4 Table 8.5 Sales: 2016 and 2017 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………96

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… Data not available

0 Zero

- Nil

p Preliminary

r Revised

N.E.C Not elsewhere classified

s Suppressed

DMT Dry metric ton

Kg Kilogram

M Million

MT Metric ton

PhP Philippine Peso

PB Billion peso

PM Million peso

NCR National Capital Region

CAR Cordillera Administrative Region

NIR Negros Island Region

ARMM Autonomous Region in Muslim Mindanao

CALABARZON Cavite, Laguna, Batangas, Rizal, Quezon

MIMAROPA Occidental Mindoro, Oriental Mindoro, Marinduque, Romblon, Palawan

SOCCSKSARGEN South Cotabato, Cotabato, Cotabato City, Sultan Kudarat, Sarangani, General Santos City

Standard symbols, units of measure, and acronyms used in this publication

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SPECIAL FEATURE

One in Every Ten Filipinos Aged 6 to 24 Years is an Out of School Child and Youth

Almost ten percent of the estimated 39 million Filipinos, 6 to 24 years old were out-of-school children and youth (OSCY), according to the results of the 2016 Annual Poverty Indicators Survey (APIS). In this report, OSCY refers to family members 6 to 14 years old who are not attending formal school; and family members 15 to 24 years old who are currently out of school, not gainfully employed, and have not finished college or post-secondary course.

According to the results of the survey, less than two percent of children aged 6 to 11 years were OSCYs; which is twice lower than the 3.5 percent of the total children aged 12 to 15 years who were not attending school.

Of the 3.8 million OSCYs, 87.3 percent were 16 to 24 years old, 7.7 percent were 12 to 15 years old and 5.0 percent were 6 to 11 years old. The proportion of OSCYs was higher among females than males (Table 1).

The most common reasons among OSCYs for not attending school were marriage or family matters (42.3%), high cost of education or financial concerns (20.2%), and lack of personal interest (19.7%). Among females, marriage or family matters was the main reason for not attending school with 59.3 percent; while it is the lack of personal interest among males with 36.5 percent (Table 2).

Nationwide, about 53 percent of OSCYs belong to families whose income fall at the bottom 30 percent based on their per capita income (Table 3).

The APIS is a nationwide survey conducted by the Philippine Statistics Authority. Around11,000 sample households are covered in the survey nationwide. The survey is designed to provide non-income indicators related to poverty at the national level. It aims to gather data on the socio-economic profile of families and other information related to their living condition.

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Sex/Age Group Family members 6 to 24 Years Old ('000) Percentage of OSCY Proportion Among the OSCY

Both Sexes 38,971 9.8 100.0

Male 19,970 5.9 31.1

Female 19,001 13.8 68.9

Age Group

6 to 11 12,875 1.5 5.0

12 to 15 8,366 3.5 7.7

16 to 24 17,730 18.7 87.3

Source: Philippine Statistics Authority, Annual Poverty Indicators Survey 2016

TABLE 1. Percentage of OSCY Among Family Members 6 to 24 Years Old by Sex: Philippines, 2016

ix

PSA
Typewritten Text
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Total 6 to 11 12 to 15 16 to 24 Total 6 to 11 12 to 15 16 to 24 Total 6 to 11 12 to 15 16 to 24

Number of OSCYs ('000) 1,184 116 177 891 2,623 75 116 2,431 3,807 191 294 3,322

Accessibility of school 1.4 3.7 4.7 0.4 0.6 5.0 6.2 0.2 0.9 4.2 5.3 0.3

Illness/disability 12.6 40.7 10.3 9.4 4.2 38.0 12.9 2.8 6.8 39.6 11.4 4.5

Marriage/family matters 4.5 1.4 - 5.9 59.3 - 11.0 63.5 42.3 0.8 4.4 48.0

High cost of education/financial concern 27.7 23.3 19.5 29.9 16.8 29.7 21.2 16.2 20.2 25.9 20.2 19.9

Employment/looking for work 12.4 - 2.8 15.9 4.6 - 7.4 4.6 7.0 - 4.6 7.6

Finished schooling or finished post secondary or college 1.2 - - 1.5 0.5 - - 0.6 0.7 - - 0.8

Lack of personal interest 36.5 18.5 61.0 34.0 12.0 16.4 39.2 10.6 19.7 17.7 52.4 16.9

Problem with school record/birth certificate 1.3 3.1 - 1.3 0.2 1.8 1.5 0.1 0.5 2.6 0.6 0.4

Too young to go to school 0.9 9.2 - - 0.2 7.9 - - 0.4 8.7 - -

Others 1.6 - 1.6 1.8 1.4 1.2 0.7 1.4 1.4 0.5 1.2 1.5

Total 100 100 100 100 100 100 100 100 100 100 100 100

Note: - denotes zero count or less than 0.05 percent

Source: Philippine Statistics Authority, Annual Poverty Indicators Survey 2016

Reason for Not Attending SchoolMale Female Both Sexes

TABLE 2 Percent Distribution of OSCY by Reason for Not Attending School by Sex and Age Group: Philippines, 2016

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Decile Male Female Both SexesBoth Sexes

(Cumulative)

Number of OSCYs (in '000) 1,184 2,623 3,807

First Decile 23.5 20.2 21.2 21.2

Second Decile 14.7 17.5 16.6 37.9

Third Decile 15.2 14.6 14.8 52.7

Fourth Decile 11.9 11.8 11.9 64.5

Fifth Decile 9.1 12.6 11.5 76.0

Sixth Decile 7.4 10.3 9.4 85.4

Seventh Decile 5.4 6.9 6.4 91.8

Eight Decile 7.9 3.6 5.0 96.8

Ninth Decile 2.8 1.9 2.2 98.9

Tenth Decile 2.2 0.6 1.1 100.0

Total 100.0 100.0 100.0

Note: In Ascending value of the family per capita income, families are grouped into per capita income deciles.

The first decile represents the poorest families.

Source: Philippine Statistics Authority, Annual Poverty Indicators Survey 2016

TABLE 3 Percent Distribution of OSCY by Per Capita Income Decile and Sex: Philippines, 2016

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CHAPTER I

Prices, Inflation Rate, and Purchasing

Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 3

Indicator Year Average January February March April May June July August September October November December

Philippines

All items 2017 147.5 146.8 147.2 147.5 147.8 147.8 147.9

2016 144.0 142.9 142.5 142.6 142.9 143.4 144.0 144.2 144.3 144.6 144.9 145.8 146.3

Food and non-alcoholic beverages 2017 165.8 165.6 165.8 165.2 165.6 165.9 166.5

2016 161.2 160.1 159.2 158.8 159.0 160.0 160.9 161.2 161.4 162.1 162.8 164.4 164.7

Food 2017 168.1 168.0 168.1 167.5 168.0 168.2 168.7

2016 163.3 162.2 161.2 160.7 161.0 162.0 162.9 163.3 163.5 164.2 164.9 166.7 167.0

Bread and Cereals 2017 173.2 172.8 173.0 173.3 173.3 173.5 174.1

2016 171.2 169.9 169.9 169.8 169.9 170.1 170.6 171.3 171.9 172.4 172.7 172.7 172.7

Meat 2017 144.5 141.8 142.7 143.8 145.2 146.5 147.1

2016 140.5 139.5 139.5 139.4 139.4 140.2 140.5 141.2 141.1 141.0 141.0 141.1 141.6

Fish 2017 181.1 179.6 180.3 180.0 182.0 181.6 182.8

2016 169.6 169.1 168.0 168.2 167.3 168.2 169.1 169.3 169.3 169.0 170.2 172.5 175.2

Milk, cheese, and eggs 2017 147.7 146.8 147.2 147.8 148.0 148.0 148.1

2016 145.1 143.7 143.9 144.1 144.2 144.5 144.9 145.1 145.5 145.9 146.2 146.4 146.6

Oils and fats 2017 192.2 187.8 190.0 191.6 193.6 194.9 195.1

2016 183.5 178.8 178.8 179.1 180.7 182.8 183.9 185.1 185.6 186.3 186.4 186.9 187.2

Fruit 2017 191.7 193.8 191.8 191.1 191.8 192.1 189.5

2016 182.4 178.8 177.7 177.7 180.0 178.5 177.1 177.1 181.2 186.1 189.5 192.3 193.0

Vegetables 2017 188.8 198.3 195.6 186.1 183.7 183.6 185.7

2016 182.3 182.6 173.4 168.4 169.9 176.6 183.3 183.2 180.1 184.2 187.3 200.2 198.0

Sugar, jam, honey, chocolate 2017 142.7 144.2 144.0 143.2 142.3 141.9 140.8

and confectionery 2016 143.7 141.6 142.1 142.9 143.5 143.9 144.2 144.4 144.5 144.4 144.4 144.2 144.2

Food products N.E.C. 2017 162.7 162.9 163.5 161.9 161.9 163.0 163.1

2016 161.3 160.9 161.2 160.3 161.8 162.3 162.9 162.4 161.0 160.0 160.2 161.2 161.6

Non-alcoholic beverages 2017 134.4 134.0 134.2 134.3 134.5 134.6 134.7

2016 133.3 132.3 132.7 132.9 133.1 133.1 133.2 133.3 133.5 133.6 133.8 133.9 133.9

Alcoholic beverages and tobacco 2017 202.2 198.8 200.8 202.5 202.9 203.6 204.5

2016 192.8 188.2 189.4 190.3 190.9 191.9 192.5 193.0 193.6 194.1 194.3 196.9 198.1

Clothing and footwear 2017 142.1 141.6 141.8 142.1 142.2 142.3 142.6

2016 139.5 137.8 138.0 138.1 138.4 139.2 139.6 139.9 140.2 140.3 140.6 140.8 141.0

Continued

TABLE 1.1 Consumer Price Index by Commodity and Region: 2016 and 2017

(2006=100)

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4

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Housing, water, electricity, gas, 2017 132.3 130.3 131.9 133.2 133.5 133.2 131.6

and other fuels 2016 128.9 128.0 128.2 128.1 128.8 128.6 128.9 129.1 129.0 129.0 129.1 129.6 130.0

Furnishing, household equipment 2017 135.6 135.1 135.2 135.6 135.7 135.9 136.1

and routine maintenance of the 2016 133.4 132.0 132.2 132.3 132.5 132.9 133.3 133.6 134.0 134.2 134.4 134.6 134.8

house

Health 2017 145.3 144.5 145.0 145.3 145.4 145.6 145.8

2016 142.6 140.9 141.3 141.4 141.8 142.2 142.5 142.9 143.2 143.4 143.6 143.8 143.9

Transport 2017 131.0 130.8 130.1 130.8 131.6 131.4 131.1

2016 128.0 127.7 126.5 127.5 127.5 128.0 128.0 127.8 127.4 127.7 128.0 128.3 131.3

Communication 2017 92.9 92.8 92.9 92.9 93.0 93.0 93.0

2016 92.8 92.7 92.7 92.7 92.7 92.8 92.8 92.8 92.8 92.8 92.8 92.8 92.8

Recreation and culture 2017 118.3 118.1 118.2 118.3 118.3 118.4 118.5

2016 117.1 115.9 116.1 116.2 116.5 116.8 117.3 117.5 117.5 117.6 117.7 117.7 117.9

`

Education 2017 161.6 161.0 161.0 161.0 161.0 161.0 164.3

2016 159.8 158.1 158.1 158.1 158.1 158.1 160.9 160.9 160.9 160.9 160.9 161.0 161.0

Restaurant and miscellaneous 2017 134.6 134.2 134.4 134.5 134.5 134.7 135.2

goods and services 2016 132.9 131.3 131.6 132.2 132.5 132.6 133.0 133.2 133.4 133.5 133.7 133.7 134.0

National Capital Region

All items 2017 137.0 135.9 136.8 137.2 137.5 137.6 137.1

2016 133.4 132.0 132.1 131.9 132.3 132.7 133.0 133.4 133.6 134.1 134.5 135.0 135.8

Food and non-alcoholic beverages 2017 160.3 160.0 160.3 159.5 160.0 161.0 161.1

2016 153.5 150.7 150.4 149.7 150.2 151.7 152.4 152.9 153.7 155.2 156.7 158.2 159.7

Food 2017 162.9 162.6 162.9 162.0 162.6 163.6 163.7

2016 155.6 152.8 152.4 151.6 152.1 153.7 154.4 155.0 155.8 157.4 159.1 160.7 162.3

Bread and Cereals 2017 174.4 175.0 174.9 174.1 173.6 174.4 174.3

2016 171.9 170.0 169.7 169.7 169.2 169.8 171.2 172.5 173.0 173.3 174.5 175.0 175.1

Meat 2017 147.9 143.7 145.1 147.5 149.3 151.1 150.9

2016 141.6 139.7 140.3 139.5 139.6 142.0 141.9 142.8 142.5 141.8 142.1 142.8 144.0

Fish 2017 165.2 166.3 166.5 162.3 164.8 165.8 165.4

2016 150.3 146.2 148.2 147.8 146.5 148.8 149.4 149.5 151.0 149.8 151.8 153.6 160.9

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 5

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Milk, cheese, and eggs 2017 145.8 143.5 144.4 146.0 146.7 146.8 147.1

2016 142.0 140.2 140.6 141.2 141.2 141.3 141.6 142.2 142.7 143.2 143.2 143.1 143.4

Oils and fats 2017 221.5 211.8 214.9 218.5 223.7 229.3 230.9

2016 204.4 197.0 197.2 196.2 199.1 202.5 205.5 207.0 207.9 209.0 209.5 210.1 211.2

Fruit 2017 178.5 183.6 181.3 180.3 176.2 174.7 174.8

2016 168.8 158.1 156.2 160.2 166.7 163.9 162.2 161.2 167.9 179.5 181.4 183.7 185.1

vegetables 2017 176.1 183.3 182.1 172.6 171.5 172.4 174.6

2016 162.1 161.4 153.5 144.0 146.9 152.2 155.7 155.7 156.6 168.2 177.5 186.8 187.2

Sugar, jam, honey, chocolate 2017 134.9 133.1 134.3 135.1 135.3 135.6 135.8

and confectionery 2016 131.1 127.3 127.6 130.3 130.5 131.0 131.6 132.2 132.4 132.6 132.6 132.6 132.8

Food products N.E.C. 2017 152.2 152.4 152.5 151.2 152.1 153.0 152.7

2016 148.1 146.2 146.4 145.9 149.1 149.4 149.3 148.2 147.2 146.8 148.2 149.2 151.5

Non-alcoholic beverages 2017 130.7 129.9 130.2 130.6 130.9 131.3 131.4

2016 129.0 127.1 128.1 128.4 128.6 129.0 129.1 129.5 129.5 129.5 129.7 129.7 129.7

Alcoholic beverages and tobacco 2017 172.1 166.1 169.7 172.8 173.2 174.4 176.2

2016 162.1 158.4 158.7 159.1 159.7 161.3 162.2 163.8 163.9 163.9 164.1 164.8 165.7

Clothing and footwear 2017 148.4 147.7 148.0 148.4 148.5 148.7 148.8

2016 145.0 142.8 143.0 143.0 143.2 145.4 145.5 145.6 146.2 146.2 146.5 146.5 146.6

Housing, water, electricity, gas, 2017 123.2 120.6 123.1 124.7 125.1 124.4 121.1

and other fuels 2016 120.9 120.4 121.2 120.7 121.5 120.7 120.6 121.2 120.8 120.8 120.6 120.7 121.0

Furnishing, household equipment 2017 129.9 128.8 129.0 130.0 130.2 130.5 130.6

and routine maintenance of the 2016 127.7 126.8 126.8 126.8 127.0 127.1 127.2 127.2 128.5 128.6 128.8 128.8 128.8

house

Health 2017 150.8 149.7 150.5 150.9 151.1 151.2 151.5

2016 148.1 147.2 147.3 147.3 147.9 148.0 148.1 148.2 148.3 148.6 148.7 148.8 148.8

Transport 2017 205.0 120.2 119.1 119.5 119.7 119.4 119.6 717.5

2016 116.3 116.3 115.5 116.1 115.5 116.1 116.1 115.9 115.7 116.0 116.3 116.6 119.4

Communication 2017 94.9 94.4 94.9 95.0 95.1 95.1 95.1

2016 94.4 94.3 94.3 94.3 94.4 94.4 94.4 94.4 94.4 94.4 94.4 94.4 94.4

Recreation and culture 2017 125.3 125.1 125.1 125.2 125.2 125.2 125.8

2016 122.9 120.3 120.7 120.7 121.3 122.1 123.4 124.2 124.2 124.3 124.4 124.4 124.4

Continued

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TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Education 2017 167.8 167.3 167.3 167.3 167.3 167.3 170.2

2016 165.5 163.0 163.0 163.0 163.0 163.0 167.3 167.3 167.3 167.3 167.3 167.3 167.3

Restaurant and miscellaneous 2017 126.2 125.6 125.8 125.9 125.9 126.1 127.8

goods and services 2016 124.8 123.6 123.9 124.6 124.8 124.8 124.8 124.9 125.0 125.1 125.1 125.1 125.5

Areas Outside National Capital

Region

All items 2017 150.8 150.2 150.5 150.7 151.0 151.1 151.3

2016 147.4 146.3 145.8 145.9 146.2 146.7 147.4 147.6 147.6 147.9 148.2 149.2 149.6

Food and non-alcoholic beverages 2017 166.9 166.8 166.9 166.4 166.8 167.0 167.6

2016 162.9 162.1 161.0 160.7 160.9 161.7 162.7 163.0 163.0 163.6 164.1 165.7 165.8

Food 2017 169.2 169.1 169.2 168.7 169.1 169.2 169.8

2016 164.9 164.1 163.0 162.6 162.8 163.7 164.7 165.0 165.1 165.6 166.1 167.9 168.0

Bread and Cereals 2017 173.2 172.5 172.7 173.2 173.3 173.4 174.1

2016 171.0 169.9 169.9 169.8 170.0 170.1 170.5 171.1 171.7 172.3 172.4 172.3 172.3

Meat 2017 143.5 141.3 142.0 142.7 144.0 145.1 146.0

2016 140.1 139.4 139.2 139.4 139.3 139.7 140.1 140.7 140.7 140.8 140.7 140.6 140.9

Fish 2017 184.0 182.0 182.9 183.3 185.2 184.5 186.0

2016 173.2 173.3 171.7 172.0 171.2 171.8 172.7 172.9 172.7 172.5 173.6 176.0 177.8

Milk, cheese, and eggs 2017 148.1 147.6 147.9 148.2 148.3 148.3 148.3

2016 145.9 144.6 144.7 144.9 145.0 145.3 145.8 145.9 146.2 146.6 147.0 147.3 147.4

Oils and fats 2017 185.4 182.3 184.3 185.4 186.7 186.9 186.8

2016 178.6 174.6 174.6 175.1 176.5 178.3 178.9 180.0 180.5 181.0 181.1 181.5 181.6

Fruit 2017 195.4 196.6 194.7 194.1 196.2 197.0 193.7

2016 186.2 184.6 183.7 182.6 183.7 182.6 181.3 181.5 184.9 187.9 191.7 194.7 195.2

Vegetables 2017 191.6 201.6 198.5 189.1 186.4 186.0 188.1

2016 186.7 187.3 177.7 173.8 174.9 182.0 189.4 189.2 185.2 187.7 189.5 203.1 200.4

Sugar, jam, honey, chocolate 2017 144.1 146.2 145.7 144.7 143.5 143.0 141.7

and confectionery 2016 146.0 144.2 144.7 145.2 145.8 146.2 146.5 146.6 146.7 146.5 146.5 146.3 146.2

Food products N.E.C. 2017 165.1 165.3 166.0 164.4 164.1 165.3 165.5

2016 164.3 164.3 164.6 163.6 164.7 165.3 166.0 165.6 164.2 163.0 162.9 164.0 163.9

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 7

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Non-alcoholic beverages 2017 135.3 135.1 135.2 135.3 135.4 135.4 135.6

2016 134.4 133.6 133.9 134.0 134.2 134.2 134.3 134.3 134.5 134.7 134.8 135.0 135.0

Alcoholic beverages and tobacco 2017 208.2 205.4 207.0 208.4 208.9 209.4 210.2

2016 198.9 194.2 195.6 196.5 197.2 198.0 198.6 198.9 199.6 200.1 200.4 203.3 204.6

Clothing and footwear 2017 140.0 139.6 139.8 140.0 140.1 140.2 140.5

2016 137.7 136.2 136.4 136.5 136.8 137.1 137.6 138.0 138.2 138.4 138.7 138.9 139.2

Housing, water, electricity, gas, 2017 136.4 134.6 135.8 137.0 137.3 137.2 136.3

and other fuels 2016 132.5 131.4 131.4 131.5 132.1 132.2 132.7 132.7 132.7 132.7 132.9 133.6 134.0

Furnishing, household equipment 2017 137.7 137.3 137.4 137.6 137.7 137.8 138.1

and routine maintenance of the 2016 135.4 133.9 134.1 134.2 134.5 135.0 135.4 135.8 135.9 136.2 136.4 136.7 136.9

house

Health 2017 143.7 143.1 143.5 143.7 143.8 144.0 144.2

2016 141.1 139.2 139.6 139.8 140.1 140.6 141.0 141.5 141.8 142.0 142.2 142.4 142.6

Transport 2017 134.5 134.1 133.6 134.3 135.3 135.2 134.7

2016 131.6 131.2 130.0 131.0 131.2 131.7 131.7 131.5 131.1 131.4 131.6 132.0 135.0

Communication 2017 92.0 92.0 92.0 92.0 92.1 92.1 92.0

2016 92.0 92.0 91.9 91.9 91.9 92.0 92.0 92.0 92.0 92.0 92.0 92.0 92.0

Recreation and culture 2017 115.9 115.7 115.8 115.9 115.9 116.0 116.0

2016 115.0 114.4 114.5 114.6 114.8 115.0 115.1 115.1 115.2 115.2 115.3 115.4 115.6

Education 2017 159.8 159.2 159.2 159.2 159.2 159.2 162.6

2016 158.1 156.7 156.7 156.7 156.7 156.7 159.1 159.1 159.1 159.1 159.1 159.2 159.2

Restaurant and miscellaneous 2017 138.2 137.9 138.1 138.2 138.3 138.4 138.4

goods and services 2016 136.4 134.6 134.9 135.5 135.8 136.0 136.6 136.8 137.1 137.2 137.4 137.5 137.7

Cordillera Administrative

Region

All items 2017 143.6 143.8 144.0 143.6 143.0 143.3 144.0

2016 142.0 141.1 140.9 141.1 140.9 140.9 141.6 142.4 141.2 142.3 142.7 144.4 144.2

Food and non-alcoholic beverages 2017 156.7 158.4 157.8 155.9 155.1 155.9 157.1

2016 155.9 155.0 154.2 154.6 153.5 153.4 154.6 156.1 154.4 156.5 157.0 161.1 160.2

Food 2017 157.8 159.6 158.9 156.9 156.1 156.9 158.2

2016 156.9 156.0 155.1 155.6 154.4 154.3 155.6 157.1 155.3 157.5 158.1 162.4 161.4

Bread and Cereals 2017 155.6 155.2 155.4 155.4 155.5 155.9 156.0

2016 153.8 152.4 152.8 153.2 153.4 153.7 153.6 153.9 154.1 154.2 154.8 154.9 155.0

Continued

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8

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Meat 2017 134.9 134.1 134.4 134.0 133.9 135.1 137.8

2016 133.1 133.0 133.6 133.3 132.7 132.3 132.1 132.7 133.2 133.2 133.3 133.6 133.9

Fish 2017 177.5 175.9 176.9 177.9 177.7 178.2 178.4

2016 173.2 167.9 167.1 175.4 174.6 173.3 173.1 171.9 171.7 175.3 176.2 176.3 176.0

Milk, cheese, and eggs 2017 139.9 138.8 139.6 139.7 140.0 140.4 140.6

2016 137.5 136.4 136.6 136.7 136.8 137.1 137.1 137.7 137.9 138.2 138.3 138.4 138.5

Oils and fats 2017 182.6 180.9 182.2 182.4 182.7 182.9 184.3

2016 180.7 180.5 179.9 180.1 180.4 180.2 180.2 181.1 181.1 181.3 181.4 180.9 181.2

Fruit 2017 196.8 203.3 198.7 194.9 193.8 196.0 194.2

2016 196.7 205.1 199.3 196.5 189.5 190.7 192.6 194.4 190.1 191.8 197.6 205.5 206.9

Vegetables 2017 177.7 195.1 188.2 172.9 166.8 168.4 174.5

2016 184.3 181.5 175.5 171.6 166.5 166.9 178.4 189.3 173.7 188.7 188.2 220.1 210.7

Sugar, jam, honey, chocolate 2017 139.1 139.8 139.5 139.5 139.2 138.3 138.3

and confectionery 2016 138.0 135.4 136.2 136.5 137.4 138.2 138.5 138.7 138.7 138.9 138.9 139.3 139.6

Food products N.E.C. 2017 159.9 162.3 163.1 160.6 156.9 158.3 158.3

2016 167.2 174.3 173.2 170.9 167.9 164.1 164.0 166.8 166.6 164.8 164.6 165.5 163.9

Non-alcoholic beverages 2017 139.2 139.0 139.1 139.1 139.2 139.2 139.5

2016 138.9 139.0 139.0 139.0 139.0 138.8 138.9 138.8 138.9 138.9 138.9 139.0 139.0

Alcoholic beverages and tobacco 2017 212.6 208.0 210.9 212.9 213.4 214.6 215.7

2016 201.3 194.2 197.2 198.3 199.7 200.8 201.2 201.9 202.8 202.8 204.0 205.9 206.2

Clothing and footwear 2017 135.5 134.6 135.2 135.5 135.8 136.0 136.0

2016 132.0 130.2 130.5 130.7 131.4 131.4 132.2 132.4 132.5 132.6 132.7 133.4 134.1

Housing, water, electricity, gas, 2017 132.7 131.5 133.1 134.0 132.9 132.4 132.4

and other fuels 2016 130.6 130.1 130.3 129.8 130.9 131.1 131.2 131.7 130.1 130.6 130.6 130.4 130.2

Furnishing, household equipment 2017 130.6 130.3 130.4 130.4 130.7 130.7 130.9

and routine maintenance of the 2016 129.5 128.9 129.0 129.4 129.4 129.4 129.5 129.5 129.5 129.6 129.7 129.8 130.0

house

Health 2017 132.3 132.2 132.2 132.3 132.3 132.4 132.6

2016 131.4 130.4 130.9 130.9 131.2 131.3 131.5 131.5 131.5 131.6 131.6 131.9 132.0

Transport 2017 132.8 132.6 132.0 133.3 133.3 133.0 132.6

2016 129.9 129.1 128.3 129.9 129.1 129.6 130.3 129.8 129.3 129.7 130.5 131.1 132.2

Communication 2017 83.3 83.3 83.3 83.3 83.3 83.3 83.3

2016 83.2 83.1 83.1 83.1 83.1 83.2 83.2 83.2 83.2 83.2 83.2 83.2 83.2

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 9

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Recreation and culture 2017 109.4 109.2 109.3 109.3 109.4 109.4 109.52016 108.5 108.0 108.1 108.0 108.1 108.3 108.4 108.5 108.6 108.6 108.9 109.0 109.1

Education 2017 161.9 161.8 161.8 161.8 161.8 161.8 165.92016 161.0 159.9 159.9 159.9 159.9 159.9 161.6 161.8 161.8 161.8 161.8 161.8 161.8

Restaurant and miscellaneous 2017 132.6 131.3 131.4 131.4 131.4 131.7 131.8

goods and services 2016 129.8 129.0 129.5 129.5 129.5 129.6 129.5 129.7 129.8 129.9 130.0 130.2 131.2

I - Ilocos Region

All items 2017 138.7 138.8 138.6 138.3 138.5 138.7 139.12016 136.7 136.4 136.3 136.1 135.9 136.2 136.6 136.5 136.4 136.7 136.9 138.2 138.2

Food and non-alcoholic beverages 2017 153.7 154.5 153.9 153.0 153.2 153.4 154.42016 151.1 151.3 151.1 150.1 149.6 150.0 150.4 150.6 150.4 150.8 151.1 154.2 153.8

Food 2017 155.8 156.6 156.0 155.0 155.2 155.5 156.52016 153.0 153.3 153.0 152.0 151.4 151.9 152.2 152.5 152.3 152.6 153.0 156.3 156.0

Bread and Cereals 2017 157.3 156.7 157.1 157.5 157.4 157.5 157.72016 155.0 155.4 155.7 154.8 154.4 154.0 153.7 154.5 155.3 155.4 155.2 156.0 156.1

Meat 2017 135.1 133.6 134.1 133.9 134.9 136.1 137.82016 132.9 131.8 132.6 132.6 132.4 132.8 133.6 133.6 133.2 133.0 133.4 132.9 133.1

Fish 2017 180.2 175.4 178.3 179.8 180.7 182.3 184.72016 171.3 169.5 171.7 171.4 172.3 174.3 174.1 172.8 170.9 167.9 168.8 170.4 171.5

Milk, cheese, and eggs 2017 142.4 142.3 142.4 142.5 142.5 142.3 142.32016 141.2 140.4 140.6 140.6 140.7 141.1 141.2 141.3 141.3 141.8 141.9 142.1 141.8

Oils and fats 2017 157.6 157.1 157.4 157.7 157.8 157.9 157.92016 156.3 155.3 155.7 155.7 155.9 156.3 156.3 156.4 156.5 156.5 156.8 156.8 156.8

Fruit 2017 174.1 176.7 175.0 172.0 173.0 173.5 174.62016 172.3 173.3 173.8 170.6 171.7 170.6 168.7 168.3 168.9 172.9 174.9 176.7 176.9

Vegetables 2017 170.9 189.7 177.8 166.1 164.7 162.7 164.22016 172.1 178.0 168.9 162.9 157.1 159.7 162.8 184.5 162.8 169.1 170.1 197.2 191.9

Sugar, jam, honey, chocolate 2017 143.0 143.7 143.8 143.0 142.8 142.3 142.1

and confectionery 2016 143.5 140.9 141.9 142.9 143.2 143.3 144.0 144.4 144.5 144.1 144.2 144.2 144.2

Food products N.E.C. 2017 141.7 142.4 141.8 141.0 140.8 142.0 142.12016 141.0 140.5 140.4 140.3 140.2 141.0 141.5 141.9 141.8 141.2 141.0 140.4 141.3

Non-alcoholic beverages 2017 126.9 126.8 126.8 126.9 126.9 126.9 127.02016 126.4 126.0 126.1 126.1 126.3 126.3 126.5 126.5 126.5 126.7 126.7 126.7 126.7

Continued

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10

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Alcoholic beverages and tobacco 2017 198.9 197.3 197.9 199.2 199.3 199.3 200.4

2016 195.8 192.7 194.8 194.9 195.3 195.8 196.1 196.4 196.5 196.7 196.7 196.8 196.9

Clothing and footwear 2017 128.0 127.9 128.0 128.0 128.0 128.0 128.1

2016 126.7 126.0 126.2 126.3 126.5 126.6 126.7 126.9 127.0 127.0 127.0 127.0 127.0

Housing, water, electricity, gas, 2017 122.2 121.5 121.8 121.9 122.1 122.7 122.9

and other fuels 2016 121.0 120.5 120.2 120.5 120.9 120.9 121.8 120.8 121.1 121.3 121.2 121.4 121.1

