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| TABLE 1. MAJOR
SOURCES OF INFLATION IN JULY 2024 (2018=100) |
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| COMMODITIES |
Weights |
|
INFLATION |
|
|
PERCENTAGE POINT CONTRIBUTION |
|
|
YEAR-ON-YEAR |
MONTH-ON-MONTH |
YEAR-TO-DATE |
|
|
YEAR-ON-YEAR |
MONTH-ON-MONTH |
YEAR-TO-DATE |
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|
July 2024 |
July 2024 |
Jan 2024 |
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|
July 2024 |
July 2024 |
Jan 2024 |
|
| |
vs |
vs |
to |
|
|
vs |
vs |
to |
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| |
July 2023 |
June 2024 |
July 2024 |
|
|
July 2023 |
June 2024 |
July 2024 |
|
| ALL
ITEMS |
100.00 |
|
4.4 |
0.7 |
3.7 |
|
|
4.4 |
0.7 |
3.7 |
|
| I.
FOOD AND NON-ALCOHOLIC BEVERAGES |
37.75 |
|
6.4 |
0.7 |
5.4 |
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|
2.4 |
0.3 |
2.0 |
|
| A.
Food |
34.78 |
|
6.7 |
0.7 |
5.6 |
|
|
2.3 |
0.2 |
2.0 |
|
| Cereals
and Cereal Products |
12.32 |
|
15.6 |
0.2 |
16.6 |
|
|
1.9 |
0.0 |
2.0 |
|
| Cereals |
9.35 |
|
20.7 |
0.1 |
21.6 |
|
|
1.9 |
0.0 |
2.0 |
|
| Rice |
8.87 |
|
20.9 |
-0.3 |
23.0 |
|
|
1.9 |
0.0 |
2.0 |
|
| Corn |
0.48 |
|
17.5 |
5.8 |
3.7 |
|
|
0.1 |
0.0 |
0.0 |
|
| Flour,
Bread and Other Bakery Products, Pasta Products, and Other Cereals |
2.97 |
|
2.6 |
0.1 |
4.1 |
|
|
0.1 |
0.0 |
0.1 |
|
| Meat
and Other Parts of Slaughtered Land Animals |
6.43 |
|
4.8 |
1.0 |
1.8 |
|
|
0.3 |
0.1 |
0.1 |
|
| Fish
and Other Seafood |
5.66 |
|
-0.8 |
-0.2 |
-0.1 |
|
|
0.0 |
0.0 |
0.0 |
|
| Milk,
Other Dairy Products, and Eggs |
2.90 |
|
1.8 |
0.6 |
2.5 |
|
|
0.1 |
0.0 |
0.1 |
|
| Oils
and Fats |
0.57 |
|
-2.6 |
-0.2 |
-3.9 |
|
|
0.0 |
0.0 |
0.0 |
|
| Fruits
and Nuts |
1.49 |
|
8.4 |
1.5 |
7.5 |
|
|
0.1 |
0.0 |
0.1 |
|
| Vegetables,
Tubers, Plantains, Cooking Bananas and Pulses |
2.80 |
|
6.1 |
5.0 |
-3.1 |
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|
0.2 |
0.1 |
-0.1 |
|
| Sugar,
Confectionery and Desserts |
1.05 |
|
-3.4 |
-0.3 |
-2.6 |
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|
0.0 |
0.0 |
0.0 |
|
| Ready-Made
Food and Other Food Products N.E.C. |
1.56 |
|
6.0 |
0.4 |
5.1 |
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|
0.1 |
0.0 |
0.1 |
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| B.
Non-alcoholic Beverages |
2.96 |
|
1.8 |
0.1 |
2.5 |
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|
0.1 |
0.0 |
0.1 |
|
| II.
ALCOHOLIC BEVERAGES AND TOBACCO |
2.16 |
|
3.4 |
0.0 |
5.7 |
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|
0.1 |
0.0 |
0.1 |
|
| Alcoholic
Beverages |
0.88 |
|
3.5 |
0.1 |
4.5 |
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|
0.0 |
0.0 |
0.0 |
|
| Tobacco |
1.28 |
|
3.4 |
0.0 |
6.3 |
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|
0.0 |
0.0 |
0.1 |
|
| Other vegetables based tobacco products |
0.003 |
|
4.9 |
0.7 |
6.4 |
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|
0.0 |
0.0 |
0.0 |
|
| NON-FOOD |
60.09 |
|
3.1 |
0.7 |
2.4 |
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|
1.9 |
0.4 |
1.5 |
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| III.