Furnishing, household equipment 2017 130.6 130.3 130.6 130.6 130.6 130.6 130.7

and routine maintenance of the 2016 128.5 127.6 128.0 128.0 128.5 128.5 128.6 128.6 128.7 128.7 128.7 128.7 128.8 house

Health 2017 146.8 146.7 146.8 146.8 146.8 146.8 146.8

2016 144.9 143.7 143.8 143.8 144.3 144.5 145.4 145.4 145.5 145.5 145.5 145.6 145.6

Transport 2017 128.9 128.5 127.5 129.7 130.0 129.1 128.5

2016 125.0 123.8 124.0 125.9 124.4 124.7 125.8 124.7 124.3 124.6 125.6 124.8 127.3

Communication 2017 89.7 89.5 89.7 89.7 89.7 89.7 89.7

2016 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.5 89.5

Recreation and culture 2017 109.2 109.2 109.2 109.2 109.2 109.2 109.2

2016 109.0 108.9 108.9 108.9 109.0 109.1 109.1 109.1 109.1 109.1 109.1 109.1 109.1

Education 2017 139.0 138.9 138.9 138.9 138.9 138.9 139.3

2016 138.4 137.8 137.8 137.8 137.8 137.8 138.9 138.9 138.9 138.9 138.9 138.9 138.9

Restaurant and miscellaneous 2017 118.3 118.2 118.3 118.3 118.3 118.3 118.3

goods and services 2016 117.9 117.6 117.6 117.7 117.8 117.9 118.0 118.0 118.0 118.0 118.0 118.1 118.1

II - Cagayan Valley

All items 2017 152.2 152.2 152.4 151.7 151.7 152.2 153.1

2016 148.2 146.7 146.3 146.1 146.5 147.2 147.8 148.1 147.9 148.2 148.4 152.8 152.6

Food and non-alcoholic beverages 2017 168.0 169.9 168.7 166.7 166.3 167.5 168.7

2016 163.4 162.2 160.8 159.8 159.8 161.0 162.3 163.1 162.8 163.1 163.1 172.2 170.0

Food 2017 170.7 172.7 171.6 169.4 169.0 170.2 171.5

2016 165.8 164.6 163.1 162.1 162.1 163.4 164.7 165.6 165.2 165.6 165.6 175.2 172.9

Bread and Cereals 2017 175.4 175.6 175.4 175.7 175.4 175.0 175.4

2016 173.6 173.4 173.2 172.8 172.8 172.1 173.0 173.6 173.6 174.1 173.9 174.9 175.8

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 11

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Meat 2017 143.0 140.2 140.2 141.2 144.3 145.3 146.9

2016 139.6 139.7 139.1 139.7 139.2 139.4 140.1 139.7 139.9 139.7 139.0 140.1 140.0

Fish 2017 177.4 175.0 175.1 176.3 177.1 179.1 182.0

2016 165.8 160.9 161.1 160.9 162.2 163.8 164.0 167.0 167.1 169.2 167.8 171.5 174.0

Milk, cheese, and eggs 2017 142.1 141.6 141.4 142.3 142.3 142.3 142.6

2016 140.9 140.5 140.6 140.7 140.6 140.6 140.6 140.3 140.9 141.5 141.5 141.6 141.2

Oils and fats 2017 168.3 161.9 164.9 168.7 170.5 171.8 172.1

2016 157.2 151.5 151.2 152.5 153.9 155.9 158.7 159.4 160.4 160.6 161.1 160.3 161.2

Fruit 2017 209.9 211.2 206.5 209.0 210.8 215.8 217.2

2016 194.3 190.6 189.9 188.7 191.4 193.5 191.9 194.8 193.4 195.1 196.0 201.5 205.0

Vegetables 2017 217.0 242.7 233.8 210.3 200.8 205.6 208.7

2016 209.0 208.2 196.7 189.6 187.1 195.7 202.6 204.8 201.1 200.7 203.5 271.9 246.4

Sugar, jam, honey, chocolate 2017 142.0 145.3 143.9 142.7 141.4 140.3 138.5

and confectionery 2016 144.6 140.9 144.5 144.3 144.5 144.8 144.4 144.4 145.2 145.3 145.2 145.8 145.9

Food products N.E.C. 2017 155.1 156.2 156.6 154.1 153.7 154.7 155.3

2016 156.8 158.5 157.4 155.7 157.0 157.1 158.8 158.4 156.7 154.5 155.8 156.3 155.0

Non-alcoholic beverages 2017 126.9 126.7 126.7 126.9 126.9 126.9 127.0

2016 126.1 125.8 125.5 125.5 125.8 125.8 125.9 126.1 126.6 126.5 126.5 126.6 126.7

Alcoholic beverages and tobacco 2017 226.6 219.1 224.9. 226.6 227.9 228.1 231.1

2016 209.8 204.3 207.3 209.1 209.4 209.4 209.4 209.7 209.8 210.6 210.8 212.8 215.2

Clothing and footwear 2017 130.9 129.5 130.3 130.8 131.3 131.4 131.8

2016 128.5 127.4 128.0 127.9 127.9 128.5 128.8 128.9 128.9 128.9 129.0 129.0 129.1

Housing, water, electricity, gas, 2017 135.6 133.3 134.7 135.7 136.9 136.3 136.9

and other fuels 2016 132.0 130.5 131.8 131.5 132.5 133.0 132.7 131.4 131.3 131.6 132.5 132.8 132.7

Furnishing, household equipment 2017 133.4 132.6 132.7 133.4 133.7 133.9 134.2

and routine maintenance of the 2016 131.0 128.5 129.0 129.1 130.9 131.3 131.3 131.7 131.8 131.9 131.9 132.2 132.4

house

Health 2017 143.0 140.8 140.9 143.9 144.1 144.1 144.3

2016 138.7 136.7 136.7 136.9 137.3 138.6 138.7 139.1 139.3 139.5 139.5 140.8 140.8

Transport 2017 143.6 142.9 145.8 144.1 142.8 142.9 142.9

2016 142.0 142.7 138.9 142.2 142.8 140.9 141.0 141.0 140.6 141.2 141.4 141.7 149.8

Communication 2017 87.9 87.9 87.9 87.9 87.9 87.9 87.9

2016 88.0 88.0 88.0 88.0 88.0 88.1 88.1 87.9 87.9 87.9 87.9 87.9 87.9

Continued

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12

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Recreation and culture 2017 103.5 103.3 103.3 103.5 103.6 103.6 103.7

2016 103.0 102.4 102.5 102.6 102.9 103.1 103.2 103.2 103.2 103.2 103.2 103.3 103.3

Education 2017 137.8 137.4 137.4 137.4 137.4 137.4 139.62016 136.6 135.5 135.5 135.5 135.5 135.5 137.4 137.4 137.4 137.4 137.4 137.4 137.4

Restaurant and miscellaneous 2017 134.3 133.7 133.9 134.0 134.6 134.6 134.8 goods and services 2016 130.8 126.5 128.5 129.3 130.2 130.7 130.9 131.3 131.9 132.3 132.3 132.4 133.5

III - Central Luzon

All items 2017 149.0 148.9 148.8 148.6 149.0 149.2 149.42016 145.2 143.6 142.9 143.0 143.1 144.0 145.2 145.6 145.7 146.3 146.8 148.2 148.5

Food and non-alcoholic beverages 2017 163.1 163.3 163.2 162.1 162.9 163.6 163.72016 159.0 158.1 156.4 156.1 156.1 157.1 158.5 159.3 159.0 160.3 161.0 163.4 163.0

Food 2017 164.7 164.9 164.8 163.6 164.5 165.2 165.22016 160.4 159.5 157.6 157.3 157.3 158.4 160.0 160.8 160.5 161.7 162.5 165.0 164.6

Bread and Cereals 2017 181.4 180.9 181.1 181.5 181.3 181.4 181.92016 180.3 180.2 180.1 179.2 179.2 179.0 179.7 180.1 180.5 181.8 181.9 181.3 180.6

Meat 2017 145.5 142.5 143.8 144.0 146.2 148.0 148.22016 141.6 140.2 139.3 139.7 139.6 141.1 141.7 143.5 143.2 143.2 142.9 142.3 142.3

Fish 2017 165.4 163.6 164.8 165.0 166.9 166.6 165.42016 154.3 149.9 148.9 152.2 152.3 152.4 154.6 155.6 153.9 153.9 157.1 159.9 161.0

Milk, cheese, and eggs 2017 146.9 146.5 146.8 147.0 147.1 147.1 147.12016 142.7 140.3 140.4 140.4 140.4 141.0 142.6 142.6 143.3 144.3 145.2 145.7 145.9

Oils and fats 2017 198.6 191.9 195.1 197.3 201.9 202.4 202.92016 184.3 173.4 173.5 175.0 178.2 183.5 184.7 188.5 189.9 191.3 191.2 191.4 191.3

Fruit 2017 176.0 177.5 173.9 173.6 177.7 178.6 174.42016 167.5 166.7 164.0 164.6 165.5 163.8 163.7 164.6 165.7 168.2 172.0 175.4 175.9

Vegetables 2017 167.7 184.6 176.5 160.1 159.7 160.9 164.12016 164.3 171.2 153.9 146.7 145.1 153.5 161.1 162.2 159.0 167.5 169.5 193.3 188.8

Sugar, jam, honey, chocolate 2017 141.2 142.6 142.5 140.8 140.5 140.6 140.2

and confectionery 2016 142.9 142.5 142.4 142.8 143.0 143.6 143.7 143.6 143.6 142.8 142.5 142.4 142.4

Food products N.E.C. 2017 173.1 173.6 174.9 171.8 171.4 173.0 174.12016 171.7 171.7 173.1 171.2 172.3 172.1 173.7 172.2 170.8 169.0 168.8 172.9 172.4

Non-alcoholic beverages 2017 141.6 141.4 141.3 141.6 141.6 141.7 141.82016 139.8 139.4 139.8 139.9 140.0 139.2 138.7 138.8 139.1 140.2 140.4 141.3 141.3

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 13

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Alcoholic beverages and tobacco 2017 204.5 202.9 204.4 204.5 204.6 205.0 205.4

2016 195.9 190.4 192.9 193.3 193.4 195.2 195.6 195.8 196.5 197.0 197.3 200.8 202.5

Clothing and footwear 2017 149.0 149.0 149.0 149.0 149.0 149.0 149.1

2016 144.6 141.9 142.0 141.9 141.9 142.8 144.3 145.7 145.9 146.5 146.9 147.2 148.3

Housing, water, electricity, gas, 2017 133.0 132.3 132.4 133.2 133.5 133.4 133.0

and other fuels 2016 128.9 127.4 126.7 127.2 127.8 128.4 129.5 129.2 129.2 129.2 129.6 131.0 131.6

Furnishing, household equipment 2017 136.6 136.7 136.7 136.5 136.5 136.5 136.5

and routine maintenance of the 2016 133.1 130.0 130.1 130.2 130.3 132.1 132.8 133.9 134.5 135.0 135.5 136.0 136.5

house

Health 2017 143.5 143.4 143.5 143.5 143.5 143.6 143.7

2016 139.2 136.1 136.3 136.5 136.5 137.9 139.3 140.4 140.7 141.1 141.5 141.5 142.4

Transport 2017 138.7 139.2 138.8 138.7 138.6 138.4 138.7

2016 136.1 135.1 134.7 135.1 135.5 135.9 136.2 136.2 135.7 136.2 136.7 137.0 138.5

Communication 2017 89.2 89.2 89.2 89.2 89.2 89.2 89.3

2016 89.4 89.1 89.2 89.2 89.2 89.4 89.4 89.6 89.6 89.6 89.6 89.4 89.4

Recreation and culture 2017 130.9 130.8 130.8 130.9 130.9 130.9 131.1

2016 129.0 127.6 127.6 127.7 128.0 128.8 129.2 129.3 129.4 129.4 129.6 129.9 131.0

Education 2017 177.3 176.6 176.6 176.6 176.6 176.6 180.6

2016 174.6 172.4 172.4 172.4 172.4 172.4 176.0 176.1 176.1 176.1 176.1 176.6 176.6

Restaurant and miscellaneous 2017 141.6 141.4 141.5 141.7 141.7 141.7 141.7

goods and services 2016 138.6 135.9 135.9 136.4 136.4 137.3 138.5 139.2 140.1 140.2 141.0 141.1 141.3

IVA - CALABARZON

All items 2017 144.1 143.4 143.7 144.4 144.6 144.4 144.0

2016 140.9 141.2 140.2 139.9 140.0 140.2 140.6 140.8 140.7 141.1 141.3 142.4 142.7

Food and non-alcoholic beverages 2017 163.7 164.8 163.5 163.1 163.4 163.6 163.8

2016 159.8 162.2 159.4 158.0 157.6 158.0 158.8 158.6 158.8 159.8 160.3 162.6 163.0

Food 2017 165.8 167.0 165.6 165.1 165.4 165.6 165.8

2016 161.6 164.2 161.2 159.7 159.3 159.7 160.5 160.3 160.5 161.6 162.1 164.6 165.0

Bread and Cereals 2017 181.2 180.4 180.8 181.1 181.1 181.8 182.2

2016 178.9 179.2 178.6 178.5 178.3 178.3 182.2 178.2 178.6 179.3 179.3 180.0 180.2

Meat 2017 140.6 137.4 138.6 139.9 141.3 142.6 143.6

2016 135.9 135.6 135.7 135.8 135.5 135.7 135.8 136.6 136.1 136.1 135.6 135.6 136.3

Continued

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14

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Fish 2017 172.2 173.2 172.4 173.4 174.7 170.4 169.1

2016 160.2 166.4 161.6 160.3 158.3 157.4 159.1 156.8 157.3 157.0 158.6 163.4 165.8

Milk, cheese, and eggs 2017 146.1 145.4 145.8 146.4 146.4 146.3 146.5

2016 144.7 144.3 144.5 144.4 144.5 144.5 144.6 144.7 144.7 144.8 145.0 145.0 145.3

Oils and fats 2017 199.5 194.9 199.4 200.1 200.7 200.8 201.12016 191.8 188.9 188.2 188.3 189.9 192.5 192.6 192.9 193.0 193.8 193.6 193.8 193.8

Fruit 2017 194.6 202.9 193.8 190.6 195.2 195.5 189.52016 189.1 191.5 189.1 182.8 184.7 182.4 177.8 177.6 188.6 194.0 196.7 202.5 201.8

Vegetables 2017 173.7 193.8 177.0 168.0 164.0 167.4 171.72016 173.3 193.2 168.7 157.7 155.1 161.2 169.7 170.1 166.2 174.9 177.7 193.4 191.1

Sugar, jam, honey, chocolate 2017 147.6 151.4 150.2 149.8 145.8 144.8 143.5

and confectionery 2016 150.0 148.3 148.1 148.3 150.2 150.6 150.6 151.0 151.0 150.9 151.0 150.3 150.1

Food products N.E.C. 2017 161.2 162.9 163.3 159.9 159.3 161.1 160.62016 159.8 162.0 162.6 159.9 161.3 162.2 162.3 160.6 158.0 156.7 156.3 158.0 157.8

Non-alcoholic beverages 2017 137.0 136.9 137.0 137.0 137.0 137.0 137.02016 136.6 136.1 136.3 136.5 136.6 136.6 136.6 136.7 136.7 136.7 136.6 136.7 136.8

Alcoholic beverages and tobacco 2017 238.7 231.8 235.6 240.2 240.6 241.6 242.12016 217.9 211.2 212.7 214.3 214.9 216.0 216.6 216.9 217.9 218.5 218.8 226.1 230.6

Clothing and footwear 2017 139.5 139.1 139.4 139.5 139.5 139.6 139.82016 137.8 136.8 137.0 137.1 137.4 137.4 137.6 137.7 137.8 138.2 138.6 138.7 138.9

Housing, water, electricity, gas, 2017 122.7 119.7 122.6 124.7 124.8 123.8 120.7

and other fuels 2016 119.5 118.8 119.4 119.1 119.8 119.4 119.3 120.1 119.6 119.6 119.4 119.8 119.9

Furnishing, household equipment 2017 134.2 133.8 133.9 134.3 134.4 134.4 134.6

and routine maintenance of the 2016 133.2 132.6 132.5 132.6 132.7 132.8 133.5 133.5 133.5 133.7 133.7 133.8 133.8

house

Health 2017 144.1 143.8 143.8 143.8 144.1 144.4 144.72016 142.4 140.8 141.3 141.4 141.5 141.7 141.8 143.0 143.2 143.4 143.5 143.6 143.7

Transport 2017 125.3 123.7 123.7 126.2 126.0 125.9 126.12016 121.8 123.2 120.5 120.9 121.3 121.6 121.9 121.8 121.4 121.6 121.9 122.2 123.3

Communication 2017 95.1 95.1 95.1 95.1 95.1 95.1 95.12016 95.1 95.4 95.0 95.1 95.1 95.1 95.1 95.1 95.1 95.1 95.1 95.1 95.1

Recreation and culture 2017 113.6 113.3 113.4 113.5 113.6 113.7 114.02016 112.9 112.5 112.5 112.6 112.7 113.0 113.1 113.1 113.1 113.1 113.2 113.2 113.2

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 15

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Education 2017 152.4 151.7 151.7 151.7 151.7 151.7 155.8

2016 151.0 150.0 150.0 150.0 150.0 150.0 151.7 151.7 151.7 151.7 151.7 151.7 151.7

Restaurant and miscellaneous 2017 144.7 144.3 144.6 144.6 144.8 144.8 144.9

goods and services 2016 142.9 140.8 140.9 142.3 142.8 142.9 143.4 143.4 143.4 143.5 143.7 143.8 144.1

IV - B MIMAROPA

All items 2017 149.8 149.7 149.9 149.6 150.2 149.4 150.2

2016 147.8 146.8 147.0 147.1 147.1 147.4 147.7 147.7 147.8 148.3 148.6 148.6 148.9

Food and non-alcoholic beverages 2017 167.4 168.1 168.0 166.9 167.1 166.6 167.6

2016 165.7 164.5 164.9 164.9 164.6 165.0 165.4 165.4 165.7 166.7 167.2 167.0 167.0

Food 2017 169.2 170.0 169.9 168.8 168.9 168.3 169.4

2016 167.5 166.3 166.7 166.7 166.4 166.7 167.2 167.2 167.5 168.6 169.0 168.9 168.9

Bread and Cereals 2017 172.3 170.7 171.6 172.5 172.9 172.8 173.1

2016 170.5 168.1 169.7 170.3 170.5 170.8 170.5 170.8 170.9 172.1 172.2 169.8 170.0

Meat 2017 149.0 146.7 147.3 149.5 149.8 149.7 150.9

2016 145.4 144.6 144.6 144.7 145.0 145.1 145.2 145.2 145.4 145.8 146.1 146.3 146.5

Fish 2017 180.1 185.3 183.5 178.3 179.0 175.7 178.8

2016 182.2 180.2 182.1 182.9 180.4 180.9 181.5 181.4 182.7 183.2 183.2 184.6 183.8

Milk, cheese, and eggs 2017 153.8 152.9 153.4 153.5 154.3 154.4 154.5

2016 151.0 149.8 150.0 150.3 150.3 150.6 151.0 151.0 151.3 151.3 151.5 152.4 152.2

Oils and fats 2017 187.0 184.9 184.9 186.4 188.0 188.7 189.2

2016 184.5 184.1 183.3 183.4 184.5 184.5 185.2 185.2 185.1 185.8 184.0 184.3 184.1

Fruit 2017 181.7 184.1 181.8 179.3 180.9 182.4 181.6

2016 173.6 168.1 172.9 170.5 172.7 171.7 172.3 170.6 172.3 173.8 177.8 180.4 180.5

Vegetables 2017 188.0 197.9 196.1 185.2 182.9 181.1 184.8

2016 185.4 191.7 183.0 179.8 178.3 178.8 182.5 182.8 183.0 186.2 189.3 195.2 194.3

Sugar, jam, honey, chocolate 2017 139.3 141.4 140.6 140.0 138.5 138.0 137.2

and confectionery 2016 141.5 139.6 140.4 141.0 141.2 142.3 142.5 142.2 141.8 142.1 142.0 141.6 141.7

Food products N.E.C. 2017 145.1 144.3 144.3 145.4 144.1 145.7 146.5

2016 142.2 143.2 142.6 142.1 141.2 141.6 145.1 143.4 142.4 141.7 140.7 140.9 142.0

Non-alcoholic beverages 2017 137.2 136.4 136.6 137.0 137.6 137.8 137.9

2016 135.8 135.1 135.2 135.3 135.7 135.7 135.7 135.8 136.0 136.1 136.2 136.2 136.2

Alcoholic beverages and tobacco 2017 168.3 166.9 167.4 167.8 168.6 169.3 169.9

2016 165.5 163.9 164.2 164.6 164.9 165.0 165.4 165.4 166.3 166.5 166.5 166.6 166.7

Continued

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16

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Clothing and footwear 2017 139.8 139.1 139.5 139.9 140.0 140.1 140.12016 138.1 137.2 137.4 137.8 138.0 138.0 138.2 138.2 138.3 138.3 138.4 138.5 138.6

Housing, water, electricity, gas, 2017 138.3 136.3 137.7 139.1 139.3 138.2 139.3

and other fuels 2016 134.8 133.9 134.1 134.2 134.5 134.9 135.1 135.0 134.6 134.7 135.0 135.5 135.6

Furnishing, household equipment 2017 133.6 133.2 133.4 133.5 133.6 133.9 134.1

and routine maintenance of the 2016 132.7 132.2 132.3 132.4 132.6 132.7 132.7 132.8 132.8 132.8 132.9 133.0 133.1

house

2017 131.2 130.3 130.7 130.9 131.3 131.6 132.3

Health 2016 129.7 129.4 129.5 129.6 129.6 129.7 129.7 129.7 129.8 129.8 129.8 129.9 129.9

Transport 2017 126.6 127.8 126.2 125.2 130.5 125.2 124.7

2016 122.8 121.7 121.0 121.6 122.1 122.6 123.0 122.8 122.5 122.8 123.1 123.5 127.0

Communication 2017 90.3 90.2 90.3 90.3 90.3 90.3 90.3

2016 90.1 90.1 90.1 90.1 90.1 90.1 90.1 90.1 90.2 90.2 90.2 90.2 90.2

Recreation and culture 2017 109.6 109.4 109.5 109.5 109.5 109.7 109.8

2016 109.2 109.0 109.2 109.2 109.2 109.2 109.2 109.2 109.2 109.3 109.3 109.3 109.4

Education 2017 142.6 142.6 142.6 142.6 142.6 142.6 142.6

2016 142.6 142.5 142.5 142.5 142.5 142.5 142.6 142.6 142.6 142.6 142.6 142.6 142.6

Restaurant and miscellaneous 2017 132.5 132.4 132.4 132.4 132.4 132.4 133.2

goods and services 2016 131.8 131.1 131.5 131.6 131.7 131.7 131.8 131.9 132.0 132.1 132.1 132.1 132.2

V - Bicol Region

All items 2017 152.8 150.9 151.7 152.3 153.8 153.8 154.3

2016 147.2 146.3 146.0 145.9 145.9 146.4 146.9 146.7 147.2 147.7 148.5 149.3 150.1

Food and non-alcoholic beverages 2017 171.9 169.5 170.9 170.9 172.9 172.9 174.0

2016 162.9 163.2 161.6 160.5 160.1 161.1 161.7 161.6 162.4 163.6 165.0 166.7 167.7

Food 2017 173.7 171.3 172.8 172.7 174.8 174.8 175.9

2016 164.4 164.9 163.2 161.9 161.5 162.4 163.0 163.0 163.8 165.1 166.6 168.4 169.4

Bread and Cereals 2017 178.2 177.0 177.6 179.0 178.8 178.2 178.7

2016 170.4 168.9 168.5 167.2 167.9 167.1 167.3 168.0 170.1 172.1 174.7 175.8 177.2

Meat 2017 141.0 140.5 140.7 140.6 140.6 141.6 141.8

2016 139.8 139.2 139.8 139.5 139.4 139.6 139.7 139.8 140.0 140.2 140.2 140.2 140.4

Fish 2017 179.0 169.6 173.6 177.9 184.1 183.7 184.9

2016 163.7 167.4 167.0 165.2 161.2 163.0 163.1 162.0 161.2 162.7 162.7 164.2 164.1

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 17

TABLE 1.1--Continued

Indicator Year Average January February March April May June July Aug September October November December

Milk, cheese, and eggs 2017 147.1 146.0 146.6 147.2 147.4 147.6 148.0

2016 144.7 143.7 143.7 143.9 143.9 144.2 144.6 144.7 144.8 145.3 145.6 145.8 145.8

Oils and fats 2017 172.8 171.9 172.3 172.6 173.0 173.2 173.9

2016 169.7 167.2 168.1 168.5 168.7 169.2 170.0 170.2 170.5 170.6 171.1 171.1 171.4

Fruit 2017 174.8 172.9 173.6 174.3 174.5 175.6 177.8

2016 168.4 169.4 167.3 166.2 166.6 166.1 167.9 166.4 167.0 168.2 170.3 172.3 173.3

Vegetables 2017 224.6 224.7 228.1 214.7 224.6 224.9 230.5

2016 196.0 203.2 186.5 181.5 182.5 190.5 194.8 194.8 195.0 196.3 200.6 211.5 214.5

Sugar, jam, honey, chocolate 2017 146.6 145.9 146.7 145.9 146.3 147.2 147.5

and confectionery 2016 143.3 139.4 141.1 142.5 142.8 143.2 143.5 143.8 144.1 144.3 144.7 145.2 145.5

Food products N.E.C. 2017 172.9 175.2 177.0 169.6 171.1 171.6 173.1

2016 171.6 168.7 168.9 170.1 171.1 171.5 172.8 173.9 173.2 171.6 172.0 171.4 173.6

Non-alcoholic beverages 2017 139.8 139.1 139.3 139.5 139.7 140.3 140.6

2016 137.7 135.0 135.9 136.4 136.7 138.1 138.3 138.3 138.6 138.7 138.7 138.7 138.9

Alcoholic beverages and tobacco 2017 181.6 179.1 180.4 181.8 182.6 182.8 183.0

2016 176.5 173.5 174.7 175.6 175.8 176.0 176.0 176.2 177.8 178.1 178.1 178.3 178.4

Clothing and footwear 2017 128.3 127.6 128.0 128.3 128.5 128.6 128.7

2016 126.8 125.7 126.0 126.4 126.5 126.7 126.9 126.9 127.2 127.2 127.3 127.3 127.5

Housing, water, electricity, gas, 2017 127.9 126.2 126.7 128.8 128.6 128.5 128.3

and other fuels 2016 124.9 123.4 124.3 124.7 125.2 125.3 125.3 124.9 124.8 124.6 125.3 125.1 125.9

Furnishing, household equipment 2017 140.5 140.1 140.2 140.3 140.7 140.7 141.1

and routine maintenance of the 2016 138.7 136.6 137.8 138.2 138.3 138.3 138.7 139.1 139.2 139.3 139.3 139.3 139.8

house

Health 2017 131.8 131.4 131.6 131.8 131.9 131.9 132.1

2016 130.4 128.6 129.7 130.0 130.2 130.3 130.5 130.5 130.7 131.0 131.1 131.2 131.3

Transport 2017 147.9 143.4 143.7 143.5 153.1 152.8 151.1

2016 143.7 140.7 139.7 144.2 144.0 144.4 144.4 143.7 143.5 144.0 143.9 145.0 147.0

Communication 2017 94.5 94.2 94.3 94.5 94.6 94.6 94.6

2016 94.0 94.0 94.0 94.0 94.0 94.0 94.0 94.0 94.0 94.0 94.0 94.0 94.0

Recreation and culture 2017 112.5 112.4 112.4 112.5 112.5 112.6 112.7

2016 112.0 111.4 111.6 111.7 111.9 112.0 112.1 112.2 112.2 112.2 112.2 112.2 112.3

Continued

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18

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Education 2017 147.4 147.3 147.3 147.3 147.3 147.3 148.1

2016 147.0 146.6 146.6 146.6 146.6 146.6 147.3 147.3 147.3 147.3 147.3 147.3 147.3

Restaurant and miscellaneous 2017 147.4 146.0 146.7 147.5 147.6 147.8 148.7

goods and services 2016 144.5 141.5 142.6 143.3 143.8 144.0 145.0 145.3 145.6 145.7 145.7 145.8 145.9

VI - Western Visayas

All items 2017 154.8 154.4 154.5 154.7 155.0 155.0 155.0

2016 152.8 152.1 151.7 151.4 151.4 151.8 152.7 153.2 153.2 153.3 153.6 154.2 154.6

Food and non-alcoholic beverages 2017 167.3 166.7 166.9 167.2 167.5 167.4 168.1

2016 164.6 164.0 162.9 162.2 162.1 162.5 164.3 165.5 165.7 165.8 166.1 167.0 166.5

Food 2017 170.3 169.6 169.9 170.2 170.6 170.5 171.1

2016 167.3 166.8 165.6 164.8 164.7 165.1 167.1 168.3 168.6 168.6 169.0 170.0 169.4

Bread and Cereals 2017 165.3 165.0 164.9 165.2 165.5 165.5 165.6

2016 165.6 165.3 164.8 164.9 165.0 164.8 165.4 166.7 166.7 166.6 166.3 165.5 165.1

Meat 2017 141.4 138.8 139.1 141.5 141.9 143.2 144.0

2016 138.7 138.9 137.6 137.5 138.0 138.5 139.1 138.9 139.1 139.5 139.3 139.3 139.1

Fish 2017 194.5 192.6 193.7 193.3 195.5 194.3 197.6

2016 183.1 182.0 180.6 179.0 177.0 175.7 180.7 185.0 186.4 184.1 184.3 191.0 190.9

Milk, cheese, and eggs 2017 139.9 140.0 139.9 140.1 139.7 139.7 139.7

2016 138.6 137.8 137.9 138.0 138.3 138.2 138.2 138.5 138.6 139.0 139.2 140.2 139.8

Oils and fats 2017 188.1 186.4 186.8 188.7 188.6 189.0 188.8

2016 186.9 188.2 188.3 188.1 187.9 186.0 186.4 186.6 186.4 186.3 186.2 185.6 186.2

Fruit 2017 234.0 231.0 231.8 236.0 235.4 235.9 234.1

2016 223.8 230.8 225.3 219.5 219.8 215.6 216.1 218.5 220.3 224.9 230.8 232.2 231.4

Vegetables 2017 207.1 209.9 211.2 207.5 205.6 204.2 204.3

2016 203.7 198.2 193.9 189.6 189.9 200.7 209.9 208.2 208.1 210.0 213.1 213.2 210.1

Sugar, jam, honey, chocolate 2017 142.1 143.4 142.9 142.3 141.3 141.6 141.1

and confectionery 2016 142.4 139.7 140.0 140.7 141.7 142.5 143.5 143.5 143.4 143.5 143.2 143.4 143.5

Food products N.E.C. 2017 167.6 167.8 167.6 167.7 167.3 167.6 167.6

2016 169.8 170.5 169.4 169.2 169.1 168.8 170.9 173.2 169.8 170.5 169.1 168.7 168.1

Non-alcoholic beverages 2017 131.1 131.1 131.1 131.2 131.1 131.1 131.12016 131.4 130.7 130.5 130.8 131.2 131.4 131.6 131.7 131.7 131.7 131.7 131.8 131.6

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 19

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Alcoholic beverages and tobacco 2017 209.2 208.7 208.7 209.3 209.4 209.4 209.4

2016 201.4 197.1 197.4 197.6 198.6 199.4 201.3 202.0 202.0 202.3 203.3 207.5 208.6

Clothing and footwear 2017 143.6 143.2 143.3 143.7 143.7 143.7 143.7

2016 141.1 139.3 139.5 139.7 139.9 140.4 141.0 141.5 141.6 141.9 142.1 142.8 143.2

Housing, water, electricity, gas, 2017 144.7 144.4 144.6 144.9 144.9 144.7 144.7

and other fuels 2016 144.1 144.5 144.0 144.0 144.1 144.3 144.3 144.4 143.9 143.9 144.1 143.9 144.2

Furnishing, household equipment 2017 151.0 150.9 150.9 151.0 151.0 151.0 151.0

and routine maintenance of the 2016 148.6 146.7 147.2 147.1 147.2 148.0 148.4 148.9 148.9 149.3 149.7 150.3 150.9

house

Health 2017 142.4 142.3 142.3 142.3 142.4 142.4 142.4

2016 141.7 140.5 141.2 141.4 141.4 141.7 141.7 141.9 142.0 142.1 142.2 142.2 142.3

Transport 2017 136.8 135.8 135.5 135.7 138.6 140.2 135.0

2016 133.6 132.3 132.0 132.8 133.5 133.5 133.2 132.6 132.1 133.3 132.8 133.7 141.8

Communication 2017 87.3 87.3 87.3 87.3 87.3 87.3 87.3

2016 87.3 87.3 87.3 87.4 87.4 87.4 87.3 87.3 87.3 87.3 87.3 87.3 87.3

Recreation and culture 2017 130.2 130.2 130.2 130.2 130.2 130.2 130.2

2016 129.7 129.5 129.5 129.5 129.5 129.6 129.6 129.8 129.8 129.8 129.9 130.0 130.2

Education 2017 141.0 140.9 140.9 140.9 140.9 140.9 141.7

2016 140.5 140.0 140.0 140.0 140.0 140.0 140.9 140.9 140.9 140.9 140.9 140.9 140.9

Restaurant and miscellaneous 2017 145.3 145.2 145.2 145.3 145.3 145.3 145.3

goods and services 2016 144.9 143.5 144.8 144.8 144.8 144.9 145.0 145.0 145.0 145.1 145.1 145.1 145.2

VII - Central Visayas

All items 2017 151.6 150.7 151.2 151.3 151.7 151.9 152.5

2016 147.9 145.8 145.7 146.6 147.1 147.5 148.3 148.1 148.4 148.8 149.3 149.5 149.9

Food and non-alcoholic beverages 2017 165.3 164.0 165.2 165.4 165.4 165.5 166.3

2016 161.0 158.5 158.1 159.5 160.4 161.0 162.0 161.4 161.6 162.0 162.3 162.7 162.9

Food 2017 168.2 166.8 168.1 168.3 168.3 168.4 169.3

2016 163.6 160.9 160.5 162.0 162.9 163.5 164.7 164.0 164.2 164.7 165.0 165.4 165.6

Bread and Cereals 2017 158.4 157.8 158.0 158.5 158.6 158.6 158.6

2016 156.7 153.5 154.8 155.3 155.6 156.0 156.7 157.2 157.8 158.5 158.1 158.3 158.3

Meat 2017 152.4 150.5 150.8 151.6 152.6 153.5 155.4

2016 148.9 147.1 146.8 146.8 147.7 147.7 148.6 149.5 150.0 150.5 150.6 150.6 150.5

Continued

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TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September 175.9 November December

Fish 2017 191.2 187.6 190.1 190.3 191.2 192.7 195.4

2016 181.0 181.7 178.2 182.0 182.8 182.9 181.1 178.3 178.2 180.1 181.3 182.3 182.6

Milk, cheese, and eggs 2017 150.6 150.2 150.4 150.4 150.8 150.9 150.92016 149.1 147.2 147.2 148.4 148.6 148.7 149.7 149.7 149.8 149.9 149.9 150.2 150.2

Oils and fats 2017 177.4 176.9 176.9 177.4 177.6 177.6 177.8

2016 175.1 173.2 173.5 174.0 175.1 175.1 175.2 175.5 175.6 175.9 175.9 176.3 176.3

Fruit 2017 206.6 205.5 207.0 205.5 205.2 206.7 209.4

2016 193.7 188.7 189.3 191.0 194.4 194.6 195.0 189.6 191.5 194.4 196.2 198.7 201.5

Vegetables 2017 201.7 200.4 209.0 208.3 201.8 196.3 194.3

2016 192.2 176.9 175.2 180.5 184.6 191.8 206.2 204.2 201.6 194.7 196.4 196.4 197.4

Sugar, jam, honey, chocolate 2017 141.0 144.1 143.2 141.6 140.7 139.1 137.5

and confectionery 2016 145.6 145.0 145.1 146.4 146.0 146.0 146.4 145.7 145.8 145.7 145.1 144.6 144.8

Food products N.E.C. 2017 157.3 156.4 157.5 157.8 157.4 157.3 157.4

2016 156.3 156.5 155.8 155.9 156.6 156.7 156.7 156.5 156.4 155.6 156.0 156.7 156.6

Non-alcoholic beverages 2017 128.2 128.0 128.0 128.1 128.2 128.3 128.3

2016 127.8 127.4 127.4 127.7 127.8 127.8 127.9 127.9 127.9 127.9 127.9 128.0 128.0

Alcoholic beverages and tobacco 2017 208.6 208.3 208.4 208.5 208.5 208.8 209.0

2016 205.8 199.4 200.5 204.5 205.3 206.0 207.2 207.4 207.5 207.6 207.8 207.9 208.1

Clothing and footwear 2017 144.3 144.3 144.3 144.3 144.3 144.3 144.3

2016 143.6 142.7 142.9 143.0 143.0 143.5 143.7 143.9 144.0 144.0 144.2 144.2 144.3

Housing, water, electricity, gas, 2017 152.1 150.1 151.5 151.1 152.6 153.1 153.9

and other fuels 2016 146.0 143.5 143.8 144.1 144.2 144.7 145.3 145.4 146.3 147.8 148.8 149.0 149.3

Furnishing, household equipment 2017 137.2 136.6 136.6 136.6 137.3 138.1 138.1

and routine maintenance of the 2016 135.5 134.2 134.5 134.5 134.5 134.7 135.0 136.0 136.1 136.2 136.5 136.6 136.6

house

Health 2017 131.1 130.8 130.9 131.1 131.2 131.3 131.4

2016 129.6 127.0 127.7 128.0 129.3 129.9 130.0 130.1 130.4 130.5 130.6 130.6 130.6

Transport 2017 139.6 141.0 138.3 138.3 140.9 139.9 139.3

2016 136.2 134.8 134.2 135.3 135.8 136.7 136.5 136.2 135.3 135.9 136.5 137.2 140.1

Communication 2017 89.4 89.4 89.4 89.4 89.4 89.4 89.4

2016 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4 89.4

Recreation and culture 2017 106.1 106.0 106.0 106.1 106.1 106.1 106.1

2016 105.9 105.8 105.8 105.8 105.9 105.9 105.9 106.0 106.0 106.0 106.0 106.0 106.0

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 21

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Education 2017 183.7 183.0 183.0 183.0 183.0 183.0 187.02016 180.7 177.6 177.6 177.6 177.6 177.6 182.7 183.0 183.0 183.0 183.0 183.0 183.0

Restaurant and miscellaneous 2017 119.6 119.5 119.5 119.6 119.6 119.6 119.62016 119.4 119.2 119.2 119.2 119.3 119.3 119.4 119.4 119.4 119.5 119.5 119.5 119.5 goods and services

VIII - Eastern Visayas

All items 2017 158.4 156.9 158.0 158.3 158.7 158.8 159.42016 153.9 152.6 152.6 152.6 152.5 152.9 153.5 153.8 154.3 154.7 154.9 155.6 156.2

Food and non-alcoholic beverages 2017 176.3 175.0 176.0 176.3 176.5 176.4 177.42016 171.7 170.5 170.4 170.1 169.8 170.3 171.2 171.5 172.1 172.5 173.1 174.1 174.5

Food 2017 178.7 177.5 178.4 178.8 179.0 178.8 179.92016 174.0 172.9 172.7 172.3 172.1 172.6 173.4 173.7 174.4 174.8 175.5 176.5 176.9

Bread and Cereals 2017 185.9 185.5 186.0 186.1 186.1 185.4 186.12016 182.0 180.9 180.9 180.4 179.6 180.1 180.9 181.3 182.2 183.3 183.8 185.0 185.2

Meat 2017 143.5 143.1 142.9 143.3 143.1 144.1 144.32016 142.0 141.2 141.1 141.3 141.6 141.8 142.1 141.9 142.1 142.6 142.7 142.6 142.6

Fish 2017 192.6 188.2 191.2 192.9 194.3 192.8 196.12016 185.3 185.4 184.8 183.7 183.3 183.8 185.1 185.2 186.1 185.3 186.4 186.9 187.5

Milk, cheese, and eggs 2017 146.6 145.4 146.2 146.6 146.7 146.7 148.22016 143.7 142.9 142.8 142.9 143.0 143.5 143.5 143.5 143.5 144.0 144.8 145.1 145.3

Oils and fats 2017 193.0 191.7 192.9 192.9 193.2 193.2 193.82016 189.8 190.4 190.0 189.5 189.0 188.4 188.5 189.3 189.4 190.6 190.8 190.8 190.8

Fruit 2017 205.4 203.0 202.1 203.7 204.1 209.9 209.82016 192.4 187.8 188.5 188.0 189.3 190.0 190.1 192.2 194.4 194.4 195.0 198.5 200.4

Vegetables 2017 193.2 193.2 194.4 192.4 192.7 193.3 193.42016 183.1 179.2 179.1 178.2 178.8 180.9 183.7 183.6 184.6 184.2 185.9 188.7 190.6

Sugar, jam, honey, chocolate 2017 147.5 148.2 148.1 148.3 148.3 147.7 144.5 and confectionery 2016 149.3 147.7 149.1 149.6 149.7 149.7 149.9 149.7 149.7 149.3 149.4 148.9 148.5

Food products N.E.C. 2017 162.8 162.1 162.2 162.6 162.9 162.7 164.12016 160.7 160.4 159.9 159.6 160.0 160.0 161.4 160.9 160.9 161.1 161.1 161.5 161.6

Non-alcoholic beverages 2017 133.0 131.9 132.8 132.8 133.2 133.5 133.92016 131.1 130.1 130.3 130.4 130.4 130.6 131.4 131.5 131.5 131.5 131.8 131.9 131.8

Alcoholic beverages and tobacco 2017 202.3 199.4 200.5 201.8 202.7 203.6 205.72016 194.9 192.0 192.6 192.6 192.8 193.7 194.9 195.3 195.2 196.6 196.9 197.9 198.1

Clothing and footwear 2017 132.6 131.6 132.3 132.4 132.6 133.0 133.9

2016 129.9 128.0 128.5 128.9 129.2 129.5 129.9 130.2 130.3 130.8 131.0 131.1 131.2

Continued

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TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Housing, water, electricity, gas, 2017 146.8 144.3 147.3 147.9 147.8 147.1 146.3

and other fuels 2016 139.7 137.7 138.2 138.9 138.7 138.5 139.3 139.9 140.7 141.2 140.7 141.6 141.5

Furnishing, household equipment 2017 134.4 133.6 134.3 134.4 134.5 134.6 134.9

and routine maintenance of the 2016 132.4 131.6 131.6 131.6 131.8 131.9 132.0 132.3 132.3 132.9 133.4 133.5 133.6

house

Health 2017 137.6 136.8 137.0 137.1 137.3 138.0 139.52016 135.1 133.6 134.1 134.3 134.6 134.7 135.1 135.3 135.3 135.8 136.2 136.3 136.4

Transport 2017 132.1 130.6 130.3 130.5 133.0 135.9 132.02016 127.7 127.8 126.0 127.2 126.3 128.8 127.3 127.2 127.1 127.1 126.9 127.7 132.8

Communication 2017 95.7 95.6 95.6 95.7 95.7 95.7 95.72016 95.5 95.4 95.4 95.4 95.4 95.4 95.4 95.5 95.5 95.6 95.6 95.6 95.6

Recreation and culture 2017 109.2 108.8 109.0 109.0 109.2 109.3 109.62016 108.3 107.8 107.9 108.0 108.1 108.1 108.2 108.3 108.4 108.5 108.6 108.7 108.8

Education 2017 180.3 178.2 178.2 178.2 178.2 178.2 190.92016 177.2 175.8 175.8 175.8 175.8 175.8 178.2 178.2 178.2 178.2 178.2 178.2 178.2

Restaurant and miscellaneous 2017 130.5 130.1 130.1 130.2 130.3 130.8 131.5

goods and services 2016 128.7 127.8 127.9 127.9 128.0 128.2 128.6 128.7 129.0 129.3 129.4 129.4 129.7

IX - Zamboanga Peninsula

All items 2017 161.3 161.2 161.8 161.2 161.5 161.3 161.02016 158.1 157.4 156.9 157.0 157.4 158.2 158.5 158.4 158.5 158.3 158.6 158.8 159.6

Food and non-alcoholic beverages 2017 168.7 169.3 169.9 168.5 168.8 168.0 167.72016 166.0 165.3 165.1 164.7 165.4 166.5 166.8 166.6 166.5 165.7 166.2 166.3 166.8

Food 2017 170.8 171.5 172.1 170.6 170.9 170.1 169.82016 168.0 167.3 167.0 166.0 167.4 168.6 168.9 168.6 168.5 167.7 168.2 168.3 168.9

Bread and Cereals 2017 160.3 160.9 160.7 160.4 159.9 159.6 160.12016 162.2 163.2 163.1 163.0 163.1 162.3 161.8 162.4 162.4 161.8 161.3 161.0 160.4

Meat 2017 140.3 137.9 138.5 139.6 140.9 141.7 143.12016 136.8 138.5 137.6 137.7 136.7 136.3 135.6 135.3 136.7 137.6 136.7 136.2 136.9

Fish 2017 187.3 189.0 188.1 185.8 188.2 186.5 186.3

2016 173.3 170.9 169.0 168.0 168.1 172.4 173.8 174.8 176.3 173.7 175.0 177.0 181.0

Milk, cheese, and eggs 2017 158.5 158.3 158.6 158.8 158.6 158.6 158.1

2016 156.8 156.6 156.4 156.5 156.6 156.2 156.1 156.5 156.5 156.7 157.5 158.0 157.4

Oils and fats 2017 174.4 174.2 174.4 174.4 174.4 174.5 174.5

2016 172.9 171.8 172.4 172.5 172.8 172.8 172.9 173.2 173.2 173.3 173.2 173.4 173.4

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 23

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Fruit 2017 234.8 235.3 238.9 234.7 238.8 236.8 224.0

2016 217.1 226.3 224.9 220.2 223.2 216.8 202.7 203.0 206.2 209.2 223.2 223.7 226.1

Vegetables 2017 210.9 214.6 219.9 211.1 209.2 205.0 205.4

2016 213.1 199.5 202.4 203.3 210.3 222.1 232.5 223.1 216.4 213.6 212.2 210.8 210.6

Sugar, jam, honey, chocolate 2017 133.4 135.0 134.6 133.5 132.8 132.7 131.9

and confectionery 2016 135.9 135.8 136.0 135.5 135.4 135.9 136.6 136.4 136.5 136.1 135.6 135.4 135.6

Food products N.E.C. 2017 177.7 177.2 179.6 177.8 178.6 176.9 176.3

2016 179.2 178.5 179.0 178.4 178.4 180.2 179.1 182.3 180.9 179.8 179.2 176.6 177.5

Non-alcoholic beverages 2017 133.3 133.4 133.4 133.4 133.2 133.2 133.2

2016 133.0 132.3 132.7 132.7 132.9 133.0 133.0 133.1 133.1 133.1 133.1 133.2 133.2

Alcoholic beverages and tobacco 2017 247.8 243.6 245.0 245.6 250.4 251.0 251.0

2016 239.1 234.7 235.1 235.6 238.3 238.4 239.5 240.2 240.4 241.7 241.9 241.9 242.0

Clothing and footwear 2017 142.7 142.4 142.7 142.7 142.7 142.7 142.7

2016 141.7 140.9 141.0 141.6 141.6 141.7 141.8 142.0 142.0 142.0 142.0 142.0 142.2

Housing, water, electricity, gas, 2017 168.0 166.6 167.9 168.2 168.0 169.1 168.0

and other fuels 2016 162.7 162.4 160.8 160.8 160.9 162.0 162.1 162.0 163.0 163.3 164.0 165.3 165.5

Furnishing, household equipment 2017 153.6 153.6 153.6 153.6 153.6 153.6 153.6

and routine maintenance of the 2016 148.0 147.2 147.3 147.3 147.4 147.4 147.5 148.3 148.7 148.7 148.7 148.7 148.7

house

Health 2017 138.4 133.9 139.2 139.2 139.3 139.4 139.4

2016 133.1 132.6 132.9 133.0 133.1 133.1 133.1 133.2 133.2 133.3 133.3 133.4 133.4

Transport 2017 154.6 155.1 154.3 154.4 154.5 154.8 154.4

2016 151.0 149.8 148.7 150.5 150.6 152.0 151.5 150.9 150.5 150.6 150.2 150.0 156.9

Communication 2017 95.4 95.4 95.4 95.4 95.4 95.4 95.4

2016 95.4 95.4 95.4 95.4 95.4 95.4 95.4 95.4 95.4 95.4 95.4 95.4 95.4

Recreation and culture 2017 116.4 116.4 116.4 116.4 116.4 116.4 116.4

2016 116.2 115.5 116.0 116.0 116.2 116.2 116.2 116.3 116.3 116.3 116.3 116.3 116.3

Education 2017 158.7 158.2 158.2 158.2 158.2 158.2 161.1

2016 157.0 155.4 155.4 155.4 155.4 155.4 158.1 158.2 158.2 158.2 158.2 158.2 158.2

Restaurant and miscellaneous 2017 137.4 137.2 137.4 137.4 137.4 137.4 137.4

goods and services 2016 136.2 135.3 135.3 135.4 135.6 135.6 136.6 136.7 136.7 136.7 136.8 136.8 136.8

Continued

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24

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

X - Northern Mindanao

All items 2017 158.7 157.5 158.2 158.3 158.9 159.4 159.9

2016 155.0 153.1 152.9 153.2 154.0 154.6 155.5 155.9 155.9 155.7 156.1 156.0 156.8

Food and non-alcoholic beverages 2017 168.6 168.2 168.3 168.0 168.6 168.6 169.9

2016 166.9 165.0 164.6 165.1 165.9 166.5 167.6 168.3 168.2 168.1 168.3 167.3 167.3

Food 2017 170.3 169.9 170.0 169.7 170.4 170.3 171.6

2016 168.6 166.7 166.3 166.7 167.6 168.2 169.5 170.2 170.0 169.9 170.0 169.0 169.0

Bread and Cereals 2017 179.2 178.4 177.6 178.6 178.8 179.4 182.3

2016 178.5 175.4 175.1 175.8 176.6 177.5 179.3 180.7 181.8 181.2 180.7 179.6 178.7

Meat 2017 141.4 140.1 140.3 140.7 142.1 142.3 142.8

2016 139.2 138.3 138.5 138.7 139.0 138.9 138.9 139.4 139.5 139.4 139.9 139.8 140.1

Fish 2017 174.9 173.8 174.9 172.4 176.3 175.2 177.0

2016 168.0 171.8 170.3 169.8 169.0 167.3 168.0 168.1 164.9 165.4 165.9 166.8 169.2

Milk, cheese, and eggs 2017 150.0 150.1 149.9 150.0 150.1 149.6 150.3

2016 148.3 146.8 147.0 147.4 147.5 147.4 147.7 148.2 149.2 149.4 149.6 149.7 150.0

Oils and fats 2017 161.7 160.0 161.3 161.6 161.7 162.4 162.9

2016 156.5 153.5 153.5 153.5 153.9 155.4 156.0 157.2 158.4 158.3 158.3 159.9 160.0

Fruit 2017 178.1 176.0 177.5 176.9 180.2 180.3 177.7

2016 169.3 170.3 169.0 169.0 168.7 168.2 164.5 166.2 166.4 168.9 173.5 174.0 172.9

Vegetables 2017 191.7 195.9 198.2 193.2 190.0 186.8 185.8

2016 197.1 187.1 186.0 188.6 194.8 200.5 207.8 205.5 202.8 202.6 202.8 193.3 193.9

Sugar, jam, honey, chocolate 2017 140.1 141.3 141.1 140.6 139.5 139.4 138.4

and confectionery 2016 141.7 139.2 139.0 140.3 141.0 141.1 142.0 142.7 143.2 143.2 143.2 142.6 142.6

Food products N.E.C. 2017 213.9 213.0 211.5 215.6 211.5 216.6 215.1

2016 215.5 213.6 215.3 214.1 215.6 219.2 217.4 219.0 216.4 214.6 213.9 213.8 212.6

Non-alcoholic beverages 2017 144.3 143.9 144.2 144.3 144.4 144.5 144.7

2016 142.5 141.4 141.5 141.5 142.2 142.1 142.3 142.6 143.1 143.1 143.2 143.6 143.7

Alcoholic beverages and tobacco 2017 195.7 192.1 194.9 195.6 196.0 197.2 198.6

2016 185.8 180.7 180.9 181.0 182.7 184.1 185.2 185.4 187.8 189.1 189.7 191.4 191.8

Clothing and footwear 2017 147.6 146.0 146.9 147.4 147.6 148.7 148.9

2016 143.6 142.0 142.0 142.0 142.9 143.3 143.5 143.6 144.0 144.1 144.6 145.4 145.6

. Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 25

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Housing, water, electricity, gas, 2017 164.5 161.3 163.0 164.2 165.5 167.0 165.8

and other fuels 2016 155.0 153.2 153.0 153.3 153.8 154.7 155.7 155.7 155.8 154.6 155.4 156.0 158.6

Furnishing, household equipment 2017 148.9 148.0 148.3 148.6 148.6 149.4 150.3

and routine maintenance of the 2016 143.5 140.6 140.6 140.6 141.9 143.2 143.3 143.5 143.9 144.1 144.7 147.6 147.8

house

Health 2017 172.9 170.9 172.5 173.3 173.4 173.5 173.7

2016 166.5 164.7 164.7 164.8 165.4 165.6 166.5 166.5 166.9 167.2 168.3 168.9 169.0

Transport 2017 132.3 132.3 131.9 132.2 132.4 132.7 132.4

2016 132.2 131.9 131.0 131.4 132.3 133.0 132.9 132.6 131.9 131.5 131.3 131.3 135.4

Communication 2017 99.9 99.7 99.7 99.7 100.0 100.0 100.0

2016 99.7 99.9 99.9 99.9 99.9 99.9 99.5 99.5 99.5 99.5 99.7 99.7 99.7

Recreation and culture 2017 117.7 115.6 117.7 117.7 117.8 118.7 118.7

2016 113.7 112.4 112.4 112.5 113.6 113.6 113.7 113.8 113.8 113.9 114.5 114.9 115.1

Education 2017 148.7 148.2 148.2 148.2 148.2 148.2 151.1

2016 146.5 144.1 144.1 144.1 144.1 144.1 148.2 148.2 148.2 148.2 148.2 148.2 148.2

Restaurant and miscellaneous 2017 143.4 142.1 143.0 143.1 143.5 144.1 144.3

goods and services 2016 139.0 136.3 136.3 136.4 138.1 138.2 139.2 139.3 139.6 140.5 141.2 141.7 141.7

XI - Davao Region

All items 2017 158.0 157.2 157.3 158.1 158.2 158.1 159.0

2016 153.8 151.7 151.4 152.2 153.4 153.6 154.6 154.8 154.4 154.0 154.2 155.0 155.8

Food and non-alcoholic beverages 2017 174.5 174.2 174.5 174.5 174.3 173.9 175.3

2016 170.8 168.7 168.5 169.1 170.8 170.9 172.1 172.5 171.7 171.1 171.5 170.9 171.4

Food 2017 177.1 176.9 177.2 177.2 176.9 176.6 178.0

2016 173.3 171.2 171.0 171.6 173.4 173.5 174.7 175.2 174.3 173.6 174.0 173.4 173.9

Bread and Cereals 2017 174.1 172.7 172.4 173.9 174.7 175.0 175.92016 172.7 172.0 171.4 171.5 171.8 172.1 172.2 173.2 174.3 174.8 174.1 172.7 172.0

Meat 2017 151.1 148.5 149.6 149.7 152.2 152.9 153.92016 146.8 146.5 145.9 146.5 146.6 145.9 146.0 146.2 147.4 147.0 147.5 147.7 147.9

Fish 2017 193.0 196.0 189.2 190.3 191.4 193.2 198.12016 186.2 189.6 187.4 187.0 186.5 182.8 184.5 187.3 186.0 186.6 186.7 184.7 185.8

Milk, cheese, and eggs 2017 156.1 156.2 156.8 156.8 156.1 155.7 154.9

2016 152.6 148.6 149.5 149.7 150.7 151.7 152.6 152.8 153.3 154.2 155.6 156.1 156.2

Continued

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TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Oils and fats 2017 223.5 218.7 220.6 224.8 225.0 225.3 226.8

2016 207.3 196.3 197.1 198.5 203.1 205.9 207.5 209.3 211.3 211.5 211.5 217.1 217.9

Fruit 2017 209.9 210.5 210.5 210.9 212.3 210.4 204.7

2016 200.0 184.2 186.7 193.5 196.5 196.2 195.0 195.1 207.7 208.5 211.9 212.8 212.1

Vegetables 2017 220.2 223.2 238.1 229.6 214.2 205.9 210.1

2016 215.8 204.1 206.8 208.7 224.1 230.6 240.1 234.7 214.2 202.8 205.0 206.4 212.2

Sugar, jam, honey, chocolate 2017 144.6 149.1 147.5 144.8 143.6 141.7 140.6

and confectionery 2016 150.0 148.1 148.6 149.2 149.4 149.6 150.0 150.9 151.1 151.5 150.9 150.7 149.6

Food products N.E.C. 2017 166.3 161.3 164.4 164.7 167.6 170.6 169.0

2016 162.8 157.8 158.9 160.4 166.1 169.9 168.3 165.8 162.7 160.3 160.8 161.7 161.4

Non-alcoholic beverages 2017 137.0 136.3 136.7 136.9 137.2 137.3 137.4

2016 134.9 133.0 133.6 133.8 134.3 134.4 134.8 135.0 135.6 135.9 136.1 136.0 136.2

Alcoholic beverages and tobacco 2017 182.3 180.3 181.3 182.5 182.8 183.4 183.5

2016 175.3 169.7 171.5 173.0 174.3 174.9 175.1 175.3 176.2 177.5 177.7 179.0 179.9

Clothing and footwear 2017 147.5 146.0 146.6 147.3 147.8 148.1 148.9

2016 142.3 137.9 139.0 140.2 141.2 141.5 142.0 142.6 143.7 144.0 144.5 145.0 145.4

Housing, water, electricity, gas, 2017 142.4 140.8 139.5 142.9 143.8 143.6 143.7

and other fuels 2016 135.1 133.9 132.1 133.2 134.8 135.1 136.2 135.7 135.1 133.7 133.6 138.3 139.9

Furnishing, household equipment 2017 139.0 138.1 138.4 139.0 139.3 139.5 139.7

and routine maintenance of the 2016 136.2 133.2 134.3 135.0 135.4 135.8 136.1 136.7 137.0 137.1 137.7 137.9 137.9

house

Health 2017 159.3 157.6 158.2 159.1 159.6 160.3 161.0

2016 154.0 151.0 151.5 152.4 152.8 153.5 154.0 154.2 155.0 155.5 155.7 156.2 156.6

Transport 2017 139.2 138.1 138.6 138.9 139.5 139.7 140.4

2016 135.9 134.6 134.3 135.2 135.5 135.8 135.7 135.7 135.4 136.3 136.2 136.4 139.7

Communication 2017 93.9 93.9 93.9 93.9 93.9 93.9 94.0

2016 93.0 92.8 92.4 92.7 92.8 92.8 92.8 92.8 93.2 93.2 93.2 93.9 93.9

Recreation and culture 2017 125.6 125.2 125.4 125.4 125.5 125.8 126.2

2016 124.1 122.5 123.3 123.4 123.6 123.9 124.3 124.4 124.7 124.7 124.8 124.9 125.2

Education 2017 175.8 175.0 175.0 175.0 175.0 175.0 179.8

2016 173.2 170.6 170.6 170.6 170.6 170.6 175.0 175.0 175.0 175.0 175.0 175.0 175.0

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 27

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Restaurant and miscellaneous 2017 136.8 136.0 136.4 136.8 137.0 137.1 137.3

goods and services 2016 134.7 132.6 133.0 133.9 134.1 134.2 134.6 135.0 135.3 135.5 135.8 135.9 135.9

XII - SOCCSKSARGEN

All items 2017 156.9 156.1 156.7 157.1 156.7 157.2 157.6

2016 155.0 152.0 152.0 152.7 154.1 154.9 156.3 156.3 156.7 156.6 156.2 156.0 156.1

Food and non-alcoholic beverages 2017 165.9 165.2 165.6 165.9 165.6 165.7 167.1

2016 163.8 159.3 159.2 160.4 162.5 164.8 165.8 166.3 166.5 165.9 165.7 164.7 164.7

Food 2017 168.5 167.7 168.2 168.6 168.2 168.3 169.8

2016 166.3 161.6 161.4 162.7 164.9 167.4 168.4 169.0 169.2 168.6 168.3 167.3 167.3

Bread and Cereals 2017 172.3 171.1 171.5 172.3 171.8 172.7 174.1

2016 170.6 165.8 165.4 167.3 169.4 170.8 172.0 172.9 174.0 174.7 173.4 171.0 170.8

Meat 2017 148.7 147.5 147.8 148.1 148.9 149.3 150.7

2016 145.5 144.4 144.8 144.8 144.8 145.1 145.2 145.6 145.7 145.5 145.9 146.6 147.4

Fish 2017 185.4 183.7 184.8 184.6 185.2 185.3 189.0

2016 180.5 182.4 180.5 180.1 178.5 180.3 178.3 180.4 181.4 179.3 180.7 181.2 182.3

Milk, cheese, and eggs 2017 142.2 141.8 142.0 142.2 142.2 142.3 142.4

2016 140.5 139.5 139.6 139.9 140.1 140.2 140.4 140.4 140.5 140.9 141.1 141.4 141.5

Oils and fats 2017 165.0 163.1 164.1 165.2 165.7 165.9 166.2

2016 159.2 155.8 156.4 157.5 158.3 159.1 159.4 159.4 159.5 160.1 161.1 161.4 161.8

Fruit 2017 179.9 179.9 180.0 180.3 180.7 179.9 178.5

2016 168.3 158.1 160.1 163.9 164.4 163.8 164.1 166.5 169.2 171.9 178.1 179.6 179.7

Vegetables 2017 179.1 181.0 181.8 181.5 178.3 175.0 177.1

2016 183.1 160.6 162.4 165.8 180.2 195.3 203.1 200.0 194.8 187.7 184.2 182.1 180.7