CLOTHING AND FOOTWEAR |
3.14 |
|
3.1 |
0.2 |
3.5 |
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|
0.1 |
0.0 |
0.1 |
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| Clothing |
2.15 |
|
3.6 |
0.2 |
3.8 |
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|
0.1 |
0.0 |
0.1 |
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| Footwear |
0.98 |
|
2.3 |
0.1 |
2.9 |
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|
0.0 |
0.0 |
0.0 |
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| IV.
HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS |
21.38 |
|
2.3 |
1.4 |
0.8 |
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|
0.5 |
0.3 |
0.2 |
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| Actual
Rentals for Housing |
12.82 |
|
2.6 |
0.3 |
2.8 |
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|
0.3 |
0.0 |
0.4 |
|
| Maintenance,
Repair and Security of the Dwelling |
0.66 |
|
2.7 |
0.2 |
2.9 |
|
|
0.0 |
0.0 |
0.0 |
|
| Water
Supply and Miscellaneous Services Relating to the Dwelling |
1.16 |
|
7.4 |
0.0 |
7.9 |
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|
0.1 |
0.0 |
0.1 |
|
| Electricity,
Gas and Other Fuels |
6.74 |
|
0.7 |
3.9 |
-3.9 |
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|
0.1 |
0.3 |
-0.3 |
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| V.
FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE |
3.22 |
|
2.8 |
0.2 |
3.2 |
|
|
0.1 |
0.0 |
0.1 |
|
| Furniture
and Furnishings, and Loose Carpets |
0.27 |
|
1.6 |
0.1 |
1.8 |
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|
0.0 |
0.0 |
0.0 |
|
| Household
Textiles |
0.10 |
|
2.1 |
0.1 |
2.2 |
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|
0.0 |
0.0 |
0.0 |
|
| Household
Appliances |
0.60 |
|
1.9 |
0.1 |
2.1 |
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|
0.0 |
0.0 |
0.0 |
|
| Glassware,
Tableware and Household Utensils |
0.03 |
|
3.0 |
0.1 |
3.3 |
|
|
0.0 |
0.0 |
0.0 |
|
| Tools
and Equipment for House and Garden |
0.02 |
|
2.5 |
0.1 |
2.0 |
|
|
0.0 |
0.0 |
0.0 |
|
| Goods
and Services for Routine Household Maintenance |
2.21 |
|
3.1 |
0.2 |
3.6 |
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|
0.1 |
0.0 |
0.1 |
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| VI.
HEALTH |
2.89 |
|
2.8 |
0.2 |
3.0 |
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|
0.1 |
0.0 |
0.1 |
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| Medicines
and Health Products |
1.83 |
|
2.6 |
0.2 |
2.8 |
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|
0.0 |
0.0 |
0.1 |
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| Outpatient
Care Services |
0.46 |
|
2.8 |
0.0 |
3.2 |
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|
0.0 |
0.0 |
0.0 |
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| Inpatient
Care Services |
0.57 |
|
3.4 |
0.2 |
3.5 |
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|
0.0 |
0.0 |
0.0 |
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| Other
Health Services |
0.02 |
|
3.4 |
0.2 |
3.2 |
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|
0.0 |
0.0 |
0.0 |
|
| VII.
TRANSPORT |
9.03 |
|
3.6 |
0.6 |
2.2 |
|
|
0.3 |
0.1 |
0.2 |
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| Purchase
of Vehicles |
1.68 |
|
1.2 |
0.0 |
1.3 |
|
|
0.0 |
0.0 |
0.0 |
|
| Operation
of Personal Transport Equipment |
2.81 |
|
5.9 |
2.3 |
1.4 |
|
|
0.2 |
0.1 |
0.0 |
|
| Passenger
Transport Services |
4.54 |
|
3.1 |
-0.1 |
3.0 |
|
|
0.1 |
0.0 |
0.1 |
|
| Transport
Services of Goods |
0.00 |
|
0.9 |
0.0 |
0.9 |
|
|
0.0 |
0.0 |
0.0 |
|
| VIII.