Sugar, jam, honey, chocolate 2017 136.3 138.5 137.3 136.2 135.6 135.1 134.8

and confectionery 2016 138.3 136.2 136.8 137.3 137.8 138.2 138.9 138.9 139.3 139.0 139.3 139.3 138.6

Food products N.E.C. 2017 155.7 155.9 155.9 155.7 154.9 155.9 155.8

2016 156.9 154.9 154.6 154.7 157.2 158.6 159.9 158.0 158.0 157.6 156.8 156.0 156.2

Non-alcoholic beverages 2017 128.3 128.0 128.1 128.4 128.4 128.4 128.5

2016 127.6 126.7 127.0 127.2 127.4 127.7 127.8 127.8 127.9 127.9 127.9 128.0 128.0

Alcoholic beverages and tobacco 2017 203.1 202.1 202.6 203.3 203.5 203.6 203.7

2016 198.3 192.9 194.8 195.8 197.6 198.8 199.1 199.5 199.6 199.7 199.8 201.0 201.2

Continued

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TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Clothing and footwear 2017 143.7 143.6 143.6 143.7 143.7 143.7 143.8

2016 143.2 142.5 142.8 142.9 142.9 143.0 143.3 143.4 143.4 143.5 143.5 143.6 143.6

Housing, water, electricity, gas, 2017 163.5 161.1 162.9 164.4 163.2 165.4 163.8

and other fuels 2016 159.8 157.3 157.4 156.8 159.0 156.3 161.0 160.2 161.8 162.6 160.8 162.8 162.0

Furnishing, household equipment 2017 128.6 128.4 128.5 128.6 128.6 128.6 128.7

and routine maintenance of the 2016 128.1 127.4 127.5 127.8 128.0 128.1 128.2 128.3 128.3 128.3 128.4 128.4 128.4

house

Health 2017 149.8 149.5 149.7 149.8 149.8 149.9 150.0

2016 148.9 147.8 148.4 148.4 148.7 149.0 149.1 149.2 149.3 149.3 149.3 149.4 149.4

Transport 2017 126.5 126.6 126.4 126.6 126.4 126.5 126.4

2016 125.6 125.4 124.8 125.4 125.5 125.9 125.8 125.6 125.4 125.3 125.6 125.5 127.3

Communication 2017 89.5 89.5 89.5 89.5 89.5 89.5 89.5

2016 89.5 89.4 89.5 89.5 89.5 89.5 89.5 89.5 89.5 89.5 89.5 89.5 89.5

Recreation and culture 2017 117.6 117.5 117.6 117.6 117.6 117.7 117.7

2016 117.4 117.2 117.4 117.4 117.4 117.4 117.5 117.5 117.5 117.5 117.5 117.5 117.5

Education 2017 170.1 170.0 170.0 170.0 170.0 170.0 170.5

2016 169.3 168.3 168.3 168.3 168.3 168.3 170.0 170.0 170.0 170.0 170.0 170.0 170.0

Restaurant and miscellaneous 2017 137.5 137.3 137.4 137.5 137.5 137.6 137.6

goods and services 2016 136.9 136.2 136.3 136.5 136.7 136.8 136.9 137.1 137.1 137.2 137.2 137.3 137.3

XIII - Caraga

All items 2017 165.9 164.6 165.6 165.9 166.3 166.7 166.4

2016 162.6 161.1 161.4 161.5 162.0 162.6 162.6 162.8r

163.0 163.4 163.5 163.5 164.2

Food and non-alcoholic beverages 2017 176.1 174.3 176.1 176.4 176.7 176.6 176.6

2016 171.4 168.8 169.6 169.6 170.2 171.1 171.6 171.9 172.1 172.5 173.0 173.0 173.2

Food 2017 177.7 175.8 177.7 178.1 178.3 178.3 178.2

2016 172.7 170.0 170.9 170.8 171.5 172.4 173.0 173.3 173.5 173.9 174.4 174.5 174.7

Bread and Cereals 2017 168.4 167.8 167.9 168.3 168.5 168.7 169.0

2016 164.9 165.3 165.8 165.9 165.8 166.4 166.3 166.6 167.3 168.7 168.0 145.2 167.9

2017 146.7 145.8 146.0 146.4 146.9 147.5 147.8

Meat 2016 148.7 143.4 143.7 143.4 143.6 144.1 144.3 144.3 144.6 144.3 144.8 199.0 145.2

2017 205.1 201.6 204.3 205.0 206.9 205.6 207.2

Fish 2016 193.8 196.4 197.8 196.9 197.6 197.3 196.6 197.9 199.3 197.4 198.0 152.0 198.8

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 29

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Milk, cheese, and eggs 2017 153.4 152.6 152.8 153.7 153.8 153.8 153.5

2016 150.7 149.1 149.5 149.9 150.1 150.3 150.5 150.7 150.9 151.1 151.4 152.3 152.3

Oils and fats 2017 183.9 182.7 183.5 183.8 184.1 184.3 184.7

2016 179.8 177.1 177.9 178.2 178.4 179.3 179.4 180.6 180.8 180.4 181.4 181.8 181.8

Fruit 2017 190.6 191.7 192.6 191.4 191.5 191.5 185.1

2016 176.2 170.3 173.4 174.2 175.5 174.3 171.9 170.7 171.2 175.3 184.9 186.5 186.5

Vegetables 2017 251.6 239.4 256.4 255.9 252.9 253.7 251.1

2016 227.7 212.4 215.1 214.7 220.1 227.7 237.0 237.2 231.8 232.5 234.6 234.8 234.8

Sugar, jam, honey, chocolate 2017 138.7 140.5 139.7 139.3 138.2 137.5 136.9

and confectionery 2016 141.4 139.9 140.6 141.2 141.1 141.6 142.0 141.0 141.9 142.3 142.4 141.3 141.3

Food products N.E.C. 2017 173.0 172.0 171.5 173.8 173.9 173.3 173.5

2016 171.9 169.5 169.3 169.9 172.5 173.9 175.1 172.9 173.2 172.1 172.0 171.3 171.3

Non-alcoholic beverages 2017 151.3 151.1 151.2 151.3 151.3 151.5 151.6

2016 150.7 150.2 150.2 150.2 150.2 150.5 150.7 150.7 150.8 151.0 151.0 151.2 151.2

Alcoholic beverages and tobacco 2017 233.8 232.7 233.3 233.7 233.8 234.3 234.9

2016 228.4 226.6 227.0 227.1 227.6 227.7 227.8 228.1 228.4 228.6 228.7 231.8 231.8

Clothing and footwear 2017 152.6 152.5 152.3 152.5 152.5 152.8 152.9

2016 151.9 151.6 151.7 151.7 151.7 151.8 151.9 151.9 151.9 152.0 152.0 152.1 152.1

Housing, water, electricity, gas, 2017 169.7 168.1 167.9 168.6 170.1 172.6 170.7

and other fuels 2016 166.5 166.1 165.8 165.9 166.3 166.3 165.5 166.7 166.6 167.6 167.0 166.2 168.0

Furnishing, household equipment 2017 147.4 147.2 147.2 147.4 147.4 147.4 147.5

and routine maintenance of the 2016 146.2 145.5 145.7 145.9 146.1 146.2 146.2 146.2 146.4 146.6 146.6 146.6 146.6

house

Health 2017 158.2 157.9 158.1 158.2 158.3 158.3 158.4

2016 157.2 156.0 156.5 156.7 157.1 157.2 157.2 157.3 157.5 157.6 157.6 157.6 157.8

Transport 2017 139.0 139.2 139.1 139.2 139.1 139.1 138.4

2016 138.1 137.3 135.8 137.4 139.0 140.4 138.7 137.3 137.5 137.9 136.9 138.3 141.1

Communication 2017 88.7 88.7 88.7 88.7 88.7 88.7 88.7

2016 88.7 88.6 88.6 88.6 88.7 88.7 88.7 88.7 88.7 88.7 88.7 88.7 88.7

Recreation and culture 2017 115.2 115.1 115.2 115.2 115.2 115.2 115.3

2016 115.0 114.7 114.8 114.9 114.9 114.9 115.0 115.0 115.0 115.0 115.1 115.1 115.1

Education 2017 156.9 156.6 156.6 156.6 156.6 156.6 158.6

2016 156.6 156.5 156.5 156.5 156.5 156.5 156.5 156.6 156.6 156.6 156.6 156.6 156.6

Continued

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TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Restaurant and miscellaneous 2017 141.5 141.4 141.5 141.5 141.5 141.6 141.7

goods and services 2016 141.2 140.9 141.0 141.1 141.1 141.1 141.1 141.2 141.2 141.3 141.3 141.3 141.4

ARMM - Autonomous Region

in Muslim Mindanao

All items 2017 166.8 164.6 165.1 165.6 166.9 167.1 171.3

2016 161.0 158.8 159.1 159.2 159.6 160.5 160.9 161.4 161.8 161.8 162.4 162.9 163.5

Food and non-alcoholic beverages 2017 189.7 186.4 187.2 187.7 189.4 189.9 197.3

2016 181.8 178.7 179.3 179.3 179.8 180.9 181.6 182.4 182.9 183.0 183.8 184.3 185.0

Food 2017 194.1 190.5 191.4 191.9 193.7 194.2 202.7

2016 185.5 182.3 183.0 183.0 183.5 184.7 185.3 186.2 186.8 186.9 187.7 188.2 188.9

Bread and Cereals 2017 183.5 180.3 181.0 181.7 183.0 183.3 191.8

2016 175.7 172.5 173.3 173.3 174.0 175.0 175.4 176.0 176.7 177.2 177.6 178.2 179.0

Meat 2017 176.2 173.4 174.6 175.4 176.2 176.4 181.1

2016 167.3 162.2 163.3 163.1 164.0 165.4 167.1 168.8 169.7 170.1 170.3 171.1 172.7

Fish 2017 199.4 194.4 195.6 196.5 198.8 198.4 212.6

2016 193.4 193.8 192.6 192.7 191.7 193.9 193.9 195.2 194.3 193.0 193.5 193.1 192.5

Milk, cheese, and eggs 2017 169.7 168.6 168.8 169.2 169.5 169.8 172.1

2016 167.1 165.7 166.0 166.2 166.5 166.6 167.1 167.3 167.6 167.8 167.8 168.1 168.3

Oils and fats 2017 179.8 183.1 183.7 183.7 184.8 184.3 159.2

2016 179.4 176.4 177.1 177.1 177.9 179.2 179.6 179.7 180.5 180.6 180.9 181.8 182.1

Fruit 2017 285.8 278.0 279.2 280.3 280.6 283.5 313.4

2016 258.2 257.2 258.5 262.2 263.7 262.1 263.5 265.5 171.2 269.9 272.4 273.4 278.2

Vegetables 2017 220.7 214.6 215.4 214.5 220.6 222.3 236.6

2016 203.1 191.9 195.1 193.7 195.0 198.4 201.0 202.3 231.8 203.9 206.7 208.1 209.4

Sugar, jam, honey, chocolate 2017 186.9 186.3 186.3 186.9 187.4 187.9 186.6

and confectionery 2016 180.3 181.9 182.4 182.3 182.7 183.0 183.8 184.2 141.9 184.6 185.1 185.6 185.8

Food products N.E.C. 2017 183.3 180.2 181.4 181.7 183.0 183.1 190.4

2016 174.9 172.3 173.1 172.5 173.6 174.1 173.7 174.7 173.2 176.7 177.6 178.8 179.0

Non-alcoholic beverages 2017 129.5 129.2 129.2 129.2 129.3 129.3 131.0

2016 130.6 128.4 128.4 128.4 128.4 128.6 128.8 128.9 150.8 128.9 129.0 129.0 129.0

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 31

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Alcoholic beverages and tobacco 2017 198.0 194.4 195.3 196.2 197.3 200.6 204.2

2016 188.6 184.6 185.0 185.2 186.3 187.2 188.3 188.7 189.9 190.5 191.4 192.4 193.4

Clothing and footwear 2017 136.2 134.6 134.8 135.1 135.3 135.7 141.9

2016 133.9 133.2 133.3 133.4 133.5 133.7 133.9 134.1 134.2 134.2 134.3 134.4 134.5

Housing, water, electricity, gas, 2017 133.5 132.2 132.9 133.1 134.9 133.4 134.3

and other fuels 2016 128.8 127.3 127.4 127.6 128.0 128.9 128.8 128.9 129.3 129.1 129.6 130.4 130.6

Furnishing, household equipment 2017 133.5 132.6 132.8 133.0 133.3 133.5 135.6

and routine maintenance of the 2016 131.8 131.1 131.3 131.4 131.5 131.7 131.8 131.9 132.1 132.1 132.1 132.3 132.4

house

Health 2017 153.1 152.9 153.6 153.7 154.6 154.7 149.0

2016 151.1 149.9 150.1 150.2 150.5 151.1 151.3 151.4 151.7 151.7 151.7 151.9 152.0

Transport 2017 117.7 118.3 117.0 117.6 118.3 118.9 116.2

2016 116.3 116.3 115.5 116.2 115.8 117.1 116.2 115.7 115.6 115.7 116.2 116.2 119.6

Communication 2017 97.5 97.8 97.8 97.8 97.8 97.8 96.2

2016 97.7 97.6 97.6 97.7 97.7 97.7 97.7 97.7 97.7 97.7 97.7 97.7 97.8

Recreation and culture 2017 134.3 134.7 134.8 135.0 135.3 135.6 130.1

2016 133.4 132.4 132.5 132.5 132.8 133.2 133.4 133.5 133.8 133.8 134.0 134.2 134.3

Education 2017 172.6 170.6 170.6 170.6 170.6 170.6 182.4

2016 170.0 169.1 169.1 169.1 169.1 169.1 170.6 170.6 170.6 170.6 170.6 170.6 170.6

Restaurant and miscellaneous 2017 144.8 144.7 145.1 145.4 145.5 145.8 142.5

goods and services 2016 143.7 142.9 143.0 143.0 143.3 143.4 143.6 143.7 144.0 144.1 144.2 144.4 144.5

NIR - Negros Island Region

All items 2017 150.8 150.2 150.6 150.6 151.0 151.0 151.1

2016 146.9 145.2 145.0 145.2 145.4 146.6 147.1 147.2 147.3 147.3 147.7 148.7 150.2

Food and non-alcoholic beverages 2017 169.8 169.0 170.1 169.6 169.9 170.0 170.4

2016 162.9 159.8 159.4 159.5 159.7 162.0 163.1 163.7 163.8 164.1 164.7 166.4 168.5

Food 2017 172.9 172.0 173.1 172.6 173.0 173.0 173.5

2016 165.4 162.2 161.7 161.8 162.0 164.5 165.7 166.3 166.4 166.7 167.3 169.2 171.4

Bread and Cereals 2017 163.1 162.4 162.5 163.0 163.4 163.5 163.6

2016 160.3 158.3 158.6 158.8 159.5 160.1 160.2 160.7 160.8 160.8 161.3 161.7 162.4

Meat 2017 146.0 145.1 145.2 145.8 146.1 146.3 147.4

2016 143.9 143.7 143.3 143.4 143.4 143.5 143.2 143.6 144.2 144.5 144.8 144.9 144.7

Continued

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32

TABLE 1.1--Continued

Indicator Year Average January February March April May June July August September October November December

Fish 2017 230.2 227.2 230.3 228.5 230.7 231.5 233.0

2016 201.4 192.7 192.1 191.4 190.9 199.0 200.9 203.0 203.0 203.4 204.2 211.3 224.3

Milk, cheese, and eggs 2017 158.1 157.6 157.8 158.0 158.3 158.5 158.5

2016 157.0 156.3 156.3 156.4 156.6 156.6 157.1 157.4 157.4 157.5 157.6 157.6 157.6

Oils and fats 2017 151.7 151.5 151.5 151.5 151.5 152.0 152.0

2016 151.0 150.2 150.2 150.1 150.5 150.5 151.5 151.5 151.5 151.5 151.5 151.5 151.5

Fruit 2017 190.4 184.1 187.5 190.8 192.5 193.0 194.7

2016 173.6 164.2 165.3 167.4 167.1 168.7 172.1 172.9 174.6 178.4 181.8 186.0 184.3

Vegetables 2017 184.4 188.3 192.6 185.8 182.0 179.8 178.0

2016 179.2 173.8 167.0 167.3 166.6 177.9 185.6 184.8 183.0 183.8 185.0 188.5 187.5

Sugar, jam, honey, chocolate 2017 135.2 138.0 137.7 135.6 133.7 133.0 133.1

and confectionery 2016 139.2 137.7 138.8 138.8 139.7 139.7 139.8 139.9 139.7 139.4 138.9 138.9 138.5

Food products N.E.C. 2017 144.8 145.1 145.0 144.2 144.4 144.8 145.2

2016 144.5 145.0 144.9 144.2 144.0 144.8 145.3 145.0 144.3 143.3 143.4 144.8 145.4

Non-alcoholic beverages 2017 130.0 129.9 129.9 130.0 130.0 130.1 130.1

2016 129.5 128.5 129.1 129.5 129.5 129.5 129.5 129.5 129.6 129.8 129.8 129.8 129.9

Alcoholic beverages and tobacco 2017 195.9 195.7 195.7 195.8 196.0 196.0 196.1

2016 189.6 187.5 187.9 188.3 188.5 188.6 188.6 188.6 188.7 188.7 188.7 194.8 195.7

Clothing and footwear 2017 122.1 122.0 122.1 122.1 122.1 122.1 122.1

2016 121.7 121.2 121.3 121.3 121.3 121.3 121.9 122.0 122.0 122.0 122.0 122.0 122.0

Housing, water, electricity, gas, 2017 133.9 132.3 132.8 134.3 134.8 134.5 134.5

and other fuels 2016 132.3 132.1 132.0 132.1 132.5 132.9 132.8 132.0 132.6 131.9 132.3 132.4 132.3

Furnishing, household equipment 2017 132.6 132.4 132.4 132.6 132.7 132.7 132.6

and routine maintenance of the 2016 131.6 130.9 130.9 130.9 131.5 131.6 131.8 131.8 131.8 132.0 132.0 132.0 132.4

house

Health 2017 141.8 141.7 141.7 141.8 141.8 141.8 141.8

2016 141.0 140.5 140.7 140.8 140.8 140.8 141.0 141.0 141.1 141.2 141.2 141.5 141.7

Transport 2017 144.9 147.5 143.4 143.5 145.7 146.2 143.3

2016 142.2 140.5 140.2 140.8 141.9 142.0 142.0 141.9 141.5 141.3 141.9 142.0 150.2

Communication 2017 93.1 93.1 93.1 93.1 93.1 93.1 93.1

2016 93.1 93.1 93.1 93.1 93.1 93.1 93.1 93.1 93.1 93.1 93.1 93.1 93.1

Recreation and culture 2017 105.3 105.3 105.3 105.3 105.3 105.3 105.3

2016 105.0 104.7 104.7 104.8 104.8 104.8 104.8 104.8 104.9 105.3 105.3 105.3 105.3

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 33

TABLE 1.1--Concluded

Indicator Year Average January February March April May June July August September October November December

Education 2017 154.0 153.9 153.9 153.9 153.9 153.9 154.4

2016 153.6 153.2 153.2 153.2 153.2 153.2 153.9 153.9 153.9 153.9 153.9 153.9 153.9

Restaurant and miscellaneous 2017 125.9 125.9 125.9 125.9 125.9 125.9 125.9

goods and services 2016 125.8 125.6 125.6 125.6 125.6 125.8 125.9 125.9 125.9 125.9 125.9 125.9 125.9

Source : Philippine Statistics Authority

Indicator Year Average January February March April May June July August September October November December

All items 2017 175.0 174.8 175.3 174.9 175.0 175.2

2016 170.3 167.5 166.8 167.5 168.4 169.5 170.0 170.2 170.8 172.0 173.1 173.8 174.7

Food 2017 200.7 201.6 201.8 199.7 199.9 200.6

2016 191.4 185.8 183.9 184.9 186.7 188.5 190.1 190.4 192.3 195.2 197.9 199.5 201.8

Beverages and tobacco 2017 220.7 216.6 219.1 221.8 222.0 224.0

2016 213.4 209.6 210.2 210.0 210.6 212.5 213.7 215.4 215.4 215.5 215.6 215.8 216.2

Crude materials, inedible except 2017 173.1 171.6 172.7 173.7 173.8 173.8

fuels 2016 170.9 169.3 169.3 170.7 170.7 172.1 172.6 172.2 170.8 170.5 170.4 170.5 171.6

Mineral fuels, lubricants, and 2017 252.2 251.4 256.1 253.5 251.5 248.4

related materials 2016 229.1 219.1 214.4 219.5 222.8 230.6 234.2 232.4 226.7 230.7 236.3 239.7 242.5

Chemicals, including animal 2017 168.9 167.8 168.5 169.2 169.4 169.4

or vegetable oils and fats 2016 167.1 165.9 166.4 166.6 167.3 167.4 167.1 167.3 167.4 167.4 167.5 167.6 167.7

Manufactured goods classified 2017 153.4 153.0 153.0 153.4 153.7 153.7

chiefly by materials 2016 152.0 150.4 150.4 150.8 151.3 151.7 152.2 152.4 152.7 152.7 152.9 152.9 153.1

Machinery and transport 2017 141.5 141.1 141.3 141.7 141.8 141.5

equipment 2016 140.8 140.2 140.2 140.7 140.8 140.9 140.4 140.5 140.9 141.0 141.1 141.2 141.1

Miscellaneous manufactured 2017 154.0 153.7 153.9 154.1 154.1 154.3

2016 153.2 152.7 152.7 153.0 153.2 153.4 153.1 153.1 153.3 153.5 153.6 153.7 153.7

Source : Philippine Statistics Authority3/ Excludes petroleum oil, coal, coke and carbon

4/ Excludes basic and industrial chemicals, animal and vegetable oils and fats, fertilizers and limes, crude dye stuffs and tanning extracts.

5/ Excludes leather and leather manufactures, other than rubber and related products, other wood, cane and cork products, pulp and paperboard, containers, abaca, clay products, primary metals.

6/ Excludes agricultural machinery and equipment. `

TABLE 1.2 General Retail Price Index in NCR by Commodity: 2016 and 2017

(2000=100)

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34

Indicator Year Average January February March April May June July August September October November December

All items 2017 184.0 183.7 183.7 184.0 184.2 184.2

2016 182.3 179.8 179.7 180.9 181.4 182.3 182.8 182.8 183.6 183.3 183.6 183.7 183.9

Carpentry materials 2017 157.2 157.7 157.0 156.9 157.2 157.2

2016 157.2 155.4 155.4 155.6 156.4 157.6 158.3 158.3 158.0 157.7 157.7 157.7 158.0

Electrical materials 2017 208.8 208.3 208.9 209.0 209.0 208.9

2016 206.9 204.3 204.3 205.8 205.7 206.4 206.6 206.7 208.3 208.2 208.6 208.8 208.8

Masonry materials 2017 195.3 194.4 195.5 195.5 195.5 195.4

2016 192.7 187.4 187.6 191.2 192.1 194.0 195.1 194.5 194.3 193.8 193.7 193.9 194.4

Painting materials and related 2017 188.5 188.3 187.8 188.4 189.0 189.0

compounds 2016 187.6 185.9 185.9 186.5 187.1 187.8 187.9 188.0 188.3 188.1 188.5 188.6 188.4

Plumbing materials 2017 169.8 169.6 170.0 169.8 169.7 169.7

2016 167.1 164.7 164.9 165.6 166.0 166.3 166.5 166.4 167.4 168.8 168.9 169.6 169.6

Tinsmithry materials 2017 146.0 146.0 145.9 146.0 146.0 146.3

2016 145.1 143.5 143.7 144.5 144.6 144.7 145.6 145.8 145.8 145.4 145.5 145.5 146.0

Miscellaneous construction 2017 287.8 284.4 286.1 288.8 289.7 289.8

materials 2016 277.4 269.7 268.8 271.8 273.6 274.3 275.7 276.8 282.9 283.1 284.0 283.9 284.2

Source : Philippine Statistics Authority

Indicator Year Average January February March April May June July August September October November December

Philippines

All items 2017 235.6 235.3 236.9 235.0r

235.0p

2016 226.3 219.1 220.4 221.7 223.5 225.8 227.5 226.9 226.2 227.6 230.9 231.5 234.0

Food 2017 231.2 231.1 232.7 230.9 229.9

2016 228.9 224.6 227.2 227.3 225.6 227.5 229.3 229.4 229.8 229.8 231.5 232.4 231.9

Beverages and tobacco 2017 267.3 259.4 268.4 269.3 272.0

2016 251.5 250.1 250.4 250.5 251.2 251.2 251.6 251.6 252.3 252.3 252.3 252.5 252.5

Crude materials, inedible except 2017 295.9 302.2 298.0 288.4 295.0

fuel 2016 265.1 235.4 247.8 268.0 277.7 267.1 271.2 266.7 261.7 264.7 264.4 268.0 288.5

Continued

TABLE 1.4 General Wholesale Price Index by Commodity and Major Group Island: 2016 and 2017 (1998=100)

Prices, Inflation Rate, and Purchasing Power of the Peso

TABLE 1.3 Retail Price Index for Construction Materials in NCR: 2016 and 2017

(2000=100)

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Prices, Inflation Rate, and Purchasing Power of the Peso 35

TABLE 1.4--Continued

Indicator Year Average January February March April May June July August September October November December

Mineral fuels, lubricants, and 2017 494.9 493.7 499.6 486.6r

487.8

related materials 2016 421.3 375.6 374.8 385.6 402.4 425.5 435.4 428.0 421.0 429.4 448.8 452.9 476.5

Chemicals, including animal 2017 224.1 222.2 224.1 225.4 224.7

and vegetable oils and fats 2016 218.5 209.6 211.8 209.5 217.0 215.1 216.0 216.7 214.6 221.0 231.4 229.0 229.8

Manufactured goods classified 2017 180.5 180.3 180.5 180.6 180.5

chiefly by material 2016 179.0 178.6 178.3 178.4 178.6 178.7 178.9 179.0 179.2 179.4 179.5 179.6 180.3

Machinery and transport 2017 162.8 162.6 162.8 162.9 163.0

equipment 2016 162.1 161.7 162.0 162.0 162.0 162.0 162.0 162.0 161.9 162.1 162.2 162.3 162.4

Miscellaneous manufactured 2017 205.9 205.8 205.9 205.9 206.0

articles 2016 204.5 204.3 203.9 203.9 204.0 204.2 204.2 204.2 204.1 204.4 205.7 205.8 205.8

Luzon

All items 2017 240.2 239.9 241.7 239.6r

239.4p

2016 229.9 221.8 223.5 224.9 226.6 229.4 231.4 230.2 229.4 231.3 235.2 236.0 238.7

Food 2017 227.9 227.8 229.7 227.7 226.3

2016 226.5 222.3 225.7 225.9 222.8 224.9 227.3 226.4 226.9 227.3 229.1 230.1 229.2

Beverages and tobacco 2017 270.2 261.3 272.9 273.0 273.7

2016 253.8 252.2 252.4 252.5 253.3 253.3 253.9 253.9 254.7 254.7 254.7 255.0 255.0

Crude materials, inedible except 2017 295.7 302.0 297.0 287.9 296.0

fuel 2016 263.8 234.1 245.5 265.9 277.2 265.6 269.8 265.7 260.3 262.8 262.4 266.3 289.7

Mineral fuels, lubricants, and 2017 525.1 526.6 533.2 519.6r

521.0

related materials 2016 445.3 394.0 393.5 404.8 423.8 450.6 461.0 452.7 444.3 454.4 476.5 481.9 506.4

Chemicals, including animal 2017 236.5 234.8 236.6 237.7 236.8

and vegetable oils and fats 2016 230.0 218.8 221.6 218.7 228.4 225.8 226.9 226.7 224.8 233.2 246.7 243.7 244.8

Manufactured goods classified 2017 179.0 178.8 179.0 179.1 179.0

chiefly by material 2016 177.2 176.6 176.3 176.4 176.6 176.8 177.0 177.2 177.4 177.6 177.8 177.9 178.7

Machinery and transport 2017 160.7 160.7 160.7 160.7 160.8

equipment 2016 160.1 159.6 160.1 160.1 160.1 160.1 160.1 160.0 160.0 160.2 160.3 160.4 160.6

Miscellaneous manufactured 2017 218.2 218.0 218.2 218.2 218.2

articles 2016 216.5 216.2 215.7 215.7 215.7 216.0 216.0 216.0 216.0 216.2 218.0 218.0 218.0

Visayas

All items 2017 222.2 221.1 222.8 221.8 222.9

2016 214.7 210.0 210.6 212.1 212.3 212.4 213.4 217.3 216.4 216.3 218.1 217.5 220.2

Continued

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36

TABLE 1.4--Continued `

Indicator Year Average January February March April May June July August September October November December

Food 2017 254.0 253.5 254.5 254.8 253.1

2016 245.7 242.2 240.3 240.6 240.9 240.5 239.4 250.0 250.2 249.2 250.4 251.3 253.2

Beverages and tobacco 2017 249.0 243.8 243.8 244.3 264.1

2016 243.4 241.2 242.8 243.3 243.3 243.8 243.8 243.8 243.8 243.8 243.8 243.8 243.8

Crude materials, inedible except 2017 296.6 306.3 307.7 289.1 283.2

fuel 2016 265.0 229.2 254.8 277.8 274.5 267.8 273.0 261.4 259.2 268.4 269.6 271.9 271.9

Mineral fuels, lubricants, and 2017 381.4 382.0 386.8 372.8 383.8

related materials 2016 341.5 306.7 314.6 326.5 329.2 333.4 350.2 345.2 346.5 347.3 365.4 352.9 380.6

Chemicals, including animal 2017 176.0 172.2 176.1 177.8 178.0

and vegetable oils and fats 2016 172.0 170.5 170.5 170.5 170.7 170.5 171.0 178.0 172.7 172.5 172.5 172.2 172.2

Manufactured goods classified 2017 175.4 174.8 175.4 175.6 175.7

chiefly by material 2016 176.4 177.4 177.4 177.4 177.7 177.6 177.6 176.6 174.8 175.2 175.1 175.1 174.8

Machinery and transport 2017 176.8 174.4 176.9 177.8 177.9

equipment 2016 174.2 174.1 174.1 174.1 173.9 174.1 174.1 174.7 174.2 174.4 174.4 174.4 174.4

Miscellaneous manufactured 2017 145.5 145.1 145.3 145.6 145.8

articles 2016 146.0 146.5 146.5 146.5 146.5 146.7 146.7 146.5 145.3 145.3 145.1 145.1 145.1

Mindanao

All items 2017 213.3 213.5 213.7 213.1 212.9

2016 209.8 207.0 206.7 207.1 210.1 211.6 211.4 210.6 210.7 210.2 210.1 210.5 211.6

Food 2017 235.1 235.6 235.8 233.8 235.2

2016 231.4 225.6 226.6 226.6 232.3 235.3 235.1 233.3 233.3 231.6 232.5 232.1 232.9

Beverages and tobacco 2017 264.0 260.8 260.8 266.9 267.3

2016 243.6 243.6 243.6 243.6 243.6 243.6 243.6 243.6 243.6 243.6 243.7 243.7 243.7

Crude materials, inedible except 2017 299.4 298.6 298.6 300.2 300.2

fuel 2016 296.5 279.1 285.7 293.7 298.0 299.8 300.7 301.8 300.5 299.8 299.6 299.6 299.6

Mineral fuels, lubricants, and 2017 271.3 276.3 277.6 271.3 260.0

related materials 2016 261.4 259.7 248.0 253.1 262.2 267.3 265.2 263.6 262.7 262.7 255.2 262.4 274.7

Chemicals, including animal 2017 191.7 190.7 191.1 192.8 192.3

and vegetable oils and fats 2016 189.7 188.9 189.0 189.1 189.6 189.8 190.0 190.1 190.1 190.0 190.0 189.9 189.9

Manufactured goods classified 2017 195.7 195.5 195.4 195.8 195.9

chiefly by material 2016 195.0 194.0 194.2 194.3 194.4 194.3 194.6 194.6 195.3 195.9 196.0 196.0 196.1

Continued

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 37

TABLE 1.4--Concluded

Indicator Year Average January February March April May June July August September October November December

Machinery and transport 2017 165.6 165.3 165.3 165.7 166.0

equipment 2016 165.1 165.1 165.1 165.1 165.1 165.1 164.9 164.9 164.9 164.9 165.3 165.3 165.3

Miscellaneous manufactured 2017 178.5 178.5 178.5 178.5 178.6

articles 2016 177.3 176.2 176.3 176.3 177.0 177.0 176.8 177.1 177.2 178.4 178.4 178.5 178.5

Source : Philippine Statistics Authority

Indicator Year Average January February March April May June July August September October November December

All items 2017 232.6 231.9 232.5 232.6 233.0 232.9

2016 227.3 223.8 223.6 224.1 225.2 227.5 228.7 228.4 227.9 228.1 229.1 229.7 230.9

Sand and gravel 2017 227.8 226.6 227.3 227.8 228.4 228.9

2016 223.5 221.1 218.4 223.4 223.0 223.0 223.0 224.4 224.4 224.6 224.6 226.0 226.5

Concrete products 2017 219.3 218.7 219.1 219.6 219.6 219.6

2016 217.7 214.8 215.3 216.1 216.1 216.7 218.8 218.8 218.8 218.8 218.8 219.8 219.8

Cement 2017 198.9 200.1 199.4 199.2 198.5 197.5

2016 200.3 196.8 196.3 197.8 198.3 198.9 200.3 201.8 202.3 202.6 203.5 202.6 201.9

Hardware 2017 227.4 227.1 227.4 227.4 227.6 227.6

2016 225.9 224.5 223.9 224.9 225.1 225.4 226.4 226.5 226.5 226.5 226.5 227.5 227.5

Plywood 2017 194.1 194.3 194.1 194.1 194.1 193.7

2016 195.0 194.6 194.6 194.8 194.5 194.5 195.4 195.5 195.3 195.3 195.3 195.1 194.7

Lumber 2017 250.2 248.8 248.5 251.2 251.2 251.2

2016 245.6 245.5 245.5 245.3 245.3 245.3 245.6 245.6 245.6 245.6 245.6 245.6 246.7

Galvanized Iron (G.I) sheets 2017 186.6 186.3 186.7 186.7 186.7 186.7

2016 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3

Reinforcing steel 2017 278.7 277.7 278.0 278.6 279.3 280.0

2016 269.4 264.0 264.0 259.1 264.9 273.5 274.6 272.3 272.3 272.3 270.3 271.4 273.6

Structural Steel 2017 281.0 280.4 281.2 281.2 281.2 281.2

2016 276.9 276.9 275.9 275.7 275.7 278.2 276.3 276.3 276.3 276.3 277.8 277.8 279.2

Tileworks 2017 189.2 189.2 189.2 189.2 189.2 189.2

2016 187.5 188.0 188.6 188.0 188.0 188.0 187.1 187.1 187.1 187.1 187.1 187.2 187.2

Continued

TABLE 1.5 Wholesale Price Index for Construction Materials in NCR: 2016 and 2017

(2000=100)

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38

TABLE 1.5--Concluded

Indicator Year Average January February March April May June July August September October November December

Glass and glass products 2017 185.2 185.2 185.2 185.2 185.2 185.2

2016 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2

Doors, jambs and steel casement 2017 208.3 205.7 207.4 207.7 210.3 210.3

2016 204.5 206.4 206.4 206.3 206.3 206.3 203.1 203.1 203.1 203.1 203.1 203.1 203.1

Electrical works 2017 212.5 211.9 212.2 212.6 212.9 212.9

2016 212.8 213.4 213.4 213.6 213.3 213.5 212.5 212.5 212.5 212.4 212.1 212.1 212.6

Plumbing fixtures and accessories/ 2017 186.0 185.2 185.8 186.3 186.3 186.3

waterworks 2016 184.3 184.6 184.6 185.0 184.3 184.3 184.1 184.1 184.1 184.1 184.2 184.2 184.2

Painting works 2017 209.5 208.9 209.3 209.7 209.7 209.7

2016 207.5 207.0 207.0 207.0 207.0 207.0 207.9 207.9 207.9 207.9 207.9 207.9 207.9

PVC pipes 2017 183.6 182.9 182.9 184.1 184.1 184.1

2016 183.9 181.7 181.7 181.7 184.6 184.6 184.6 184.6 184.6 184.6 184.6 184.6 184.6

Fuels and lubricants 2017 298.6 298.6 301.2 297.8 298.7 296.6

2016 268.3 251.1 248.0 255.3 259.3 269.0 273.9 272.2 267.3 268.9 281.3 281.9 291.2

Asphalt 2017 466.8 466.8 466.8 466.8 466.8 466.8

2016 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8

Machinery and equipment rental 2017 168.7 168.7 168.7 168.7 168.7 168.7

2016 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7

Source : Philippine Statistics Authority

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 39

Indicator Year Average January February March April May June July August September October November December

Total manufacturing 2017 133.4 134.0r

134.0r

133.7 132.6r

132.4

2016 134.1 135.5 135.9 134.4 135.0 135.2 135.2 133.7 133.0 133.1 132.4 132.9r

133.3

Food manufacturing 2017 193.6 194.9r

193.9r

193.6r

193.2r

193.3

2016 192.0 189.5 190.3 190.5 191.6 192.1 192.7 192.9 193.2 193.1 192.9r

192.6r

193.5r

Beverage 2017 192.3 193.1 192.3 191.9 191.9 189.5

2016 194.4 191.6 191.6 191.5 194.5 194.5 195.6 195.6 195.6 195.6 195.6 195.6 195.6

Tobacco 2017 196.9 196.5 195.3 195.8 200.1 200.1

2016 196.4 196.1 196.1 196.1 196.8 196.8 196.9 196.3 196.3 196.3 196.3 196.3 196.3

Textile 2017 172.9 172.7 172.9 172.8 173.1 173.5

2016 176.9 179.8 179.3 180.2 180.3 180.3 180.3 180.4 172.0 172.3 172.3 172.8 172.8

Footwear and wearing apparel 2017 333.3 334.1r

333.8r

335.0r

332.8r

330.7

2016 329.0 341.9 331.6 328.6 323.9 325.5 326.1 324.1 325.6 329.3 330.2 331.3r

330.6r

Leather products 2017 133.2 133.0 134.1 131.5 134.3 111.4

2016 143.4 150.5 153.1 151.1 148.0 144.4 142.5 131.6 132.1 141.3 141.5 143.7 140.8

Wood and wood products 2017 89.2 90.5r

90.8r

88.6r

88.6r

89.5

2016 89.0 88.8 89.1 88.8 88.0 88.1 88.9 88.9 89.1 89.3 89.6 89.9r

89.7r

Paper and paper products 2017 123.2 121.7r

120.6r

123.3r

121.5r

120.1

2016 122.6 124.2 124.1 123.6 123.5 122.6 121.7 121.5 122.4 122.2 122.3 122.7 120.4

Printing 2017 317.8 316.0 318.1 318.5 318.4 318.42016 310.7 309.2 309.1 308.7 308.9 308.9 311.7 311.8 311.6 312.0 312.0 312.3 312.6

Petroleum products 2017 286.4 289.6 292.4 282.9 282.0r

274.8

2016 247.4 227.6 222.1 237.0 241.3 254.1 252.9 246.0 246.6 247.8 259.9 259.1 274.6

Chemical products 2017 155.5 155.4 155.3 156.0r

155.0 154.9

2016 156.6 158.0 157.4 157.3 157.6 157.8 156.6 156.7 155.2 155.6 156.1 155.1 155.4

Rubber and plastic products 2017 142.5 147.4r

148.1r

147.5r

147.0r

145.3

2016 150.3 150.7 150.2 149.1 149.8 150.4 152.0 151.5 151.0r

149.9 149.3 149.9 150.2

Rubber products 2017 74.8 74.1r

74.4r

74.0r

73.8r

73.5

2016 75.2 74.6 74.7 74.0 73.5 74.1 75.5 75.5 75.4 76.1 75.9 76.4 76.3

Plastic products 2017 179.8 191.0r

192.1r

191.5r

190.9r

187.6

2016 195.5 197.0 195.9 194.9 196.8 197.3 198.4 197.3 196.5 193.2 192.1 192.7 193.4

Continued

TABLE 1.6 Producers Price Index for Manufacturing: Philippines, 2016 and 2017

(2000=100)

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40

TABLE 1.6--Concluded

Indicator Year Average January February March April May June July August September October November December

Non-metallic mineral products 2017 137.9 137.8 138.4 137.4 138.0r

137.9

2016 147.6 152.5 150.7 148.4 148.7 145.9 147.4 146.4 145.9 147.0 146.7 146.3 144.9

Glass and glass products 2017 113.2 113.1 113.2 113.2 113.3 112.8

2016 113.5 115.6 116.3 115.5 113.0 113.1 113.6 111.2 110.6 112.4 112.3 113.5 114.9

Cement 2017 154.7 155.3 156.1 153.1 154.4r

154.2

2016 184.4 203.5 195.3 190.1 187.5 179.7 181.0 180.5 179.5 179.6 180.0 179.7 177.0

Miscellaneous non-metallic 2017 130.0 129.3 129.9 130.4 130.5 130.6

products 2016 127.4 125.6 126.4 125.1 127.7 127.2 128.8 128.1 128.0r

129.4 128.7 127.6 126.8

Basic metals 2017 169.1 166.0 167.7 170.3r

169.5r

168.1

2016 161.5 164.3 164.8 162.3 163.1 161.2 162.8 162.8 159.0 160.2 159.1 158.9 159.3

Iron and steel 2017 184.3 180.7 182.6 184.6r

184.1r

182.7

2016 172.3 173.0 172.5 172.8 172.3 172.9 172.4 171.4 171.0 171.9 171.6 172.2 173.2

Non-ferrous metal 2017 153.1 150.6 152.0 155.0 154.0r

152.7

2016 149.7 154.4 156.0 150.7 152.8 148.6 152.0 153.1 146.2 147.4 145.7 144.7 144.5

Fabricated metal products 2017 84.1 90.8 84.1 82.6 78.7 80.4

2016 128.9 137.5 139.7 137.8 138.5 136.8 137.7 138.3 135.3 137.2 101.5 102.7 103.4

Machinery excluding electrical 2017 86.7 87.0 87.7 87.6r

87.0r

87.1

2016 89.1 91.9 92.0 87.5 87.8 92.1 91.8 89.8 89.3r

84.9 88.1 86.7 87.1

Electrical machinery 2017 114.9 114.2r

115.1r

114.3r

115.0r

114.7

2016 116.5 118.1 119.9 117.4 115.7 116.6 119.3 116.3 115.2 116.0 113.0 115.7 114.9

Transport equipment 2017 118.4 119.2 117.5 119.0 117.9 118.1

2016 118.0 117.9 117.4 117.3 117.3 117.9 118.2 117.5 117.6 118.6 118.9 118.6 118.7

Furniture and fixtures 2017 7.5 7.4 7.6 7.6 7.2 7.2

2016 9.1 10.0 10.1 9.7 10.3 9.2 8.4 8.4 8.3 8.6 8.7 8.7 8.8

Miscellaneous manufactures 2017 81.8 82.7 82.0 81.4 81.2 80.9

2016 79.5 77.7 77.7 78.0 78.7 78.7 79.1 79.0 78.6 80.4 81.5 82.6 81.9

Source : Philippine Statistics Authority

Prices, Inflation Rate, and Purchasing Power of the Peso

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Prices, Inflation Rate, and Purchasing Power of the Peso 41

Indicator Year Average January February March April May June July August September October November December

Inflation Rate

Philippines 2017 3.2 2.7 3.3 3.4 3.4 3.1 2.8

2016 1.8 1.3 0.9 1.1 1.1 1.6 1.9 1.9 1.8 2.3 2.3 2.5 2.6

National Capital Region 2017 3.6 3.0 3.6 4.0 3.9 3.7 3.1

2016 1.2 0.6 0.1 0.2 0.4 1.0 1.1 1.0 1.2 2.0 2.1 2.0 2.7

Areas Outside NCR 2017 3.1 2.7 3.2 3.3 3.3 3.0 2.7

2016 1.9 1.5 1.2 1.3 1.3 1.7 2.1 2.1 2.0 2.4 2.4 2.6 2.6

Purchasing Power of the Peso

Philippines 2017 0.7 0.7 0.7 0.7 0.7 0.7 0.7

2016 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7

National Capital Region 2017 0.7 0.7 0.7 0.7 0.6 0.7 0.7

2016 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7

Areas Outside NCR 2017 0.7 0.7 0.7 0.7 0.6 0.7 0.7

2016 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7

Source : Philippine Statistics Authority

TABLE 1.7 Inflation Rate and Purchasing Power of the Peso by Area: 2016 and 2017

(2006=100)

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CHAPTER II Trade

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Trade 45

Indicator Year Total January February March April May June July August September October November December

Export Value 2017 20,297.7 5,130.4 4,782.5p

5,579.4p

4,805.4p

All commodities 2016 56,008.4 4,187.3 4,310.4r

4,611.3r

4284.9p

4,711.0 4,754.4 4,673.2 4,904.0 5,210.7 4,757.9 4,732.4 4,871.0

Electronic products 2017 10,082.5 2,365.0 2,470.1p

2,802.1p

2,445.3p

2016 28,803.7 2,141.7 2,130.6r

2,355.6r

2,288.8r

2,263.1 2,429.1 2,400.5 2,633.5 2,669.7 2,493.9 2,546.9 2,450.6

Articles of apparel and clothing 2017 547.3 320.6 82.7p

89.7p

54.3p

accessories 2016 1,036.5 86.6 83.0r

92.4r

93.8r

78.0 89.7 100.8 91.4 96.3 68.4 71.0 85.1

Cathodes and sections of 2017 398.2 … 141.2p

129.5p

127.5p

cathodes of refined copper 2016 78.5 … 13.5r

21.4r

- 28.1 - - - - … 15.6 …

Woodcrafts and furniture 2017 310.3 178.0 47.5p

43.3p

41.5p

2016 3,104.5 236.5 262.3r

332.8r

262.0r

303.7 274.3 224.9 254.6 278.9 241.9 230.7 202.1

Ignition wiring sets and other 2017 672.9 165.6 179.4p

182.1p

145.8p

wiring sets used in vehicles, 2016 1,983.7 174.3 208.5r

151.5r

151.3r

146.0 137.2 160.5 173.6 186.0 176.3 164.7 153.7

aircrafts, and ships 1/

Coconut oil 2/

2017 584.0 199.6 132.6p

153.9p

97.9p

2016 1,135.6 60.6 79.7r

48.7r

61.3r

63.6 105.0 131.8 97.4 85.2 153.1 129.1 120.2

Bananas, fresh 2017 158.6 41.9 27.6p

37.6p

51.5p

2016 618.7 36.3 50.4r

50.6r

51.9r

44.7 35.4 57.7 41.9 78.5 54.4 51.3 65.7

Gold 3/

2017 415.2 39.9 91.9p

160.5p

122.8p

2016 548.5 54.4 39.9r

74.0r

4.3r

48.8 79.2 43.0 52.0 35.7 31.2 47.1 38.9

Shrimps and prawns, fresh, 2017 8.0 2.2 1.9p

2.5p

1.4p

chilled or frozen 2016 42.0 1.5 1.5r

0.7r

1.2r

1.7 2.3 5.1 5.8 7.4 5.8 5.6 3.4

Copper concentrate 2017 78.5 12.9 13.6p

27.9p

24.1p

2016 519.0 28.5 65.5r

57.1r

7.4r

46.2 24.6 54.9 45.3 48.3 48.2 19.5 74.0

1/ consists only of electrical wiring harness for motor vehicles

2/ includes crude and refined

3/ extracted from copper ores and concentrates

Source : Philippine Statistics Authority

TABLE 2.1 Total Value of Merchandise Exports by Commodity: 2016 and 2017 (F.O.B in Million US $)

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46 Trade

Indicator Year Total January February March April May June July August September October November December

Import Value 2017 28,693.8 7,444.2 6,510.7p

7,881.5p

6857.5p

All commodities 2016 81,458.4 6,825.2 5,414.2r

6,357.9r

6864.6r

6,736.1 6,852.9 6,726.4 6,926.5 7,100.7 6,921.0 7,298.0 7,435.0

Electronic products 1/

2017 7,421.3 1,864.9 1,739.3p

2,007.7p

1809.4p

2016 21,773.1 2,225.2 1,560.0r

1,764.2r

1812.2r

1,671.9 1,697.1 1,828.0 1,788.9 1,830.8 1,729.8 1,956.4 1,980.4

Mineral fuels, lubricants, 2017 3,435.4 997.9 827.2p

882.8p

727.5

and related products 2016 7,805.5 699.2 419.2r

593.5r

742.4 640.0 768.0 626.0 607.1 705.6 689.2 648.4 714.9

Chemical elements and 2017 0.6 - 0.2p

0.2p

0.2p

compound 2016 2,039.2 - - 0.1r

- 684.8 700.8 … … … … 0.1 …

Power-generating and 2017 501.5 132.6 115.4p

147.8p

105.7p

specialized machinery 2016 3,013.5 99.9 90.8r

110.9r

137.6r

646.8 663.3 154.6 114.2 145.1 104.6 119.8 149.1

Transport equipment 2017 2,810.9 627.5 607.3p

862.1p

714.0p

2016 9,162.8 693.4 505.5r

693.4r

697.3r

703.6 714.0 584.6 870.5 804.8 1,034.8 810.6 1,079.5

Base metals 2017 … … … …

2016 3,036.0 278.2 256.8r

283.5r

333.8r

370.5 432.5 … 345.2 381.1 354.4 … …

Telecommunications equipment 2017 767.7 217.3 184.1p

196.4p

169.8p

and electrical machinery 2/

2016 2,237.5 175.3 190.9r

163.2r

176.8r

193.8 205.1 186.7 182.0 186.1 182.6 185.5 204.2

Cereals and cereal 2017 662.4 184.5 163.2p

187.4p

127.4p

preparations 2016 1,516.1 141.3 111.2r

114.3r

159.6r

145.3 90.9 106.2 106.6 163.3 166.8 119.7 90.9

Iron and steel 2017 1,377.9 362.3 296.3p

374.9p

344.4p

2016 3,201.6 201.7 184.8r

213.1r

269.4r

289.7 354.0 313.7 263.8 290.5 272.3 284.0 264.7

Textile yarns, fabrics, made-up 2017 372.6 117.5 66.9p

105.3p

82.9p

articles, and other related 2016 1,133.1 91.5 78.7r

78.9r

96.8r

106.0 97.4 90.7 93.7 99.8 102.1 110.0 87.5

products 3/

1/ includes consigned and edited importation using the expanded coverage of electronic products

2/ includes telecommunications and sound recording and reproducing apparatus and equipment

3/ includes on consignment and not on consignment

Source : Philippine Statistics Authority

TABLE 2.2 Total Value of Merchandise Imports by Commodity: 2016 and 2017

(F.O.B in Million US $)

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Trade 47

Indicator Year Total January February March April May June July August September October November December

Trade value by selected

country

(in million US dollars)

Total trade 2017 48,991.4 12,574.6 11,293.2 13,460.9 11,662.9

Import p

28,693.9 7,444.2 6,510.7 7,881.5 6,857.5

Export r

20,297.6 5,130.4 4,782.5 5,579.4 4,805.4

Balance of trade (8,396.2) (2,313.8) (1,728.2) (2,302.2) (2,052.0)

Total trade 2016 137,103.8 11,012.5 9,724.5 10,969.3 10,783.2 11,450.8 11,607.3 11,399.5 11,830.5 12,311.0 11,678.9 12,030.3 12,306.1

Import p

81,123.1 6,825.2 5,414.2 6,357.9 6,529.0 6,736.1 6,852.9 6,726.4 6,926.5 7,101.0 6,921.0 7,298.0 7,435.0

Export r

55,981.7 4,187.3 4,310.4 4,611.3 4,254.2 4,714.7 4,754.4 4,673.2 4,904.0 5,211.0 4,757.9 4,732.4 4,871.0

Balance of trade (25,141.4) (2,637.9) (1,103.8) (1,746.6) (2,274.7) (2,021.4) (2,098.5) (2,053.2) (2,022.6) (1,890.0) (2,163.0) (2,565.6) (2,564.0)

USA 1/

2017

Total trade 5,315.6 1,411.7 1,261.3 1,458.9 1,183.8

Import p

2,260.3 564.6 516.0 648.9 530.7

Export r

3,055.3 847.1 745.2 809.9 653.1

Balance of trade 794.6 282.5 229.2 161.0 122.0

Total trade 2016 15,820.6 1,305.0 1,262.3 1,246.8 1,261.6 1,282.5 1,271.5 1,348.8 1,374.8 1,382.2 1,352.1 1,262.0 1,471.1

Import p

7,219.6 606.5 519.3 574.3 556.9 573.1 530.5 571.5 636.0 644.9 614.9 606.5 785.2

Export r

8,601.1 698.5 743.0 672.5 704.6 709.4 741.0 777.3 738.8 737.3 737.2 655.5 686.0

Balance of trade 1,381.3 91.9 223.8 98.1 147.7 136.3 210.5 205.8 102.8 92.4 122.2 49.0 (99.2)

Japan 2/

2017

Total trade 6,673.8 1,693.8 1,588.9 1,826.7 1,564.5

Import p

3,585.3 806.1 860.6 1,064.2 854.4

Export r

3,088.5 887.7 728.4 762.4 710.0

Balance of trade (496.5) 81.6 (132.2) (301.8) (144.0)

Total trade 2016 21,143.3 1,678.2 1,611.3 1,756.2 1,599.4 1,744.2 1,832.8 1,734.5 1,809.5 1,975.8 1,828.6 1,711.3 1,861.6

Import p

9,537.5 727.8 671.7 764.7 748.7 709.6 852.2 825.0 807.8 857.5 844.7 812.5 915.3

Export r

11,605.9 950.5 939.6 991.4 850.7 1,034.6 980.6 909.6 1,001.7 1,118.3 983.8 898.8 946.3

Balance of trade 2,068.4 222.7 267.9 226.7 102.0 325.0 128.4 84.6 193.8 260.8 139.1 86.4 31.0

Singapore 2017

Total trade 3,053.0 778.3 702.9 832.0 739.8

Import p

1,799.2 452.8 414.5 497.0 434.9

Export r

1,253.8 325.4 288.4 335.0 304.9

Balance of trade (545.5) (127.4) (126.1) (162.0) (130.0)

Total trade 2016 9,043.9 715.9 655.2 728.4 779.5 711.7 772.8 755.0 756.7 768.7 826.2 862.9 710.9

Import p

5,344.4 437.2 366.1 428.8 430.0 435.4 457.3 443.7 410.5 442.0 508.8 555.9 428.7

Export r

3,699.5 278.7 289.0 299.6 349.5 276.3 315.5 311.3 346.3 326.7 317.4 307.0 282.2

Balance of trade (1,644.9) (158.5) (77.1) (129.2) (80.6) (159.1) (141.8) (132.4) (64.2) (115.4) (191.4) (248.9) (146.5)

1/ includes Okinawa

2/ includes Alaska and Hawaii Continued

TABLE 2.3 Total Value of Trade by Selected Country: 2016 and 2017 (F.O.B in Million US $)

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48 Trade

TABLE 2.3--Continued

Indicator Year Total January February March April May June July August September October November December

Taiwan 2017

Total trade 1,684.1 571.7 498.9 613.5 519.9

Import p

1,163.1 399.9 336.8 426.4 340.8

Export r

521.0 171.7 162.2 187.1 179.1

Balance of trade (642.0) (228.2) (174.6) (239.3) (162.0)

Total trade 2016 7,190.0 601.4 491.0 561.4 531.9 605.2 665.6 633.5 653.5 582.0 623.6 593.7 647.2

Import p

5,153.7 464.8 351.2 402.1 391.5 441.2 490.3 453.3 463.9 390.1 446.8 405.1 453.3

Export r

2,036.4 136.6 139.7 159.3 140.4 164.0 175.3 180.2 189.6 191.9 176.8 188.6 194.0

Balance of trade (3,117.4) (328.3) (211.5) (242.8) (251.0) (277.2) (315.0) (273.1) (274.3) (198.2) (270.0) (216.6) (259.4)

Hong Kong 2017

Total trade 2,683.4 793.1 864.5 1,025.9 857.5

Import p

654.1 263.5 163.0 227.6 210.6

Export r

2,029.3 529.6 701.5 798.3 646.9

Balance of trade 1,375.3 266.2 538.5 570.6 436.0

Total trade 2016 8,981.4 679.2 538.8 745.2 671.3 725.5 789.4 765.6 854.7 787.6 734.2 863.1 826.8

Import p

2,405.6 240.4 117.7 170.5 199.3 211.1 200.1 203.3 219.3 196.6 192.6 247.7 207.2

Export r

6,575.7 438.8 421.1 574.7 472.0 514.4 589.4 562.4 635.5 590.9 541.6 615.4 619.6

Balance of trade 4,170.1 198.4 303.4 404.2 272.7 303.3 389.3 359.1 416.2 394.3 348.9 367.8 412.4

Netherlands 2017

Total trade 758.4 311.3 211.9 235.2 210.5

Import p

121.3 53.1 32.3 35.9 41.6

Export r

637.1 258.2 179.6 199.3 168.9

Balance of trade 515.8 205.0 147.4 163.4 127.0

Total trade 2016 2,209.3 183.3 183.3 167.5 189.1 181.9 173.1 212.5 193.1 168.7 198.8 175.5 182.5

Import p

500.6 43.8 37.8 42.3 42.9 41.0 41.4 42.9 45.6 34.9 45.0 45.3 37.8

Export r

1,708.8 139.5 145.5 125.3 146.2 140.9 131.6 169.7 147.5 133.8 153.8 130.3 144.8

Balance of trade 1,208.3 95.7 107.6 83.0 103.3 99.9 90.2 126.8 102.0 98.9 108.8 85.0 107.0

Malaysia 3/

2017

Total trade 1,190.8 381.7 384.1 425.1 386.5

Import p

820.7 271.4 257.4 291.9 253.0

Export r

370.1 110.3 126.6 133.2 133.5

Balance of trade (450.6) (161.1) (130.8) (158.7) (120.0)

Total trade 2016 4,469.2 360.6 292.0 356.9 376.7 360.3 380.3 350.1 397.4 416.9 374.6 373.3 430.2

Import p

3,281.2 279.3 210.5 269.8 271.4 273.5 280.5 250.9 304.8 316.0 264.0 261.2 299.3

Export r

1,188.1 81.3 81.5 87.1 105.3 86.8 99.8 99.2 92.6 100.9 110.6 112.1 131.0

Balance of trade (2,093.2) (198.1) (129.0) (182.7) (166.1) (186.6) (180.7) (151.7) (212.2) (215.2) (153.5) (149.2) (168.4)

3/ includes Sabah and Sarawak

Continued

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Trade 49

TABLE 2.3--Continued

Indicator Year Total January February March April May June July August September October November December

Korea, Republic of 2017

Total trade 2,457.6 812.8 758.1 886.7 774.1

Import p

1,811.5 589.7 537.5 684.3 592.1

Export r

646.2 223.1 220.7 202.5 181.9

Balance of trade (1,165.2) (366.6) (316.8) (481.9) (410.0)

Total trade 2016 7,325.1 641.0 495.6 635.9 555.4 609.7 599.1 640.3 595.2 585.0 584.3 663.3 720.5

Import p

5,297.2 492.7 309.2 447.2 408.7 448.8 444.5 485.6 426.0 418.7 435.1 450.9 529.9

Export r

2,027.9 148.3 186.4 188.8 146.7 160.8 154.6 154.7 169.2 166.3 149.1 212.4 190.6

Balance of trade (3,269.2) (344.4) (122.8) (258.4) (262.0) (288.0) (289.9) (330.9) (256.7) (252.4) (286.0) (238.4) (339.3)

Thailand 2017

Total trade 1,498.2 740.3 757.9 797.5 636.8

Import p

1,625.0 533.8 511.1 580.1 446.9

Export r

670.9 206.6 246.9 217.4 189.9

Balance of trade (954.1) (327.2) (264.2) (362.7) (257.0)

Total trade 2016 8,590.6 661.7 685.0 798.9 643.5 720.4 706.5 678.2 698.1 776.4 709.7 761.5 750.8

Import p

6,463.0 491.2 523.4 620.0 485.5 544.5 531.9 514.4 512.0 571.0 529.4 559.8 579.8

Export r

2,127.6 170.5 161.6 178.9 158.1 175.9 174.6 163.8 186.0 205.4 180.3 201.6 170.9

Balance of trade (4,335.4) (320.8) (361.8) (441.1) (327.4) (368.7) (357.3) (350.6) (326.0) (365.5) (349.2) (358.2) (408.9)

Germany 2017

Total trade 1,067.7 358.0 332.8 376.9 357.8

Import p

410.9 143.4 122.8 144.7 170.5

Export r

656.7 214.6 210.0 232.2 187.3

Balance of trade 158.3 71.2 87.1 87.5 17.0

Total trade 2016 4,207.8 314.9 311.8 316.1 320.2 319.3 358.4 362.8 352.4 362.1 548.8 322.1 319.1

Import p

1,917.7 135.4 124.5 128.9 130.6 136.7 155.4 149.7 149.6 140.5 368.1 153.1 145.3

Export r

2,290.2 179.5 187.3 187.2 189.6 182.6 203.0 213.1 202.7 221.6 180.7 169.1 173.8

Balance of trade 372.5 44.0 62.8 58.4 59.0 46.0 47.7 63.4 53.1 81.2 (187.4) 16.0 28.5

Saudi Arabia 2017

Total trade 326.5 193.8 132.7 … 88.8

Import p

315.6 187.7 127.9 … 83.4

Export r

10.9 6.1 4.8 … 5.4

Balance of trade (304.8) (181.7) (123.1) … (78.0)

Total trade 2016 942.7 167.6 64.2 99.3 13.3 73.7 79.6 146.9 … … 76.8 119.1 102.2

Import p

873.4 162.0 57.8 91.8 4.4 67.5 72.6 141.6 … … 69.0 111.3 95.4

Export r

69.3 5.6 6.4 7.5 8.8 6.2 7.0 5.3 … … 7.9 7.8 6.8

Balance of trade (804.2) (156.4) (51.4) (84.3) 4.4 (61.4) (65.6) (136.4) … … (61.1) (103.5) (88.7)

Continued

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50 Trade

TABLE 2.3--Concluded

Indicator Year Total January February March April May June July August September October November December

Iran 2017 Total trade … … … … …

Import p

… … … … …

Export r

… … … … … Balance of trade … … … … …

Total trade 2016 4,467.4 284.7 331.0 352.3 369.7 478.2 397.3 326.2 503.4 453.1 478.5 493.0 …

Import p

3,917.0 241.4 252.6 305.0 324.0 411.8 365.9 277.5 464.3 404.9 426.4 443.2 …

Export r

550.5 43.3 78.4 47.3 45.6 66.4 31.5 48.7 39.1 48.3 52.1 49.8 … Balance of trade (3,366.5) (198.1) (174.2) (257.7) (278.4) (345.4) (334.4) (228.7) (425.2) (356.6) (374.3) (393.5) …

Australia Total trade 2017 237.0 120.6 116.4 160.3 212.2

Import p

283.9 94.1 75.8 113.9 180.0

Export r

113.4 26.5 40.6 46.3 32.2 Balance of trade (170.5) (67.6) (35.3) (67.6) (148.0)

Total trade 2016 2,612.0 213.0 181.8 241.1 206.8 219.9 203.5 203.5 218.2 226.9 233.7 237.6 225.9

Import p

1,838.9 159.9 128.4 169.0 149.2 165.9 153.2 150.4 157.9 162.9 157.5 160.5 124.0

Export r

773.1 53.1 53.4 72.1 57.6 54.0 50.4 53.1 60.4 64.0 76.2 77.1 101.9 Balance of trade (1,065.8) (106.9) (75.1) (96.9) (91.6) (111.9) (102.8) (97.3) (97.5) (98.9) (81.4) (83.5) (22.2)

United Kingdom of Great Britain 2017 Total trade 80.9 … 80.9 … …

Import p

40.7 … 40.7 … …

Export r

40.2 … 40.2 … … Balance of trade (0.5) … (0.5) … …

Total trade 2016 484.7 85.0 63.9 82.0 87.8 78.0 88.1 … … … … … …

Import p

254.2 47.7 30.6 43.9 45.8 37.0 49.2 … … … … … …

Export r

230.6 37.2 33.4 38.0 42.0 41.0 39.0 … … … … … … Balance of trade (23.6) (10.5) 2.8 (5.9) (3.8) 4.0 (10.2) … … … … … …

China, People's Republic of Total trade 2017 3,519.8 2,052.8 1,467.0 2,012.9 1,774.3

Import p

3,906.3 1,551.6 977.1 1,377.6 1,239.7

Export r

1,626.4 501.2 489.9 635.3 534.6 Balance of trade (2,279.8) (1,050.4) (487.1) (742.4) (705.0)

Total trade 2016 21,124.9 1,633.7 1,260.2 1,497.1 1,724.9 1,866.8 1,823.2 1,808.0 1,852.9 2,031.2 1,725.3 2,039.1 1,862.6

Import p

14,980.8 1,228.0 867.3 1,039.7 1,308.8 1,373.3 1,287.1 1,287.1 1,294.5 1,397.8 1,153.5 1,484.1 1,259.7

Export r

6,144.1 405.7 392.9 457.4 416.1 493.5 536.1 520.9 558.4 633.4 571.9 555.0 602.8 Balance of trade (8,836.8) (822.4) (474.3) (582.3) (892.7) (879.9) (751.0) (766.2) (736.0) (764.5) (581.6) (929.0) (656.9)

Note : Details may not add up to total due to rounding.

Source : Philippine Statistics Authority

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CHAPTER III Industrial Production

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Industrial Production 53

Indicator Year Average January February March April May June July August September October November December

Total manufacturing 2017r

181.8 177.7 176.0 194.3 179.1

2016r

187.9 153.3 161.9 173.3 172.8 178.3 183.3 186.6 189.2 197.2 206.0 220.0 232.5

Food manufacturing 2017 316.0 320.5r

313.1r

335.7r

294.8

2016 275.4 253.9 267.8 283.3 271.3 274.7 232.4 253.8 251.3 255.9 293.0r

322.0 345.9r

Processed meat and fish 2017 213.7 198.9 209.8 257.9r

188.3

2016 160.5 134.5 145.8 155.1 151.9 156.6 157.5 165.1 174.4 167.7 170.4 177.2 169.9

Processed fruits and 2017 394.0 387.5 377.4 403.0r

407.9

vegetables 2016 402.5 354.0 370.9 413.9 406.8 387.7 360.5 362.5 359.4 373.7 403.5 443.7 593.6

Vegetable or animal 2017 131.9 149.1 126.6r

137.5r

114.4

oils and fats 2016 83.8 59.7 80.7 63.7 46.0 67.8 54.6 95.9 98.2 106.1 105.9 108.7 117.8

Milk and dairy products 2017 320.3 329.2 360.4 311.5r

280.2

2016 352.1 333.9 316.8 362.0 364.7 374.9 384.4 341.0 350.7 343.0 335.3 385.6 333.3

Grain mill products 2017 227.5 215.4 212.2 247.3r

235.1

2016 236.7 211.6 208.3 231.5 243.0 240.6 247.3 240.1 243.3 252.6 240.4 243.6 238.5

Animal feeds 2017 363.0 393.0r

339.2r

382.8r

337.1

2016 330.7 326.0 307.1 313.6 345.4 319.0 338.7 320.7 340.7 326.2 342.0r

346.2r

343.1r

Bakery products 2017 636.8 646.4r

614.7r

630.7r

655.3

2016 515.7 281.8 284.9 278.8 312.6 610.6 422.8 617.5 599.0 678.0 660.4 682.7 758.8

Milled and refined sugar 2017 853.1 881.4r

845.8r

938.0r

747.1

2016 641.6 760.8 851.7 885.0 766.2 593.0 317.2 384.3 336.7 341.8 676.2r

830.7 955.2

Coconut products 2017 542.0 507.1r

537.0r

576.0r

547.7

2016 549.1 470.3 549.6 574.1 606.5 535.5 470.6 542.5 559.6 570.7 585.2 527.6 596.6

Miscellaneous foods 2017 103.5 105.5r

95.9 110.2r

102.5

2016 99.8 91.9 97.2 102.0 93.8 97.5 94.6 104.5 100.5 94.8 107.8 108.4 105.0r

Beverages 2017 246.2 236.4 226.8 267.0r

254.6

2016 262.8 249.2 226.6 260.1 258.4 264.4 294.2 256.1 249.0 273.6 263.8 275.3 282.9

Tobacco products 2017 10.9 8.8 11.1 10.8 12.7

2016 14.9 10.2 10.6 13.6 11.4 13.0 17.0 17.2 17.0 16.0 18.1 18.1 17.2

Textiles 2017 44.3 43.0 43.6 45.6r

44.8

2016 66.1 60.3 60.9 73.6 61.4 67.1 66.4 67.2 65.2 77.4 64.8 65.5 63.5

Textile products 2017 37.5 36.8 36.4 38.9 37.7

2016 59.9 55.0 55.6 68.4 56.6 60.0 60.5 59.7 58.0 70.7 57.8 59.2 57.0

Continued

TABLE 3.1 Value of Production Index of Key Manufacturing Enterprises by Industry: 2016 and 2017

(2000 = 100)

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54

TABLE 3.1--Continued

Indicator Year Average January February March April May June July August September October November December

Cordage, rope, and twine 2017 158.0 146.1 164.5 158.0r

163.5

2016 170.0 149.6 148.1 160.0 141.6 185.8 164.6 192.5 185.3 189.4 181.4 169.5 172.4

Footwear and wearing 2017 101.5 82.5 79.6 132.0r

111.7

apparel 2016 86.9 70.4 76.1 80.5 89.8 83.8 88.1 96.1 89.2 84.1 90.1 84.9 110.1

Leather products 2017 1.2 1.1 1.2 1.3r

1.1

2016 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.0 1.1 1.2 1.3 1.4 1.2

Wood and wood 2017 64.9 102.3 56.7 45.6 55.1

products 2016 56.9 46.0 48.7 59.5 53.9 55.5 58.1 58.8 56.6 60.7 58.9 57.9 68.4

Planing and sawmill 2017 67.5 62.8 71.5 67.2 68.4

2016 63.5 71.3 63.9 79.2 64.1 66.7 60.1 60.8 60.8 65.5 53.4 56.0 59.8

Veneer and plywood 2017 16.5 17.5 16.2 17.7r

14.4

2016 17.7 18.8 19.5 20.4 19.2 19.4 18.9 17.2 16.9 16.2 16.1 15.5 14.7

Other wood products 2017 132.2 271.2 98.1r

61.0r

98.5

2016 105.9 55.9 73.2 93.0 92.3 94.7 112.2 116.7 109.3 119.3 127.1 121.3 156.1

Paper and paper products 2017 91.8 91.5r

80.0 97.3r

98.2

2016 94.2 89.2 91.8 96.4 100.3 96.5 85.8 90.2 90.0 93.1 98.5 98.4 100.6

Printing 2017 436.1 406.5 452.6r

453.2r

432.2

2016 451.7 532.6 570.3 414.4 385.1 385.5 495.2 467.2 410.2 417.5 445.9 456.6 440.5

Petroleum products 2017 160.3 168.8 163.3 170.2r

138.8

2016 118.6 90.2 83.7 87.4 78.0 99.9 120.1 132.1 129.4 144.4 142.9 152.5 162.5

Refined petroleum products 2017 160.3 168.8 163.1 170.4 138.7

2016 118.3 89.9 83.3 87.1 77.6 99.5 119.7 132.0 129.3 144.3 142.8 152.3 162.3

Coke and other fuel products 2017 164.9 167.2 195.2r

147.6r

149.6

2016 156.2 130.4 143.9 131.2 135.1 159.3 176.2 153.0 148.4 168.6 152.4 189.6 186.2

Chemical products 2017 215.8 193.3r

210.0r

244.8r

215.2

(excluding plastic products) 2016r

462.1 175.5 232.6 288.3 332.9 383.1 448.1 477.1 513.3 575.9 635.9 702.5 780.4

Basic chemical and industrial 2017 297.0 263.5r

267.0r

321.8r

335.8

gases 2016 223.0 230.0 207.4 225.4 233.2 201.7 216.9 212.3 129.2 129.8 186.7 224.4 479.4

Fertilizers 2017 162.5 187.3 195.7 167.6 99.5

2016 149.9 187.8 132.3 110.4 106.8 171.0 172.3 177.5 163.4 134.5 91.3 161.4 190.0

Continued

Industrial Production

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Industrial Production 55

TABLE 3.1--Continued

Indicator Year Average January February March April May June July August September October November December

Paints 2017 184.2 175.2 177.6 202.7 181.4

2016 211.4 192.0 209.3 229.7 210.6 244.8 243.9 206.5 202.2 191.4 194.8r

210.6r 201.3

Drugs and medicines 2017r

246.4 193.1 251.4 310.5 230.7

2016r

1,187.4 195.6 354.1 575.0 731.0 880.3 1,105.0 1,238.2 1,426.4 1,624.4 1,822.8 2,039.2 2,256.4

Cosmetics and toilet 2017 198.2 186.0 185.2 214.0r

207.6

preparations 2016 189.4 147.0 196.8 181.0 183.2 196.6 201.4 188.9 185.6 214.4 215.7 203.5 159.1

Miscellaneous chemicals 2017 134.8 133.9r

132.1r

142.7r

130.4

2016 146.1 125.0 136.1 122.2 141.8 162.6 158.7 159.2 137.8 143.0 149.8 160.0 157.3

Rubber and plastic products 2017 163.7 161.2r

163.5r

172.8r

157.2

2016 192.3 177.4 179.0 193.0 199.5 199.9 204.0 205.4 215.0 206.7 179.4 192.5 155.6r

Rubber products 2017 216.0 226.1 219.7 225.3 192.7

2016 204.6 208.3 202.9 192.5 191.0 194.2 204.0 211.4 219.1 215.2 208.5 215.7 192.3

Plastic products 2017 148.0 141.8r

146.6r

157.1r

146.6

2016 188.6 168.2 171.9 193.2 202.0 201.6 204.0 203.6 213.8 204.2 170.6 185.5 144.6r

Non-metallic mineral products 2017 212.7 203.2 219.4r

224.2r

204.0

2016 199.1 191.2 196.8 203.5 206.2 206.8 210.3 203.5 203.5 204.2r

186.3r

189.8r

186.9

Glass and glass products 2017 203.0 226.2 270.4r

160.1r

155.2

2016 138.7 137.9 137.3 141.6 140.9 118.6 149.7 116.6 124.3 146.4 128.8 155.1 167.9

Cement 2017 327.4 302.5 319.8 363.7r

323.7

2016 315.1 306.7 315.4 324.9 329.5 336.6 332.9 332.4 325.5 317.4 285.5r

289.8r

284.1

Miscellaneous non-metallic 2017 55.3 53.8 56.3 54.8r

56.1

mineral products 2016 61.4 51.2 55.1 58.9 60.3 61.5 63.3 58.8 65.2 69.2 70.9 63.7 58.2

Basic metals 2017 311.7 295.7r

267.1r

301.4r

382.5

2016 262.1 185.6 218.5 274.9 284.5 290.1 282.6 273.9 273.5r

272.5 265.8 258.8 264.2r

Iron and steel 2017 234.2 192.3 187.3 222.5r

334.6

2016 206.9 198.0 196.5 201.3 212.4 227.3 230.5 223.0 223.0r

207.9 191.9 202.3 169.2r

Nonferrous metals 2017 496.6 542.4 457.6 489.6 496.7

2016 393.5 156.0 270.8 450.5 456.5 439.9 406.6 395.0 393.9 426.6 442.0 393.4 490.7

Fabricated metal products 2017 346.1 298.4r

328.0r

392.4r

365.4

2016 326.0 314.6 398.3 342.1 328.8 304.2 295.4 282.1 344.0 277.0 326.2 295.9 403.5

Continued

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56

TABLE 3.1--Concluded

Indicator Year Average January February March April May June July August September October November December

Machinery, excluding electrical 2017 48.8 42.8r

49.6r

55.3r

47.4

2016 52.8 42.4 48.6 52.7 52.8 54.3 63.8 50.1 55.3 52.8r

52.8r

55.7r

52.2r

Machinery and equipment 2017 167.5 142.8r

173.1r

195.8r

158.3

(N.E.C.) 2016 182.5 140.3 162.4 185.2 186.2 189.7 231.0 167.6 187.6 178.3 179.3 196.5 185.5

Office, accounting, and 2017 15.2 14.5r

14.7r

15.5r

16.1

and computing machinery 2016 16.1 14.7 16.4 15.1 15.0 15.9 16.4 16.9 17.8 17.3 16.9 15.9 14.5

Electrical machinery 2017 115.2 110.3r

111.6r

123.1r

115.8

2016 119.5 129.2 122.9 131.3 120.1 109.7 111.3 116.0 117.0 121.8 110.3 119.7 124.2r

Electrical appliances 2017 83.2 77.4r

84.8r

88.9r

81.7

2016 85.5 89.4 85.1 93.3 88.8 78.5 79.6 80.3 88.6 87.2 88.2r

87.1r

79.9r

Wires and wirings 2017 147.8 143.9 148.2 160.3r

138.8

2016 143.9 134.2 149.2 140.5 144.6 141.3 146.4 150.5 121.0 149.5 155.4 158.1 135.6

Batteries 2017 9.7 8.9r

7.7r

8.3r

13.8

2016 8.2 5.7 6.1 9.4 9.3 9.3 8.8 8.1 7.9 8.1 8.4 8.7 9.0

Lamps and fixtures 2017 115.5 107.0 113.9 129.5r

111.6

2016 108.1 107.5 108.3 105.2 104.5 96.5 105.3 111.7 115.9 115.0 118.7 107.6 101.4

Microcircuits 2017 127.8 123.4r

121.8r

135.7r

130.3

2016 134.9 149.6 140.1 151.2 135.1 123.6 124.4 130.5 130.1 136.7 117.4 133.8 145.8r

Transport equipment 2017 205.9 216.0r

189.6r

217.1r

200.7

2016 181.2 149.2 158.4 139.7 165.0 172.7 206.3 189.4 188.5 189.3 205.7 214.1r

195.7

Furniture and fixtures 2017 71.3 75.3r

67.9r

66.8r

75.2

2016 64.6 79.5 67.3 93.1 58.9 60.9 67.2 56.3 57.2 52.8 59.4 62.7 60.3

Miscellaneous 2017 83.2 84.2r

82.1r

90.0r

76.6

manufactures 2016 82.8 73.7 79.9 79.7 91.4 93.7 88.3 82.4 81.2 80.2 84.0 83.6r

75.0r

Source : Philippine Statistics Authority

Industrial Production

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Industrial Production 57

Indicator Year Average January February March April May June July August September October November December

Total manufacturing 2017 136.3 132.7r

131.6r

145.5r

135.5

2016r

140.2 113.1 119.2 128.9 128.0 131.9 135.5 139.5 142.0 148.2 155.7 165.6 174.4

Food manufacturing 2017 167.3 168.3r

167.5r

176.0r

157.2

2016 143.4 134.0 140.7 148.7 141.6 143.0 120.6 131.6 130.0 132.5 152.1r

167.4 179.0r

Beverages 2017 126.0 120.5r

116.1r

136.9r

130.6

2016 135.1 130.1 118.2 135.8 132.9 136.0 150.4 130.9 127.3 139.8 134.8 140.7 144.6

Tobacco products 2017 5.5 4.5 5.7 5.5 6.4

2016 7.6 5.2 5.4 6.9 5.8 6.6 8.7 8.7 8.7 8.1 9.2 9.2 8.8

Textiles 2017 25.7 25.0r

25.3r

26.5r

26.0

2016 37.4 33.6 33.9 40.8 34.1 37.2 36.8 37.2 37.9 45.0 37.6 37.9 36.7

Footwear and wearing apparel 2017 30.6 24.9r

24.0r

39.6r

33.7

2016 26.4 20.6 22.9 24.5 27.7 25.7 27.0 29.7 27.3 25.5 27.3 25.7 33.3

Leather products 2017 0.9 0.8 0.9 1.0r

0.8

2016 0.8 0.7 0.7 0.8 0.7 0.7 0.8 0.8 0.9 0.8 0.9 1.0 0.9

Wood and wood products 2017 72.3 112.9 62.4r

51.5r

62.3

2016 64.0 51.8 54.7 67.0 61.2 63.0 65.3 66.2 63.2 67.9 65.7 64.7 76.6

Paper and paper products 2017 102.4 101.0r

88.0r

109.7r

110.9

2016 84.2 71.8 74.0 78.0 81.2 78.7 70.5 74.2 73.5 76.2 109.9r

110.0r

112.7r

Printing 2017 137.3 128.7 142.3r

142.3 135.8

2016 145.4 172.3 184.5 134.2 124.7 124.8 158.8 149.9 131.6 133.8 142.9 146.2 140.9

Petroleum products 2017 55.5 57.8r

55.4 59.7r

49.0

2016 47.6 39.6 37.7 36.9 32.3 39.3 47.5 53.7 52.5 58.3 55.0 58.9 59.2

Chemical products 2017 140.5 125.8r

136.8r

158.7r

140.5

(excluding plastic products) 2016r

295.8 111.1 147.7 183.3 211.2 242.7 286.2 304.4 330.7 370.0 407.4 452.9 502.1

Rubber and plastic products 2017 117.6 115.1r

116.5r

125.0r

113.8

2016 127.9 117.7 119.2 129.4 133.2 132.9 134.2 135.5 142.4 137.9 120.2 128.4 103.6r

Rubber products 2017 288.9 298.0 289.3r

306.3r

262.0

2016 272.1 279.1 271.6 260.3 259.8 261.9 270.2 279.9 290.6 282.9 274.6 282.5 251.9

Plastic products 2017 82.3 78.8r

81.3r

87.5r

81.7

2016 96.4 85.4 87.7 99.2 102.6 102.2 102.8 103.2 108.8 105.7 88.8 96.3 74.8r

Nonmetallic mineral products 2017 152.5 145.8r

156.7r

161.3r

146.3

2016 134.9 125.4 130.6 137.2 138.7 141.7 142.7 139.0 139.4 138.9 127.0r

129.7r

128.8

Continued

TABLE 3.2 Volume of Production Index of Key Manufacturing Enterprises by Industry: 2016 and 2017 (2000=100)

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58

TABLE 3.2--Concluded

Indicator Year Average January February March April May June July August September October November December

Miscellaneous non-metallic 2017 42.5 41.6 43.3 42.0r

43.0

mineral products 2016 48.1 40.7 43.6 47.1 47.2 48.4 49.2 45.9 50.9 53.5 55.1 49.9 45.9

Basic metals 2017 184.8 178.7r

159.8r

176.2r

224.3

2016 162.5 113.0 132.6 169.4 174.5 180.0 173.6 168.2 172.0r

170.2 167.1 162.9 165.9r

Glass and glass products 2017 179.3 199.9 239.0r

141.4r

137.0

2016 122.2 119.3 118.1 122.6 124.7 104.8 131.8 104.8 112.3 130.3 114.7 136.6 146.2

Cement 2017 211.8 194.8r

204.9r

237.5r

210.0

2016 171.1 150.7 161.5 170.9 175.8 187.3 183.9 184.1 181.3 176.7 158.6r

161.2r

160.6

Iron and steel 2017 126.7 106.4r

102.5r

118.7r

179.3

2016 120.1 114.4 113.9 116.5 123.3 131.5 133.7 130.1 130.5r

120.9 111.8 117.5 97.6r

Nonferrous metals 2017 324.4 360.2r

300.9r

315.7r

320.8

2016 264.0 101.0 173.6 299.0 298.8 296.1 267.5 258.0 269.5 289.4 303.4 271.9 339.5

Fabricated metal products 2017 414.5 328.6r

390.1r

474.9r

464.3

2016 258.0 228.9 285.0 248.3 237.4 222.3 214.5 204.0 254.4 201.9 321.4 288.0 390.3

Machinery, excluding electrical 2017 54.9 48.0r

55.2r

62.5r

54.0

2016 59.3 46.2 52.9 60.2 60.1 58.9 69.5 55.8 61.8 62.2 59.9 64.2 60.0

Electrical machinery 2017 99.6 95.7r

96.0r

106.7r

100.1

2016 102.5 109.4 102.5 111.9 103.9 94.0 93.3 99.8 101.4 105.0 97.6 103.4r

108.1r

Transport equipment 2017 177.9 185.5r

165.0r

186.7r

174.2

2016 153.3 126.6 134.9 119.0 140.7 146.5 174.6 160.4 159.5 159.7 173.0 180.5r

164.8

Furniture and fixtures 2017 928.8 984.6r

867.6r

854.4r

1,008.4

2016 709.0 794.4 668.5 959.1 570.1 664.4 796.4 670.1 676.6 614.2 684.0 724.4 686.3

Miscellaneous manufactures 2017 96.6 96.7r

95.2r

105.0r

89.6

2016 104.1 94.9 102.8 102.2 116.1 119.0 111.6 104.3 103.3 99.7 103.1 101.3 91.6r

Source : Philippine Statistics Authority

Industrial Production

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Industrial Production 59

Indicator Year Total January February March April May June July August September October November December

Logs (cu. m.) 2016 729,313 49,934 66,310 112,676 57,546 43,172 49,108 72,077 62,401 56,836 63,441 54,767 41,045

Mineral Products

Metallics

Copper concentrate (DMT) 2017 72,194 22,348 21,582 28,264

2016 335,665 30,582 31,373 30,606 26,908 29,118 29,092 27,090 25,848 27,694 30,243 26,331 20,780

Gold (kg) 2017 6,167 2,084 1,875 2,208

2016 23,054 1,768 1,950 2,172 2,060 2,067 2,178 1,975 1,753 1,633 1,878 1,964 1,656

Silver (kg) 2017 9,169 3,254 2,935 2,980

2016 35,187 2,670 2,611 3,079 2,941 3,200 3,280 3,233 3,076 2,853 2,982 2,892 2,370

Chromite (DMT) 2017 6,238 3,398 1,803 1,037

2016 25,745 0 889 0 3,005 3,872 3,917 4,392 4,674 4,996 0 0 0

Non-metallics

Coal (mt) 2017 1,395,682 1,395,682 … …

2016 12,081,518 1,258,563 1,510,580 706,737 524,327 954,066 566,379 1,056,487 818,443 1,005,042 846,118 1,165,025 1,669,751

Sources : Philippine Statistics Authority, Forest Management Bureau, Mines and Geosciences Bureau, and Department of Energy

TABLE 3.3 Local Production of Forest and Mineral Products: 2016 and 2017

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CHAPTER IV Money and Banking

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Money and Banking 63

Indicator Year Average January February March April May June July August September October November December

Total 2017p

17,212.6 17,065.3 17,087.0 17,333.4 17,364.8

2016 16,095.1 15,454.6 15,554.2 15,670.1 15,771.9 15,854.1 16,074.8 16,025.6 16,091.9 16,357.4 16,445.9 16,704.6 17,136.2

Universal and commercial 2017 12,618.3 12,482.9 12,499.5 12,730.2 12,760.7

banks 2016 11,596.3 11,049.1 11,141.5 11,254.8 11,278.8 11,365.3 11,578.5 11,495.9 11,559.1 11,810.5 11,905.6 12,156.3 12,560.5

Thrift banks 2017 1,140.5 1,128.6 1,133.6 1,149.5 1,150.3

2016 1,070.6 1,045.3 1,052.6 1,055.1 1,060.8 1,056.5 1,064.0 1,063.2 1,066.2 1,080.4 1,086.5 1,094.6 1,122.0

Rural banks 2017a

231.7 231.7 231.7 231.7 231.7 226.3 226.3 226.3

2016 225.4 220.0 220.0 220.0 223.4 223.4 223.4 226.3 226.3 226.3 231.7r

231.7r

231.7r

Non banks 2017a

3,222.3 3,222.0 3,222.0 3,222.0 3,223.0 3,114.2 3,114.2 3,114.2 3,114.2

2016r

3,202.8 3,140.2 3,140.2 3,140.2 3,208.8 3,208.8 3,208.8 3,240.3 3,240.3 3,240.3 3,222.0 3,222.0 3,222.0

a As of end-September 2016

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Total 2017 81,579.6 81,376.4 81,436.1 80,893.8 82,015.3 82,176.5

2016 83,515.1 80,692.4 81,877.6 82,977.0 83,736.3 82,927.1 85,284.4 85,506.2 85,792.0 86,139.1 85,105.8 81,451.1 80,691.8

Reserve position in the fund 2017 447.7 446.3 444.7 445.7 448.4 453.3

2016 438.7 437.0 417.8 423.6 424.3 419.9 449.2 447.5 447.9 458.5 452.5 444.6 441.6

Gold 2017 7,864.6 7,641.9 7,859.1 7,887.9 7,933.0 8,001.3

2016 7,887.2 7,040.8 7,815.6 7,764.9 8,152.8 7,672.2 8,336.1 8,505.4 8,261.3 8,307.0 8,129.0 7,402.1 7,259.1

Special drawing rights 2017 1,155.5 1,150.3 1,146.4 1,148.9 1,159.5 1,172.5

2016 1,174.4 1,168.5 1,169.2 1,192.5 1,199.7 1,187.5 1,184.1 1,179.4 1,180.3 1,181.5 1,166.2 1,146.0 1,138.0

Foreign investments 2017 68,407.4 68,365.8 68,202.6 67,676.7 68,880.1 68,911.9

2016 71,687.7 71,220.2 71,032.0 71,379.1 71,711.5 71,684.2 73,295.2 73,294.3 73,930.0 73,850.0 71,630.9 68,934.4 68,290.0

Foreign exchange 2017 3,704.4 3,772.1 3,783.4 3,734.7 3,594.3 3,637.6

2016 2,327.1 825.9 1,443.0 2,217.0 2,247.9 1,963.3 2,019.8 2,079.6 1,972.4 2,342.1 3,727.2 3,523.9 3,563.1

Source: Bangko Sentral ng Pilipinas

TABLE 4.1 Resources of the Financial System: 2016 and 2017

TABLE 4.2 Gross International Reserves of the Bangko Sentral ng Pilipinas: 2016 and 2017 (Million U.S. dollars)

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Indicator Year Average January February March April May June July August September October November December

Total 2017 81,566.3 81,370.2 81,426.7 80,880.5 81,998.0 82,156.2

2016 83,504.1 80,686.8 81,868.5 82,964.3 83,719.9 82,907.3 85,282.3 85,500.6 85,782.9 86,126.4 85,089.3 81,431.1 80,689.5

Total assets 2017 81,579.6 81,376.4 81,436.1 80,893.8 82,015.3 82,176.5

2016 83,545.3 80,692.4 81,877.6 82,977.0 83,736.3 82,927.2 85,284.3 85,506.2 85,792.0 86,139.1 85,105.8 81,451.1 80,691.8

Total liabilities 2017 13.3 6.2 9.4 13.3 17.3 20.3

2016 12.5 5.6 9.1 12.8 16.4 19.9 2.0 5.6 9.1 12.8 16.5 20.0 2.3

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Savings deposit 2017 0.68 0.74 0.64 0.69 0.67

(Percent per annum) 2016 0.73 0.79 0.71 0.72 0.72 0.74 0.69 0.75 0.73 0.71 0.73 0.73 0.71

Treasury Bill Rates

91 - day 2017 2.16 1.78 2.10 2.37 2.35 2.18

182 - day 2.43 2.04 2.35 2.60 2.62 2.55

364 - days 2.73 2.28 2.70 2.78 2.97 2.90

all maturities 2.38 1.96 2.30 2.55 2.59 2.49

91 - day 2016 1.50 1.68 1.51 1.47 1.55 1.67 1.59 1.45 1.48 1.32 1.28 1.48 1.56

182 - day 1.61 1.64 1.51 1.59 1.76 1.65 1.62 1.44 1.47 1.44 1.51 1.81 1.88

364 - days 1.77 1.74 1.68 1.75 1.78 1.87 1.93 1.63 1.72 1.68 1.88 … …

all maturities 1.60 1.69 1.56 1.59 1.66 1.73 1.70 1.50 1.55 1.47 1.49 1.60 1.64

Time Deposit Rates

S - T < 360 days 2017 1.68 1.61 1.62 1.74 1.66 1.76

L - T > 360 days 2.96 3.13 3.11 2.96 2.79 2.83

S - T < 360 days 2016 1.50 1.55 1.58 1.62 1.51 1.50 1.46 1.39 1.45 1.39 1.46 1.54 1.61

L - T > 360 days 3.03 2.99 3.08 3.05 3.05 3.02 2.93 2.79 3.04 3.04 3.08 3.09 3.24

Source: Bangko Sentral ng Pilipinas

TABLE 4.4 Bank Interest Rates: 2016 and 2017

Money and Banking

TABLE 4.3 Net International Reserves: 2016 and 2017

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Money and Banking 65

Indicator Year Average January February March April May June July August September October November December

Bank Lending Rates 2017 5.52 5.64 5.21 5.77 5.47

(Commercial Banks) 2016 5.64 5.79 5.37 5.73 5.55 5.73 5.60 5.68 5.85 5.53 5.63 5.58 5.67

WAIR in percent per annum

WAIR - weighted average interest rates

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Interbank Call Loan Rates 2017 2.6 2.5 2.5 2.5 2.6 2.6

2016 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.6 2.5 2.5 2.5 2.5

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Exchange Rates 2017 49.924 49.736 49.961 50.275 49.863 49.860 49.850

(Peso per US Dollar) 2016 47.493 47.511 47.636 46.724 46.285 46.802 46.465 47.058 46.681 47.429 48.348 49.155 49.816

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Reserve Money 2017 2,666,168 2,630,030r

2,560,975r

2,734,818p

2,751,948r

2,653,070p

2016 2,456,056 2,366,694 2,323,227 2,361,526 2,450,598 2,431,993 2,327,638 2,470,708 2,399,449 2,504,045 2,544,304 2,534,714 2,757,772p

Source: Bangko Sentral ng Pilipinas

TABLE 4.5 Bank Lending Rates: 2016 and 2017

TABLE 4.6 Interbank Call Loan Rates: 2016 and 2017

TABLE 4.7 Exchange Rates: 2016 and 2017

TABLE 4.8 Reserve Money: 2016 and 2017 (Million Pesos)

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66

Indicator Year Average January February March April May June July August September October November December

Peso Cross Rates (Peso per unit

of foreign currency)

US Dollar 2017 49.9682 49.8140 50.2670 50.1940 49.6990 49.8670 Japan (Yen) 0.4460 0.4381 0.4460 0.4486 0.4474 0.4500 Euro 54.0218 53.2761 53.2378 53.5921 54.2117 55.7912 Pound (Sterling) 63.0659 62.1978 62.5573 62.6070 63.8384 64.1290 Canada (Dollar) 37.4686 37.9738 38.1939 37.6239 36.4978 37.0538 Swiss (Franc) 50.2566 50.0844 49.8285 50.1388 50.0645 51.1666 Brunei (Dollar) 35.5580 34.9449 35.6782 35.7762 35.4841 35.9065 Australia (Dollar) 37.7797 37.5946 38.5900 38.3482 37.1450 37.2207 Hong Kong (Dollar) 6.4291 6.4209 6.4769 6.4604 6.3881 6.3991 Netherlands (Dollar) 1.6367 1.5868 1.6367 1.6562 1.6505 1.6532 South Korea (Won) 0.0440 0.0426 0.0443 0.0449 0.0439 0.0444 Singapore (Dollar) 35.6850 35.0679 35.8052 35.9042 35.6112 36.0363 Malaysia (Ringgit) 11.4033 11.2447 11.3291 11.3587 11.4356 11.6484 Thailand (Baht) 1.4435 1.4123 1.4428 1.4575 1.4431 1.4620 Indonesia (Rupiah) 0.0037 0.0037 0.0038 0.0038 0.0037 0.0037 Saudi Arabia (Rial) 13.3261 13.2869 13.4063 13.3854 13.2534 13.2986

Chinese Yuan 7.2659 7.2385 7.3169 7.2865 7.2104 7.2772 UAE Dirham 13.6062 13.5644 13.6889 13.6679 13.5316 13.5781

S.D.R 68.1162 67.4676 67.9982 68.2598 68.0096 68.8459

US Dollar 2016 47.6594 47.8230 47.5600 46.1080 46.7730 46.7750 46.9600 47.0850 46.4670 48.2570 48.5150 49.7770 49.8130

Japan (Yen) 0.4372 0.4025 0.4174 0.4101 0.4327 0.4210 0.4568 0.4474 0.4513 0.4777 0.4608 0.4441 0.4251

Euro 52.4719 52.3184 51.9308 52.2588 53.1107 52.1494 52.2524 52.1561 51.7875 54.1685 52.8814 52.8084 51.8404

Pound (Sterling) 63.9865 68.6595 65.9277 66.2987 68.3447 68.4786 63.0579 61.9968 60.8021 62.5990 59.0136 61.7882 60.8715

Canada (Dollar) 36.0309 34.0887 35.1853 35.5744 37.2693 35.8512 36.3214 35.7952 35.4791 36.7225 36.2458 37.0861 36.7515

Swiss (Franc) 48.1501 47.1720 47.7079 47.7902 48.4042 47.1665 47.9428 48.0116 47.2370 49.9555 48.8521 49.1188 48.4421

Brunei (Dollar) 34.3074 33.3796 33.6280 34.0331 34.6467 33.7360 34.7157 34.6545 33.9274 35.2473 34.6660 34.8188 34.2357

Australia (Dollar) 35.3530 33.9074 33.9157 35.3556 35.6644 33.5798 34.9758 35.3138 34.8921 36.8346 36.8132 37.2083 35.7757

Hong Kong (Dollar) 6.1404 6.1370 6.1195 5.9472 6.0295 6.0208 6.0525 6.0708 5.9904 6.2221 6.2560 6.4174 6.4212

Netherlands (Dollar) 1.4783 1.4256 1.4296 1.4352 1.4523 1.4339 1.4562 1.4727 1.4639 1.5361 1.5290 1.5680 1.5365

South Korea (Won) 0.0411 0.0397 0.0384 0.0404 0.0412 0.0391 0.0407 0.0419 0.0415 0.0438 0.0423 0.0425 0.0411

Singapore (Dollar) 34.4314 33.4965 33.7472 34.1591 34.7754 33.8581 34.8446 34.7824 34.0517 35.3764 34.7903 34.9410 34.3538

Malaysia (Ringgit) 11.5091 11.3594 11.3050 11.7085 12.0239 11.3669 11.6439 11.6346 11.4790 11.7072 11.6009 11.1608 11.1190

Thailand (Baht) 1.3507 1.3351 1.3315 1.3086 1.3368 1.3094 1.3352 1.3500 1.3431 1.3933 1.3830 1.3990 1.3839

Indonesia (Rupiah) 0.0036 0.0034 0.0036 0.0035 0.0036 0.0034 0.0036 0.0036 0.0035 0.0037 0.0037 0.0037 0.0037

Saudi Arabia (Rial) 12.7082 12.7528 12.6830 12.2974 12.4765 12.4726 12.5224 12.5557 12.3905 12.8531 12.9366 13.2767 13.2806

Chinese Yuan 7.1557 7.2730 7.2707 7.1262 7.2204 7.1070 7.0744 7.0858 6.9541 7.2355 7.1546 7.2054 7.1612

UAE Dirham 12.9772 13.0230 12.9489 12.5553 12.7357 12.7355 12.7866 12.8206 12.6530 13.1404 13.2107 13.5536 13.5634

S.D.R 66.0657 66.1110 66.0371 64.8555 66.1118 65.7577 65.5501 65.4632 64.8605 67.4778 66.6489 67.2871 66.6274

Source: Bangko Sentral ng Pilipinas

Money and Banking

TABLE 4.9 Peso Cross Rates by Country: 2016 and 2017

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Money and Banking 67

Indicator Year Total January February March April May June July August September October November December

CURRENT ACCOUNT 2017p

(319) (800) 972 (491)

2016 601 (922) 1,684 (32) (261) 53 349 58 334 371 (92) (743) (197)

Goods, services and primary 2017p

(6,786) (2,844) (1,040) (2,902)

income 2016 (24,361) (2,725) (274) (2,179) (2,262) (1,989) (1,820) (1,936) (1,802) (1,856) (2,057) (2,878) (2,582)

Export 2017p

22,397 7,170 7,440 7,787

2016 84,346 6,373 6,974 7,064 6,766 7,150 7,314 7,292 7,493 7,727 6,847 6,252 7,094

Import 2017p

29,184 10,014 8,480 10,690

2016 108,707 9,098 7,249 9,243 9,028 9,139 9,134 9,227 9,295 9,584 8,904 9,130 9,676

Goods and services 2017p

(7,464) (3,106) (1,247) (3,111)

2016 (26,955) (2,951) (660) (2,209) (2,530) (2,159) (2,078) (2,118) (2,033) (1,978) (2,389) (3,171) (2,678)

Exports 2017p

19,953 6,433 6,641 6,879

2016 74,802 5,613 6,204 6,207 5,961 6,382 6,517 6,524 6,682 6,881 6,077 5,519 6,234

Imports 2017p

27,417 9,539 7,888 9,990

2016 101,757 8,564 6,865 8,416 8,492 8,541 8,595 8,642 8,716 8,859 8,466 8,690 8,912

Goods 2017p

(9,838) (3,633) (2,740) (3,465)

2016 (34,079) (3,493) (1,787) (2,537) (2,946) (2,645) (2,756) (2,717) (2,648) (2,578) (3,073) (3,566) (3,334)

Credit: Exports 2017p

11,617 3,872 3,556 4,189

2016 43,444 3,057 3,495 3,631 3,256 3,732 3,721 3,701 3,992 4,240 3,583 3,437 3,599

Debit: Imports 2017p

21,455 7,505 6,296 7,654

2016 77,524 6,550 5,282 6,167 6,202 6,377 6,477 6,417 6,640 6,818 6,656 7,004 6,932

Services 2017p

2,374 527 1,493 354

2016 7,125 542 1,127 327 416 487 678 598 615 600 684 395 656

Credit: Exports 2017p

8,336 2,561 3,085 2,690

2016 31,357 2,555 2,709 2,576 2,705 2,650 2,796 2,824 2,691 2,641 2,493 2,082 2,636

Debit: Imports 2017p

5,962 2,034 1,592 2,336

2016 24,233 2,014 1,583 2,249 2,289 2,163 2,118 2,225 2,076 2,041 1,809 1,687 1,980

Primary income 2017p

677 262 207 208

2016 2,594 226 386 30 268 170 258 182 232 122 332 294 96

Credit: Receipts 2017p

2,444 736 800 908

2016 9,545 760 770 857 805 768 798 767 810 846 770 733 859

Debit: Payments 2017p

1,765 474 592 699

2016 6,950 535 384 827 537 599 539 585 579 725 438 439 764

Continued

TABLE 4.10 Balance of Payment: 2016 and 2017 (In Million U.S. $)

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68

TABLE 4.10--Continued

Indicator Year Total January February March April May June July August September October November December

Secondary income 2017p

6,468 2,044 2,012 2,412

2016 24,962 1,803 1,958 2,147 2,001 2,042 2,169 1,994 2,136 2,227 1,965 2,134 2,385

Credit: Receipts 2017p

6,669 2,102 2,070 2,497

2016 25,660 1,862 2,005 2,222 2,074 2,099 2,217 2,041 2,216 2,282 2,008 2,175 2,459

Debit: Payments 2017p

200 57 58 85

2016 699 59 46 75 73 57 49 47 80 55 43 40 74

Capital account 2017p

9 - 7 2

2016 102 9 8 7 9 8 9 9 10 9 7 8 9

Credit: Receipts 2017p

43 11 12 20

2016 117 9 9 9 10 10 10 10 11 11 9 9 10

Debit: Payments 2017p

34 11 5 18

2016 15 - 1 2 1 2 1 1 1 1 2 1 1

Financial account 2017p

580 726 1,025 (1,171)

2016 949 598 274 83 153 (504) (559) 1,137 9 (297) (1,928) 1,377 604

Net acquisition of financial 2017p

1,300 1,504 (1,084) 880

assets 2016 7,063 (617) 1,314 989 289 374 1,615 71 1,193 181 (43) 1,413 283

Net incurrence of liabilities 2017p

721 778 (2,108) 2,051

2016 6,114 (1,216) 1,039 907 136 878 2,174 (1,067) 1,185 478 1,885 36 (322)

Direct investment 2017p

(1,143) (516) (336) (291)

2016 (4,235) (646) (267) (137) (982) (202) 215 (106) 22 (304) (557) (641) (631)

Net acquisition of financial 2017p

418 169 31 218

assets 2016 3,698 (41) 76 253 1,262 162 454 387 730 162 113 102 38

Net incurrence of liabilities 2017p

1,559 684 366 509

2016 7,933 605 342 390 2,244 364 238 493 708 466 670 744 669

Portfolio investment 2017p

3,204 1,273 1,168 763

2016 1,383 672 (163) 937 1,787 (1,311) 404 (723) (402) 491 (948) 304 335

Net acquisition of financial 2017p

564 525 99 (60)

assets 2016 1,119 (438) 356 570 447 (105) 905 (73) (144) 19 (603) 112 73

Net incurrence of liabilities 2017p

(2,642) (749) (1,070) (823)

2016 (263) (1,110) 519 (366) (1,340) 1,205 502 650 258 (472) 354 (193) (262)

Financial derivatives 2017p

(183) - (122) (61)

2016 (32) 27 (14) (16) 13 4 43 25 - (36) (37) (5) (36)

Continued

Money and Banking

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Money and Banking 69

TABLE 4.10--Continued

Indicator Year Total January February March April May June July August September October November December

Net acquisition of financial 2017p

(273) (28) (157) (88)

assets 2016 (701) (42) (56) (57) (110) (48) (53) (60) (46) (85) (58) (41) (46)

Net incurrence of labilities 2017p

(90) (27) (36) (27)

2016 (669) (69) (42) (41) (123) (52) (95) (85) (46) (49) (22) (35) (10)

Other investment 2017p

(1,301) (32) 313 (1,582)

2016 3,832 545 718 (701) (664) 1,005 (1,220) 1,942 387 (448) (387) 1,720 936

Net acquisition of financial 2017p

591 838 (1,056) 809

assets 2016 2,946 (97) 938 223 (1,310) 365 309 (183) 653 85 504 1,240 218

Net incurrence of labilities 2017p

1,893 870 (1,369) 2,392

2016 (886) (641) 221 924 (646) (640) 1,530 (2,125) 265 533 891 (480) (718)

NET UNCLASSIFIED ITEMS 2017p

(106) 1,517 (390) (1,233)

2016 (175) 698 (1,668) 962 590 (324) (499) 1,285 347 (559) (2,026) 441 579

OVERALL BOP POSITION 2017p

(995) (9) (436) (550)

2016 (421) (813) (251) 854 184 241 418 215 682 117 (183) (1,671) (214)

Debit: Change in reserve assets 2017p

(984) (5) (433) (546)

2016 (420) (810) (247) 858 188 245 400 218 686 121 (180) (1,668) (231)

Credit: Change in reserve 2017p

11 4 3 4

liabilities 2016 2 4 3 4 4 3 (18) 4 3 4 4 4 (17)

Memo Items:

Change in Net Foreign Assets 2017p

12 1,523 (473) (1,038)

(NFA) of deposit-taking 2016 1,470 326 907 643 (1,291) 604 (364) 815 (114) (239) (1,740) 1,991 (67)

corporations except the

Central Bank

Change in Commercial Banks 2017p

55 1,578 (470) (1,053)

2016 1,510 399 869 713 (1,329) 611 (362) 862 (111) (204) (1,822) 1,991 (106)

Change in Thrift Banks (TBs) 2017p

(18) (34) (2) 18

(NFA) 2016 (166) (81) 39 (97) 67 (28) (13) (10) (12) (46) 38 (43) 19

Change in Offshore Banking 2017p

(25) (22) (1) (2)

Units (OBUs) NFA 2016 126 8 - 28 (29) 21 11 (38) 9 10 44 43 20

Personal remittances 2017p

7,708 2,396 2,397 2,915

2016 29,706 2,208 2,320 2,606 2,443 2,416 2,575 2,355 2,559 2,626 2,326 2,448 2,823

Continued

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70

TABLE 4.10--Concluded

Indicator Year Total January February March April May June July August September October November December

of which: Of cash remittances 2017p

6,953 2,169 2,169 2,615

channeled tru the banking 2016 26,899 1,997 2,098 2,362 2,213 2,188 2,334 2,131 2,319 2,383 2,099 2,217 2,559

system

Note : Totals may not add up due to rounding.

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Total Loans 2017p

6,697,380 6,614,952 6,678,654 6,751,129 6,744,785

2016p

6,006,626 5,654,532 5,613,267 5,659,766 5,748,320 5,865,685 5,940,313 5,922,375 6,020,262 6,144,623 6,293,237 6,510,820 6,706,311

Expanded commercial banks 2017p

5,162,805 5,086,343 5,183,758 5,188,936 5,192,182

2016p

4,634,751 4,272,099 4,303,489 4,393,031 4,404,685 4,531,501 4,611,596 4,593,815 4,683,176 4,750,210 4,837,009 5,058,788 5,177,610

Non-expanded commercial 2017p

267,325 259,289 271,065 264,777 274,169

banks 2016p

233,347 206,704 204,735 217,915 218,756 219,480 230,360 235,432 240,746 247,343 253,736 260,927 264,026

Government 1 2017

p755,192 764,815 728,432 772,284 755,237

2016p

690,218 741,796 668,379 642,682 666,937 672,906 685,104 679,371 671,418 685,618 694,245 713,528 760,630

Foreign 2 2017

p512,059 504,505 495,399 525,133 523,198

2016p

448,311 433,933 436,664 406,138 457,942 441,799 413,253 413,757 424,922 461,452 508,247 477,577 504,045

Loan loss provisions 2017p

138,223 136,929 137,620 138,546 139,798

2016p

131,646 130,197 130,328 129,193 129,298 130,193 130,708 131,458 131,947 133,465 133,055 134,207 135,699

Expanded commercial banks 2017p

103,069 101,620 102,688 103,372 104,597

2016p

95,878 94,477 94,458 93,756 93,825 94,438 94,968 95,604 95,920 96,483 97,394 98,558 100,649

Non-expanded commercial 2017p

8,869 9,143 8,839 8,837 8,658

banks 2016p

8,617 7,910 8,052 8,148 8,140 8,235 8,318 8,382 8,568 9,449 9,531 9,632 9,043

Government 1 2017

p17,275 17,248 17,127 17,277 17,447

2016p

17,123 17,036 17,025 17,040 17,017 17,053 17,086 17,072 17,102 17,115 17,288 17,387 17,254

Foreign 2 2017

p9,010 8,918 8,966 9,060 9,095

2016p

10,028 10,774 10,793 10,249 10,316 10,467 10,336 10,399 10,357 10,418 8,842 8,630 8,753

1 Consists of Land Bank, DBP and Al-Amanah Islamic Bank

2 Consists of 13 foreign banks, excludes 3 foreign banks' subsidiaries

Source: Bangko Sentral ng Pilipinas

TABLE 11 Loans by Type of Commercial Banks: 2016 and 2017

Money and Banking

(Million Pesos)

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Money and Banking 71

Indicator Year Average January February March April May June July August September October November December

Broad money liabilities by 2017p

9,497,962 9,363,931 9,438,844 9,535,511 9,521,191r

9,630,331 8,923,632 9,066,174 9,497,935

composition (M3) (million P) 2016 8,759,504 8,340,423 8,381,153 8,542,003 9,521,191r

8,654,940 8,728,059 8,783,615 8,729,951 8,860,674 8,942,147 9,084,236 9,505,978

Currency outside depository 2017p

875,040 846,058 847,608 887,731 899,756r

894,045 813,570 823,803 921,162

corporations 2016 793,064 736,836 731,393 766,314 815,727 796,339 776,924 777,537 762,756 795,588 813,412 822,982 920,954

Transferable deposits 2017p

2,234,444 2,186,858 2,205,403 2,225,277 2,273,563r

2,281,121 2,082,740 2,117,751 2,148,448

2016 2,014,890 1,898,120 1,921,561 1,946,128 1,955,666 1,974,756 2,017,314 2,020,919 2,033,444 2,063,220 2,081,972 2,117,078 2,148,505

Savings deposits 2017p

4,072,269 4,050,846 4,091,511 4,084,216 4,044,453r

4,090,320 3,895,133 3,939,348 4,097,560

2016 3,822,227 3,613,664 3,661,937 3,702,853 3,707,193 3,780,355 3,824,244 3,873,006 3,858,530 3,898,487 3,900,749 3,944,885 4,100,820

Time deposits 2017p

1,962,447 1,918,942 1,932,488 1,992,413 1,953,260r

2,015,134 1,797,924 1,842,969 1,970,728

2016 1,798,826 1,773,023 1,751,668 1,803,746 1,760,422 1,781,305 1,794,109 1,789,040 1,752,647 1,768,420 1,798,063 1,843,301 1,970,167

Securities other than shares 2017p

353,761 361,227 361,835 345,874 350,159r

349,712 334,265 342,303 360,037

included in broad money 2016 330,497 318,780 314,595 322,962 321,856 322,185 315,467 323,114 322,574 334,959 347,951 355,990 365,532

Broad money liabilities by 2017p

9,497,962 9,363,931 9,438,844 9,535,511 9,521,191r

9,630,331 8,923,632 9,066,174 9,497,935

origin (M3) (million P) 2016 8,759,504 8,340,423 8,381,153 8,542,003 8,560,865 8,654,940 8,728,059 8,783,615 8,729,951 8,860,674 8,942,147 9,084,236 9,505,978

Net foreign assets 2017p

4,395,802 4,422,765 4,458,098 4,377,811 4,351,983r

4,368,351 4,331,224 4,352,299 4,308,975

2016 4,262,661 4,068,607 4,159,453 4,100,297 4,200,322 4,177,123 4,297,449 4,355,617 4,314,516 4,493,666 4,327,235 4,348,624 4,309,018

BSP 2017p

4,006,852 3,979,018 4,022,430 3,992,282 4,022,248r

4,018,282 4,060,579 3,984,450 3,946,439

2016 3,933,539 3,809,006 3,856,282 3,778,462 3,887,068 3,835,555 3,970,400 3,988,518 3,955,469 4,136,410 4,057,192 3,981,480 3,946,631

Other depository 2017p

388,950 443,747 435,668 385,529 329,735r

350,069 270,645 367,849 362,536

corporations 2016 329,121 259,601 303,171 321,835 313,254 341,568 327,049 367,099 359,047 357,256 270,043 367,144 362,387

Domestic claims 2017p

9,299,981 9,130,451 9,242,576 9,397,845 9,295,332r

9,433,700 8,702,303 8,862,678 9,193,613

2016 8,410,059 7,880,344 7,976,187 8,075,868 8,169,873 8,255,097 8,332,150 8,394,012 8,407,523 8,608,369 8,728,416 8,892,981 9,199,882

Net claims on Central 2017p

1,583,521 1,579,322 1,614,463 1,663,569 1,514,235r

1,546,017 1,481,761 1,498,262 1,607,496

government 2016 1,448,559 1,324,977 1,380,166 1,447,117 1,451,830 1,419,652 1,414,651 1,460,595 1,403,570 1,490,517 1,483,761 1,502,829 1,603,047

Claims on other sectors 2017p

7,716,460 7,551,129 7,628,114 7,734,275 7,781,097r

7,887,683 7,220,542 7,364,416 7,586,117

2016 6,961,499 6,555,367 6,596,022 6,628,751 6,718,043 6,835,445 6,917,499 6,933,416 7,003,953 7,117,852 7,244,655 7,390,152 7,596,834

Transferable and other 2017p

1,734,172 1,708,223 1,730,030 1,743,458 1,729,250r

1,759,898 1,605,315 1,697,442 1,708,581

deposits in foreign 2016 1,564,254 1,520,241 1,531,134 1,489,787 1,517,387 1,518,088 1,526,660 1,520,933 1,536,978 1,598,574 1,605,328 1,697,350 1,708,583

currency

(FCDs-residents)

Liabilities excluded from 2017p

2,463,649 2,481,061 2,531,801 2,496,687 2,396,873r

2,411,822 2,504,580 2,451,361 2,296,073

broad money 2016 2,348,962 2,088,286 2,223,354 2,144,375 2,291,943 2,259,192 2,374,881 2,445,081 2,455,111 2,642,787 2,508,176 2,460,019 2,294,339

Source: Bangko Sentral ng Pilipinas

TABLE 4.12 Broad Money Liabilities: 2016 and 2017 (Million Pesos)

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72

Indicator Year Average January February March April May June July August September October November December

BSP rates

Buying rate 2017 49.9 49.6 50.0 50.0 50.0 49.6 50.3

2016 46.6 47.2 47.3 45.8 40.9 46.5 45.0 45.4 46.2 48.1 48.2 49.5 49.6

Selling rate 2017 50.4 50.1 50.5 50.5 50.1 50.1 50.8

2016 47.1 47.7 47.8 46.3 41.4 47.0 45.5 45.9 46.7 48.6 48.7 50.0 50.1

PDS reference rate 2017 50.1 49.8 50.3 50.2 49.8 49.8 50.6

2016 47.5 47.5 47.6 46.7 46.3 46.8 46.5 47.1 46.7 47.4 48.4 49.2 49.8

Source: Bangko Sentral ng Pilipinas

Indicator Year Average January February March April May June July August September October November December

Nominal 2017 14.47 14.69 14.49 14.37 14.41 14.38

2016 15.01 15.41 15.18 15.31 15.24 15.16 15.21 14.98 14.95 14.75 14.60 14.62 14.73

Real 2017 87.87 90.34 88.06 86.82 87.23r

86.91

2016 88.85 93.82 90.50 90.58 90.46 90.03 90.41 88.20 87.57 86.30 85.50 86.11 86.66

Source: Bangko Sentral ng Pilipinas

TABLE 4.14 Effective Exchange Rate Indices of the Peso: 2016 and 2017 (1980=100)

Money and Banking

TABLE 4.13 Guiding Rate Average: 2016 and 2017 (Peso per US$)

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CHAPTER V Investments

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Investments 75

Indicator Year Total January February March April May June July August September October November December

Philippine Stock Exchange 2017 37,251.6 7,229.7 7,212.1 7,311.7 7,661.0 7,837.1

Index (PSEi) 2016 87,384.9 6,687.6 6,671.0 7,262.3 7,159.3 7,401.6 7,796.3 7,963.1 7,787.4 7,629.7 7,404.8 6,781.2 6,840.6

(End of Period)

Source: Bangko Sentral ng Pilipinas

Indicator Year Total January February March April May June July August September October November December

Volume traded 2017 212,376.3 44,566.4 53,824.9 42,163.8 26,365.0 45,456.2

2016 442,270.7 22,778.4 45,305.2 29,541.8 33,551.1 56,035.3 45,441.3 50,268.4 33,768.0 33,980.6 32,053.9 36,441.2 23,105.7

Financial 2017 2,828.4 667.6 492.8 334.5 698.6 634.9p

Industrial 15,256.9 1,899.0 3,827.8 3,877.1 1,873.6 3,779.5p

Holding firms 39,809.0 7,327.7 16,948.2 5,649.8 4,667.9 5,215.3p

Property 39,795.1 6,949.5 8,777.4 6,386.1 8,529.2 9,152.9p

Services 43,810.7 9,423.7 8,588.0 11,609.0 6,568.9 7,621.0p

Mining and oil 70,465.8 18,249.4 15,097.5 14,201.7 3,976.3 18,940.9p

Stock Market Exchange 409.4 49.2 93.1 105.3 50.1 111.7p

Exchange Traded Fund 1

1.2 0.3 0.1 0.3 0.4 0.2p

Financial 2016 5,109.0 239.0 199.4 302.8 350.1 375.8 286.5 383.4 494.2 1,028.4 639.1 487.3 323.1

Industrial 29,029.5 1,470.9 2,325.4 2,357.2 2,755.6 1,857.4 1,796.6 4,139.5 3,712.2 3,269.9 1,675.6 1,717.6 1,951.7

Holding firms 37,014.4 2,037.6 3,031.3 3,531.5 3,129.0 5,848.0 2,606.9 2,722.8 3,963.9 2,394.0 2,838.2 2,367.7 2,543.5

Property 55,205.3 3,436.1 3,329.0 3,680.5 3,572.2 4,313.0 3,885.3 5,453.5 5,338.4 9,223.1 4,832.3 4,523.7 3,618.3

Services 86,585.7 4,393.3 5,030.0 7,614.8 8,328.9 4,036.0 5,510.7 12,208.2 7,872.4 11,058.1 7,113.2 5,119.9 8,300.3

Mining and oil 227,142.4 11,092.2 31,373.2 11,955.7 15,168.8 39,339.7 31,184.7 24,908.8 12,226.7 6,910.3 14,609.2 22,087.1 6,286.1

Stock Market Exchange 2,178.2 108.6 16.4 97.5 246.5 265.0 170.2 452.0 160.1 96.4 346.0 137.3 82.4

Exchange Traded Fund 5.9 0.6 0.7 1.7 0.1 0.5 0.5 0.2 0.2 0.5 0.3 0.4 0.3

1/ Starting 2 December 2013, trading of an Exchange Traded Fund commenced. ETF is an open-end investment company that trades its shares in the stock exchange. An ETF company issues its shares in blocks called “Creation Units” in exchange

for a basket of securities comprising the index it wishes to track. Creation is normally done by institutional investors, who break down the block into smaller portions and sell to retail investors in the Exchange.

Note : Totals may not add up due to rounding.

Source: Bangko Sentral ng Pilipinas

TABLE 5.1 Shares and Stocks: 2016 and 2017

TABLE 5.2 Volume Traded: 2016 and 2017 (In Million Shares)

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76

Indicator Year Total January February March April May June July August September October November December

Value of shares traded 2017 782,588.4 128,708.4 131,392.1 176,064.9 146,301.6 200,121.4

2016 1,929,499.2 115,914.2 127,144.2 164,008.0 133,446.6 217,522.5 173,699.7 190,996.8 206,186.4 179,145.8 144,248.8 149,150.4 128,035.8

Financial 2017 140,844.0 18,307.6 19,616.1 24,390.3 46,604.3 31,925.7p

Industrial 164,353.5 27,257.7 28,796.5 39,434.8 21,918.7 46,945.8p

Holding firms 182,349.7 31,119.4 29,695.8 46,968.3 30,932.3 43,633.9p

Property 126,331.2 22,588.3 23,833.4 27,421.1 17,930.7 34,557.7p

Services 137,384.0 22,460.9 21,947.2 32,483.2 25,282.7 35,209.9p

Mining and oil 27,800.8 6,549.3 6,762.9 4,392.0 3,126.3 6,970.3p

Stock Market Exchange 3,375.3 392.4 724.2 945.3 458.8 854.6p

Exchange Traded Fund 1

149.9 32.7 15.9 30.0 47.8 23.5p

Financial 2016 275,527.6 16,815.4 14,348.5 19,880.5 19,283.9 36,686.5 25,425.2 21,648.4 28,353.5 28,794.6 23,474.7 23,797.0 17,019.5

Industrial 401,978.7 24,105.0 33,584.4 33,001.4 28,552.4 31,511.5 28,032.6 46,853.3 46,756.4 36,868.8 26,585.8 31,448.9 34,678.1

Holding firms 491,273.5 27,575.3 28,942.8 41,639.9 28,629.7 71,311.9 41,898.3 42,515.9 57,618.5 45,121.7 35,359.1 37,889.2 32,771.1

Property 347,679.4 25,790.5 20,695.9 28,189.6 20,639.0 37,747.9 35,413.9 39,321.2 29,418.7 34,806.3 27,475.9 26,135.2 22,045.3

Services 330,139.4 19,155.5 20,353.9 34,991.4 28,151.3 31,900.5 34,725.6 31,001.0 37,256.9 28,335.5 23,805.3 23,654.3 16,808.3

Mining and oil 65,175.4 1,882.8 8,989.3 4,865.5 4,163.3 6,209.5 6,773.7 6,561.8 5,609.9 4,497.4 6,102.4 5,363.9 4,156.0

Stock Market Exchange 17,033.0 527.2 158.3 1,242.4 4,016.7 2,097.5 1,374.0 3,064.9 1,145.8 657.9 1,406.5 819.2 522.8

Exchange Traded Fund 692.2 62.6 71.2 197.3 10.5 57.2 56.4 30.4 26.6 63.7 39.2 42.7 34.6

1/ Starting 2 December 2013, trading of an Exchange Traded Fund (ETF) commenced. ETF is an open-end investment company that trades its shares in the stock exchange. An ETF company issues its shares in blocks called “Creation Units” in exchange

for a basket of securities comprising the index it wishes to track. Creation is normally done by institutional investors, who break down the block into smaller portions and sell to retail investors in the Exchange.

Note : Totals may not add up due to rounding.

Source: Bangko Sentral ng Pilipinas

TABLE 5.3 Value of Shares Traded: 2016 and 2017 (In Million Pesos)

Investments

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CHAPTER VI Government Finance

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Government Finance 79

Indicator Year Total January February March April May June July August September October November December

Total 2017 31,228,271 6,115,380 6,208,037 6,189,606 6,370,154 6,345,094

2016 71,771,167 5,900,181 5,940,811 5,899,117 5,883,661 5,885,593 5,947,999 5,982,484 5,980,028 6,086,679 6,069,318 6,105,034 6,090,262

Domestic 2017 20,203,338 3,953,159 3,985,091 3,967,737 4,160,059 4,137,292

2016 46,346,551 3,824,109 3,850,144 3,841,264 3,769,307 3,797,243 3,828,496 3,856,658 3,883,701 3,904,453 3,917,821 3,939,258 3,934,097

External 2017 11,024,933 2,162,221 2,222,946 2,221,869 2,210,095 2,207,802

2016 25,424,616 2,076,072 2,090,667 2,057,853 2,114,354 2,088,350 2,119,503 2,125,826 2,096,327 2,182,226 2,151,497 2,165,776 2,156,165

Source: Bureau of the Treasury

Indicator Year Total January February March April May June July August September October November December

Total 2017 225,480 90,006 28,595 46,951 32,305 27,623

2016 536,657 68,532 25,215 81,653 45,211 48,908 23,210 61,054 46,763 39,990 42,243 28,956 24,922

Interest payments 2017 132,304 42,353 24,230 31,272 13,483 20,966

2016 304,454 45,594 21,280 35,749 14,765 18,658 17,666 40,020 23,442 32,602 16,054 19,551 19,073

Principal payments 2017 93,176 47,653 4,365 15,679 18,822 6,657

2016 232,203 22,938 3,935 45,904 30,446 30,250 5,544 21,034 23,321 7,388 26,189 9,405 5,849

Domestic 2017 87,777 21,495 16,270 22,473 8,415 19,124

2016 317,872 23,301 16,162 40,168 36,369 40,377 13,938 38,602 35,689 26,217 11,662 20,508 14,879

Interest payments 2017 86,621 21,322 16,096 22,294 8,163 18,746

2016 205,426 23,291 16,162 25,164 8,761 16,770 13,733 19,493 16,331 24,060 9,528 17,456 14,677

Principal payments 2017 1,156 173 174 179 252 378

2016 112,446 10 0 15,004 27,608 23,607 205 19,109 19,358 2,157 2,134 3,052 202

External 2017 93,208 48,620 12,499 14,206 9,142 8,741

2016 218,785 45,231 9,053 41,485 8,842 8,531 9,272 22,452 11,074 13,773 30,581 8,448 10,043

Interest payments 2017 45,683 21,031 8,134 8,978 5,320 2,220

2016 99,028 22,303 5,118 10,585 6,004 1,888 3,933 20,527 7,111 8,542 6,526 2,095 4,396

Principal payments 2017 47,525 27,589 4,365 5,228 3,822 6,521

2016 119,757 22,928 3,935 30,900 2,838 6,643 5,339 1,925 3,963 5,231 24,055 6,353 5,647

Source: Bureau of the Treasury

TABLE 6.1 National Government Outstanding Debt: 2016 and 2017

TABLE 6.2 National Government Debt Service: 2016 and 2017

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80

Indicator Year Total January February March April May June July August September October November December

Revenues 2017 996,516 200,314 151,838 180,237 235,876 228,251

2016 2,195,914 182,226 138,952 157,800 246,633 199,759 175,585 170,250 209,569 165,960 174,642 209,212 165,326

Tax Revenues 2017 900,832 184,640 138,966 156,383 219,882 200,961

2016 1,980,390 161,896 123,936 139,503 211,765 185,077 160,759 149,963 191,975 147,772 157,378 197,758 152,608

Bureau of Internal 2017 716,768 147,393 105,862 117,149 187,670 158,694

Revenue 2016 1,567,214 129,652 94,837 105,683 177,656 151,575 124,018 117,448 157,468 112,996 121,893 156,772 117,216

Bureau of Customs 2017 174,864 35,943 30,854 37,333 31,142 39,592

2016 396,365 31,083 27,035 32,383 32,712 32,070 35,268 30,987 33,069 33,326 33,365 40,227 34,840

Other offices 2017 9,200 1,304 2,250 1,901 1,070 2,675

2016 16,811 1,161 2,064 1,437 1,397 1,432 1,473 1,528 1,438 1,450 2,120 759 552

Non-tax revenues 2017 95,657 15,672 12,866 23,852 15,983 27,284

2016 215,446 20,325 15,004 18,294 34,866 14,677 14,825 20,275 17,594 18,188 17,251 11,447 12,700

Grants 2017 27 2 6 2 11 6

2016 78 5 12 3 2 5 1 12 0 0 13 7 18

Expenditures 2017 1,060,113 198,092 175,562 241,708 183,079 261,672

2016 2,549,336 185,700 173,578 232,188 191,611 217,415 220,779 220,917 176,962 241,287 176,987 228,357 283,555

Allotment to LGUs 2017 218,090 40,783 40,731 40,774 49,647 46,155

2016 449,776 40,501 42,204 39,020 35,849 35,725 36,877 35,801 36,290 35,977 38,987 36,177 36,368

Interest Payments 2017 132,304 42,353 24,230 31,272 13,483 20,966

2016 304,454 45,594 21,280 35,749 14,765 18,658 17,666 40,020 23,442 32,602 16,054 19,551 19,073

Tax Expenditures 2017 1,288 7 69 81 744 387

2016 12,198 28 28 18 891 296 2,277 104 410 357 224 5,251 2,314

Subsidy 2017 25,913 1,266 9,993 8,407 2,150 4,097

2016 103,190 1,697 2,658 3,889 4,825 7,478 16,050 35,258 7,402 3,119 1,514 14,234 5,066

Equity 2017 54 0 0 0 48 6

2016 11,681 3,029 6 5,138 199 17 60 0 7 41 11 16 3,157

Net lending 2017 (1,460) (278) (823) (634) 115 160

2016 15,298 31 706 2,767 215 152 220 32 (1,148) 741 763 172 10,647

Others 2017 683,924 113,961 101,362 161,808 116,892 189,901

2016 1,652,739 94,820 106,696 145,607 134,867 155,089 147,629 109,702 110,559 168,450 119,434 152,956 206,930

Continued

Government Finance

TABLE 6.3 National Government Cash Operations: 2016 and 2017

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Government Finance 81

TABLE 6.3--Concluded

Indicator Year Total January February March April May June July August September October November December

Surplus 2017 (63,597) 2,222 (23,724) (61,471) 52,797 (33,421)

2016 (353,422) (3,474) (34,626) (74,388) 55,022 (17,656) (45,194) (50,667) 32,607 (75,327) (2,345) (19,145) (118,229)

Financing 2017 301,651 (8,526) 69,888 26,084 187,652 26,553

2016 220,938 19,124 22,973 44,169 (2,409) (211) 27,642 8,808 5,331 94,970 (9,268) 14,796 (4,987)

External (Net) 2017 29,719 (7,552) 38,226 (895) 1,279 (1,339)

2016 (24,113) (12,636) (3,154) 30,418 559 (4,457) (3,518) (138) (2,509) (2,917) (20,466) (5,552) 257

Domestic (Net) 2017 271,932 (974) 31,662 26,979 186,373 27,892

2016 245,051 31,760 26,127 13,751 (2,968) 4,246 31,160 8,946 7,840 97,887 11,198 20,348 (5,244)

Change-In-Cash 2017 217,496 30,320 49,268 (29,130) 217,436 (50,398)

2016 (257,654) (68,115) (13,090) (35,131) (3,428) 5,118 (10,872) (11,356) 65,448 (69,780) (9,827) (1,274) (105,347)

Budgetary 2017 238,054 (6,304) 46,164 (35,387) 240,449 (6,868)

2016 (132,484) 15,650 (11,653) (30,219) 52,613 (17,867) (17,552) (41,859) 37,938 19,643 (11,613) (4,349) (123,216)

Non-Budgetary 2017 (20,558) 36,624 3,104 6,257 (23,013) (43,530)

2016 (125,170) (83,765) (1,437) (4,912) (56,041) 22,985 6,680 30,503 27,510 (89,423) 1,786 3,075 17,869

Note: Details may not add up to totals due to rounding.

Source: Bureau of the Treasury

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CHAPTER VII Labor

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Indicator Year Total January February March April May June July August September October November December

Total 2017 9,035,764 2,168,689 2,169,241 2,615,216 2,082,618

2016 26,899,840 1,997,251 2,097,907 2,361,757 2,213,238 2,188,362 2,333,960 2,130,866 2,318,977 2,383,073 2,098,802 2,216,885 2,558,764

Land-based 2017 7,155,803 1,758,438 1,708,424 2,087,852 1,601,089

2016 21,327,692 1,549,785 1,628,585 1,851,519 1,733,192 1,739,865 1,867,061 1,693,718 1,839,336 1,916,812 1,658,573 1,793,582 2,055,663

Sea-based 2017 1,879,961 410,251 460,817 527,364 481,529

2016 5,572,148 447,466 469,322 510,238 480,045 448,496 466,899 437,148 479,641 466,261 440,229 423,303 503,100

Asia 2017 1,681,752 415,790 420,412 461,229 384,321

2016 4,913,365 362,006 437,350 399,042 401,018 406,639 431,312 396,780 434,341 427,263 379,024 388,083 450,505

Land-based 2017 1,301,393 329,159 330,142 353,713 288,379

2016 3,851,780 276,226 336,270 298,572 315,744 318,277 338,310 310,943 341,960 342,990 297,125 317,149 358,215

Sea-based 2017 380,360 86,631 90,271 107,516 95,942

2016 1,061,584 85,781 101,081 100,470 85,274 88,362 93,002 85,837 92,381 84,274 81,899 70,934 92,291

Americas 2017 3,319,019 769,739 784,115 961,013 804,152

2016 9,732,710 726,084 729,980 820,384 792,695 792,242 834,647 777,079 853,019 871,053 788,246 806,303 940,977

Land-based 2017 2,446,893 582,354 565,483 714,896 584,160

2016 7,148,030 513,858 522,780 597,188 574,490 592,561 624,071 580,891 629,565 640,979 574,527 592,239 704,882

Sea-based 2017 872,127 187,385 218,632 246,117 219,993

2016 2,584,680 212,226 207,200 223,196 218,206 199,681 210,575 196,189 223,455 230,074 213,719 214,064 236,095

Oceania 2017 244,031 70,068 66,201 67,844 39,918

2016 802,631 56,388 61,749 70,697 63,482 59,354 67,318 72,386 79,237 70,684 61,566 64,341 75,429

Land-based 2017 227,827 66,656 61,590 63,227 36,354

2016 769,374 54,306 59,130 66,868 60,593 56,931 64,750 70,404 76,500 68,149 58,413 61,996 71,333

Sea-based 2017 16,204 3,413 4,611 4,617 3,563

2016 33,257 2,082 2,619 3,829 2,889 2,423 2,569 1,982 2,737 2,535 3,153 2,344 4,096

Europe 2017 1,244,563 294,965 293,987 349,038 306,573

2016 3,801,658 295,413 316,022 344,570 326,929 310,246 313,208 296,858 312,467 321,837 294,728 302,461 366,919

Land-based 2017 665,036 169,540 153,430 189,257 152,809

2016 1,994,434 156,771 163,199 170,631 160,758 159,996 159,868 150,431 157,913 179,779 159,616 171,620 203,853

Sea-based 2017 579,529 125,425 140,557 159,782 153,765

2016 1,807,224 138,642 152,822 173,939 166,171 150,250 153,340 146,427 154,554 142,057 135,112 130,842 163,067

Middle East 2017 2,511,680 610,346 596,960 765,731 538,643

2016 7,552,569 549,220 545,978 717,732 621,129 610,635 679,284 580,763 631,953 683,941 567,492 649,138 715,304

Continued

Labor

TABLE 7.1 Remittances of Overseas Filipino Workers by Country of Origin and Type of Worker : 2016 and 2017 (In Thousand US $)

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TABLE 7.1--Concluded

Indicator Year Total January February March April May June July August September October November December

Land-based 2017 2,497,639 606,770 593,982 761,539 535,348

2016 7,513,600 545,734 543,537 713,548 617,698 607,913 675,486 577,720 628,608 680,615 564,435 646,407 711,899

Sea-based 2017 14,042 3,576 2,978 4,193 3,295

2016 38,969 3,486 2,441 4,185 3,430 2,722 3,798 3,043 3,345 3,326 3,057 2,731 3,404

Africa 2017 34,718 7,782 7,566 10,360 9,010

2016 96,907 8,139 6,828 9,332 7,984 9,245 8,192 7,000 7,960 8,295 7,746 6,558 9,629

Land-based 2017 17,017 3,961 3,798 5,220 4,038

2016 50,473 2,889 3,669 4,713 3,909 4,187 4,576 3,330 4,791 4,299 4,457 4,171 5,482

Sea-based 2017 17,701 3,821 3,768 5,140 4,972

2016 46,434 5,249 3,159 4,619 4,075 5,058 3,615 3,670 3,169 3,995 3,289 2,387 4,148

Others 2017 0 0 0 0 0

2016 0 0 0 0 0

Land-based 2017 0 0 0 0

2016 0 0 0 0

Sea-based 2017 0 0 0 0

2016 0 0 0 0

Note: Details may not add up to totals due to rounding.

Source: Bangko Sentral ng Pilipinas

Labor

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Indicator Year Total January February March April May June July August September October November December

Strike notices

Cases pending, beginning 2017 145 37 34 35 39

2016 494 38 38 38 48 39 37 38 46 43 42 40 47

New notices of strike/lockout 2017 49 16 12 15 6

filed 2016 175 11 14 16 12 11 16 20 15 14 17 22 7

Cases handled 2017 194 53 46 50 45

2016 669 49 52 54 60 50 53 58 61 57 59 62 54

Cases disposed 2017 50 19 11 11 9

2016 176 11 14 6 21 13 15 12 18 15 19 15 17

Settled 2017 47 19 10 10 8

2016 158 11 14 6 20 11 14 11 16 15 17 12 11

Assumed jurisdiction 2017 0 0 0 0 0

2016 2 0 0 0 0 0 0 0 0 0 0 0 2

Certified for compulsary 2017 0 0 0 0 0

arbitration 2016 2 0 0 0 1 0 0 0 0 0 0 0 1

Treated as Preventive 2017 0 0 0 0 0

Mediation Case 2016 5 0 0 0 0 0 0 0 1 1 2 0 1

Materialized into actual 2017 3 0 1 1 1

strike/lockout 2016 12 0 0 0 0 2 1 1 2 0 2 3 1

Subsumed/Consolidated to 2017 0 0 0 0 0

AJ/CCA 2016 1 0 0 0 0 0 0 0 0 0 0 0 1

Others 2017 0 0 0 0 0

2016 1 0 0 0 0 0 0 0 0 0 0 0 1

Pending, end of period 2017 144 34 35 39 36

2016 493 38 38 48 39 37 38 46 43 42 40 47 37

Workers involved in notices of 2017 8,190 2,199 2,174 1,180 2,637

strikes/lockouts filed during 2016 33,384 1,398 1,432 2,753 1,468 2,478 2,102 8,296 1,813 1,541 3,742 5,092 1,269

the period

Continued

TABLE 7.2 Strike Notices and Actual Strikes: 2016 and 2017

Labor

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TABLE 7.2--Concluded

Indicator Year Total January February March April May June July August September October November December

Actual strikes

Cases pending, beginning 2017 24 6 4 4 5 5

2016 29 0 0 0 0 0 2 3 3 4 4 5 8

New strikes declared 2017 4 0 1 1 2 0

2016 15 0 0 0 0 2 1 2 2 1 2 3 2

Cases handled 2017 28 6 5 5 7 5

2016 44 0 0 0 0 2 3 5 5 5 6 8 10

Work normalized 2017 5 2 1 0 2 0

2016 9 0 0 0 0 0 0 2 1 1 1 0 4

Settled 2017 4 1 1 0 2 0

2016 8 0 0 0 0 0 0 2 1 1 1 0 3

Assumed jurisdiction by 2017 0 0 0 0 0 0

the Secretary 2016 0 0 0 0 0 0 0 0 0 0 0 0 0

Certified for compulsary 2017 0 0 0 0 0 0

arbitration 2016 0 0 0 0 0 0 0 0 0 0 0 0 0

Others 2017 1 1 0 0 0 0

2016 1 0 0 0 0 0 0 0 0 0 0 0 1

Workers involved 2017 658 0 214 138 306 0

2016 3,106 0 0 0 0 433 217 146 92 45 184 134 1,855

Pending at the end of the period 2017 23 4 4 5 5 5

2016 35 0 0 0 0 2 3 3 4 4 5 8 6

Mandays lost from on-going 2017 174,162 121,748 18,554 16,668 17,192 0

strikes 2016 116,637 0 0 0 0 82,884 1,519 14,146 844 675 11,136 3,578 1,855

Source: National Conciliation and Mediation Board

Labor

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CHAPTER VIII Tourism and Transportation

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Indicator Year Total January February March April May June July August September October November December

Total 2017 2,349,980 631,639 579,178 574,065 565,098

2016 5,967,005 542,258 549,725 510,270 471,598 445,449 459,138 560,872 502,739 422,943 443,025 482,350 576,638

ASEAN 2017 158,926 35,400 37,980 41,943 43,603

2016 461,698 37,187 40,498 41,232 42,442 40,196 41,480 38,148 35,223 34,346 34,327 39,370 37,249

East Asia 2017 1,211,783 324,523 312,240 303,692 271,328

2016 3,040,860 261,919 304,052 232,954 221,509 209,175 236,466 304,474 302,812 241,681 223,269 244,274 258,275

South Asia 2017 43,474 13,553 9,132 9,749 11,040

2016 111,167 10,684 7,565 8,869 9,255 8,943 9,461 11,046 8,169 8,330 8,759 11,232 8,854

Middle East 2017 29,986 7,802 6,573 7,526 8,085

2016 91,501 6,919 6,100 7,535 7,641 7,308 3,927 13,447 11,030 8,381 6,243 7,783 5,187

North America 2017 427,609 124,153 99,788 95,937 107,731

2016 1,048,018 105,899 87,178 92,182 87,954 87,923 85,880 87,736 65,402 61,649 81,340 83,179 121,696

South America 2017 5,123 1,549 1,159 1,169 1,246

2016 9,172 1,032 905 859 716 673 635 552 502 631 801 925 941

Western Europe 2017 106,541 26,613 27,667 26,599 25,662

2016 231,804 23,340 25,603 25,119 20,281 16,340 11,739 19,540 14,427 11,626 17,267 19,231 27,291

Northern Europe 2017 106,711 26,955 25,775 24,598 29,383

2016 261,891 25,614 22,541 30,202 19,714 18,299 17,970 25,229 17,624 13,120 18,777 20,713 32,088

Southern Europe 2017 27,828 7,640 6,626 6,279 7,283

2016 63,524 6,139 5,415 5,356 4,533 3,722 3,553 5,913 6,696 3,410 4,853 6,265 7,669

Eastern Europe 2017 25,910 7,664 7,139 6,553 4,554

2016 47,445 6,908 5,493 4,016 3,501 2,825 2,057 2,192 2,175 2,273 4,072 6,220 5,713

Eastern Mediterranean 2017 10,878 2,974 2,717 2,571 2,616

Europe 2016 24,609 2,574 2,672 2,333 2,281 1,647 1,143 1,612 1,417 2,226 2,656 1,960 2,088

Australasia/Pacific 2017 115,661 34,030 24,986 23,808 32,837

2016 321,061 30,340 22,688 28,920 26,906 26,209 25,055 26,570 20,789 22,697 25,332 25,205 40,350

Africa 2017 2,597 742 523 568 764

2016 6,606 598 440 664 565 548 526 570 500 453 462 492 788

Others and not specified 2017 24,858 6,523 7,056 5,914 5,365

residences 2016 57,226 6,679 6,044 5,651 5,098 4,126 4,151 4,269 3,424 3,379 3,999 5,409 4,997

Continued

Tourism and Transportation

TABLE 8.1 Visitor Arrivals by Country of Residence: 2016 and 2017

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TABLE 8.1--Concluded

Indicator Year Total January February March April May June July August September October November December

Overseas Filipinos 2017 52,095 11,518 9,817 17,159 13,601

2016 190,423 16,426 12,531 24,378 19,202 17,515 15,095 19,574 12,549 8,741 10,868 10,092 23,452

Source: Department of Tourism

Indicator Year Average January February March April May June July August September October November December

Blue Line

Passenger traffic 2016 5.53 5.77 5.67 5.21 4.31 4.90 5.18 5.60 5.85 6.07 6.06 5.88 5.87

(In million passengers)

Load factor 2016 57.12 59.76 59.18 56.78 42.61 46.85 49.15 56.23 57.79 59.15 65.73 68.41 63.74

(In percent)

Gross revenue collection 2016 108.98 113.70 111.56 101.48 97.84 97.07 101.09 109.11 113.70 117.65 117.14 104.59 122.83

(In million pesos)

Source : Light Rail Transit Authority

Indicator Year Average January February March April May June July August September October November December

Number of passengers 2017 12 12 12 13

(In million passengers) 2016 11 10 10 10 10 11 11 12 12 12 12 12 13

Revenue 2017 246 248 233 257

(In million pesos) 2016 223 195 200 195 210 213 216 233 243 237 243 244 251

Source : Metrostar Express

Tourism and Transportation

TABLE 8.2 Light Rail Transit: Philippines, 2016

TABLE 8.3 Metro Rail Transit: Philippines, 2016 and 2017

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Indicator Year Total January February March April May June July August September October November December

Aircraft movement

Total 2016 804,072 62,960 73,299 68,745 70,702 72,251 65,854 67,526 63,983 62,957 66,248 65,112 64,435

National Capital Region 2016 - … … … … … … … … … … … …

Cordillera Administrative 2016 1,034 104 24 132 140 164 38 44 12 44 132 94 106

Region

I - Ilocos Region 2016 54,396 2,996 4,432 4,838 4,174 5,234 4,830 4,732 3,276 4,546 5,254 6,236 3,848

II - Cagayan Valley 2016 13,120 892 912 998 1,234 1,374 1,112 1,266 896 918 1,127 1,195 1,192

III - Central Luzon 2016 383,902 31,552 31,132 32,806 33,255 34,038 31,794 31,517 29,974 31,135 32,027 32,171 32,501

IV-A - CALABARZON 2016 44,442 3,515 3,687 3,492 3,780 4,382 3,726 3,357 3,331 2,402 3,862 4,687 4,221

and IV-B - MIMAROPA

V - Bicol Region 2016 10,733 831 882 918 1,040 1,028 838 838 775 741 816 925 1,101

VI - Western Visayas 2016 78,833 6,722 6,090 6,831 6,982 6,795 6,126 6,784 6,286 6,001 6,164 6,978 7,074

VII - Central Visayas 2016 15,245 1,428 1,280 1,400 1,352 1,380 1,300 1,204 1,420 1,271 1,233 728 1,249

VIII - Eastern Visayas 2016 118,345 7,724 17,932 9,602 11,330 9,926 9,250 11,264 10,976 9,336 9,208 5,617 6,180

IX - Zamboanga Peninsula 2016 14,880 1,578 1,600 1,554 1,176 1,306 1,063 1,053 1,124 1,210 1,018 1,062 1,136

X - Northern Mindanao 2016 16,370 1,482 1,290 1,406 1,364 1,456 1,378 1,364 1,358 1,288 1,322 1,272 1,390

XI - Davao Region 2016 41,449 3,240 3,212 3,814 3,820 4,122 3,549 3,225 3,589 3,181 3,137 3,175 3,385

XII - SOCCSKSARGEN 2016 2,270 190 182 210 196 216 186 170 170 182 198 186 184

Continued

Tourism and Transportation

TABLE 8.4 Domestic Air Transport by Region: 2016

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TABLE 8.4--Continued

Indicator Year Total January February March April May June July August September October November December

XIII - Caraga 2016 9,057 706 644 744 859 830 664 708 796 702 750 786 868

Autonomous Region 2016 - … … … … … … … … … … … …

in Muslim Mindanao

Passenger movement

Total 2016 62,115,054 5,421,300 4,970,612 5,246,039 5,645,991 5,741,462 5,217,682 5,073,674 4,920,911 4,486,273 4,857,082 5,003,106 5,530,922

National Capital Region 2016 39,694,695 3,479,248 3,176,331 3,377,411 3,610,544 3,644,235 3,314,170 3,260,925 3,132,304 2,859,669 3,088,038 3,179,053 3,572,767

Cordillera Administrative 2016 1,859 52 173 206 274 283 67 186 9 93 106 164 246

Region

I - Ilocos Region 2016 242,484 21,031 21,532 22,016 21,566 22,134 20,280 19,813 15,952 20,464 15,674 21,293 20,729

II - Cagayan Valley 2016 367,377 31,308 28,381 32,690 37,252 40,444 33,463 28,549 27,303 26,649 26,311 26,284 28,743

III - Central Luzon 2016 13,140 1,116 1,418 1,246 895 1,353 1,200 828 538 1,044 1,282 1,100 1,120

IV-A - CALABARZON 2016 2,063,256 181,459 175,994 175,619 193,530 202,424 171,006 157,066 150,736 135,395 158,452 173,540 188,037

and IV-B - MIMAROPA

V - Bicol Region 2016 785,820 65,257 66,767 68,680 74,228 75,234 68,004 58,950 61,457 58,317 57,913 63,925 67,088

VI - Western Visayas 2016 7,157,443 659,972 591,530 609,943 625,965 662,660 605,679 598,847 575,024 501,875 556,333 562,473 607,142

.

VII - Central Visayas 2016 1,417,659 124,967 116,545 120,138 135,233 142,224 118,215 108,113 113,186 97,182 111,938 106,155 123,763

VIII - Eastern Visayas 2016 1,259,521 107,323 99,198 105,363 110,592 119,351 110,743 101,587 104,609 94,036 99,023 97,600 110,096

IX - Zamboanga Peninsula 2016 1,520,844 123,424 115,594 122,419 134,023 145,625 126,856 123,040 120,334 120,471 125,028 124,002 140,028

X - Northern Mindanao 2016 2,067,319 182,192 160,703 172,537 191,468 159,976 182,638 172,180 161,099 158,487 173,229 173,294 179,516

Continued

Tourism and Transportation

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TABLE 8.4--Continued

Indicator Year Total January February March April May June July August September October November December

XI - Davao Region 2016 4,409,907 357,488 335,405 350,282 406,462 414,895 372,137 352,800 364,027 327,793 350,858 383,781 393,989

XII - SOCCSKSARGEN 2016 - … … … … … … … … … … … …

XIII - Caraga 2016 838,726 66,558 61,440 64,919 79,712 87,789 69,714 66,735 68,851 62,540 70,422 66,522 73,524

Autonomous Region 2016 274,992 19,905 19,601 22,570 24,247 22,835 23,510 24,055 25,482 22,258 22,475 23,920 24,134

in Muslim Mindanao 96 520 2,058 1,390 2,564 516 3,519 129 1,183 854 907 13,736

14 47 16 441 1,798 108 161 142 2,727

Cargo movement

(in kilograms)

Total 2016 850,934,782 63,316,644 61,105,711 67,591,234 66,876,930 65,496,675 69,266,474 73,030,360 76,691,366 83,258,594 86,458,543 67,921,011 69,921,240

National Capital Region 2016 630,283,230 46,433,430 45,390,230 51,528,000 49,438,230 48,318,790 52,072,970 54,246,950 58,137,270 61,766,070 64,356,440 48,589,110 50,005,740

Cordillera Administrative 2016 1,000 … … … … … … … … … … … 1,000

Region

I - Ilocos Region 2016 3,279,849 309,527 279,754 309,945 321,293 293,008 275,917 248,925 187,272 270,940 193,778 253,481 336,009

II - Cagayan Valley 2016 4,222,355 306,956 346,193 385,736 450,792 454,539 242,576 327,720 324,405 347,336 324,173 300,600 411,329

III - Central Luzon 2016 … … … … … … … … … … … … …

IV-A - CALABARZON 2016 20,468,111 1,477,441 1,357,725 1,684,318 2,019,325 2,120,392 1,953,874 1,869,098 1,384,063 1,231,695 1,621,617 1,711,504 2,037,059

and IV-B - MIMAROPA

V - Bicol Region 2016 3,140,311 255,295 250,401 261,925 269,467 278,181 275,025 278,176 250,149 252,251 236,619 259,184 273,638

VI - Western Visayas 2016 41,229,200 3,394,367 3,153,528 3,393,127 3,593,453 3,502,687 3,355,400 3,453,907 3,322,379 3,267,067 3,603,532 3,492,138 3,697,615

VII - Central Visayas 2016 8,424,769 638,753 550,443 657,690 679,260 602,931 757,630 694,166 815,113 683,344 695,100 751,137 899,202

VIII - Eastern Visayas 2016 7,294,023 783,637 895,276 802,393 767,723 542,030 486,435 497,939 471,301 495,950 541,707 468,643 540,989

Continued

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96

TABLE 8.4--Concluded

Indicator Year Total January February March April May June July August September October November December

IX - Zamboanga Peninsula 2016 19,798,234 1,412,436 1,339,080 1,408,727 1,583,646 2,311,612 1,567,144 1,682,805 1,765,687 1,701,947 1,479,512 1,792,584 1,753,054

X - Northern Mindanao 2016 34,258,638 2,294,162 2,550,204 2,275,431 2,391,691 2,422,455 2,509,503 3,192,358 2,568,092 3,518,168 4,652,401 3,172,308 2,711,865

XI - Davao Region 2016 76,473,795 5,851,502 4,834,963 4,736,739 5,198,302 4,476,763 5,597,252 6,367,021 7,300,807 9,547,233 8,558,230 6,951,922 7,053,061

XII - SOCCSKSARGEN 2016 2,061,267 159,138 157,914 147,203 163,748 173,287 172,748 171,295 164,828 176,593 195,434 178,400 200,679

XIII - Caraga 2016 … … … … … … … … … … … … …

Autonomous Region 2016 … … … … … … … … … … … … …

in Muslim Mindanao

Source: Civil Aviation Authority of the Philippines

Indicator Year Average January February March April May June July August September October November December

Total 2017 30,766 30,425 27,040 36,561 29,038

2016 29,964 23,808 25,150 27,515 27,697 30,317 32,993 29,967 32,472 31,451 31,132 32,966 34,104

Passenger car sales 2017 10,453 10,984 9,114 11,853 9,862

2016 11,099 8,632 9,819 11,345 9,920 10,893 11,951 11,230 11,136 12,110 11,499 12,143 12,510

Commercial vehicle sales 2017 20,313 19,441 17,926 24,708 19,176

2016 18,865 15,176 15,331 16,170 17,777 19,424 21,042 18,737 21,336 19,341 19,633 20,823 21,594

Source : Chamber of Automotive Manufacturers of the Philippines Inc.

TABLE 8.5 Sales: 2016 and 2017

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