INFORMATION AND COMMUNICATION |
3.41 |
|
0.5 |
0.0 |
0.5 |
|
|
0.0 |
0.0 |
0.0 |
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| Information
and Communication Equipment |
1.12 |
|
0.6 |
0.0 |
0.4 |
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|
0.0 |
0.0 |
0.0 |
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| Information
and Communication Services |
2.29 |
|
0.4 |
0.0 |
0.4 |
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|
0.0 |
0.0 |
0.0 |
|
| IX.
RECREATION, SPORT AND CULTURE |
0.96 |
|
3.4 |
0.2 |
3.7 |
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|
0.0 |
0.0 |
0.0 |
|
| Recreational
Durables |
0.01 |
|
-0.1 |
0.0 |
-0.1 |
|
|
0.0 |
0.0 |
0.0 |
|
| Other
Recreational Goods |
0.15 |
|
1.6 |
0.0 |
2.1 |
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|
0.0 |
0.0 |
0.0 |
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| Garden
Products and Pets |
0.12 |
|
2.7 |
0.0 |
2.7 |
|
|
0.0 |
0.0 |
0.0 |
|
| Recreational
Services |
0.14 |
|
0.0 |
0.0 |
0.1 |
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|
0.0 |
0.0 |
0.0 |
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| Cultural
Goods |
0.01 |
|
0.9 |
0.2 |
1.0 |
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|
0.0 |
0.0 |
0.0 |
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| Cultural
Services |
0.07 |
|
1.6 |
0.0 |
1.9 |
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|
0.0 |
0.0 |
0.0 |
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| Newspapers,
Books and Stationery |
0.40 |
|
5.9 |
0.5 |
6.4 |
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|
0.0 |
0.0 |
0.0 |
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| Package
Holidays |
0.06 |
|
0.3 |
0.0 |
0.2 |
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|
0.0 |
0.0 |
0.0 |
|
| X.
EDUCATION SERVICES |
1.96 |
|
5.8 |
2.0 |
4.1 |
|
|
0.1 |
0.0 |
0.1 |
|
| Early
Childhood and Primary Education |
0.57 |
|
6.0 |
2.2 |
4.0 |
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|
0.0 |
0.0 |
0.0 |
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| Secondary
Education |
0.58 |
|
6.0 |
2.1 |
4.1 |
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|
0.0 |
0.0 |
0.0 |
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| Tertiary
Education |
0.79 |
|
5.3 |
1.7 |
3.8 |
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|
0.0 |
0.0 |
0.0 |
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| Education
Not Defined by Level |
0.02 |
|
11.6 |
0.2 |
11.5 |
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|
0.0 |
0.0 |
0.0 |
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| XI.
RESTAURANTS AND ACCOMMODATION SERVICES |
9.62 |
|
4.9 |
0.2 |
5.3 |
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|
0.5 |
0.0 |
0.5 |
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| Food
and Beverage Serving Services |
9.47 |
|
5.0 |
0.2 |
5.3 |
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|
0.5 |
0.0 |
0.5 |
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| Accommodation
Services |
0.15 |
|
2.1 |
0.0 |
2.6 |
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|
0.0 |
0.0 |
0.0 |
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| XII.
FINANCIAL SERVICES |
0.03 |
|
-0.6 |
0.0 |
-0.6 |
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|
0.0 |
0.0 |
0.0 |
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| Financial
Services |
0.03 |
|
-0.6 |
0.0 |
-0.6 |
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|
0.0 |
0.0 |
0.0 |
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| XIII.
PERSONAL CARE, AND MISCELLANEOUS GOODS AND SERVICES |
4.46 |
|
3.2 |
0.3 |
3.5 |
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|
0.1 |
0.0 |
0.2 |
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| Personal
Care |
3.91 |
|
3.2 |
0.2 |
3.7 |
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|
0.1 |
0.0 |
0.1 |
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| Other
Personal Effects |
0.51 |
|
2.2 |
0.2 |
2.5 |
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|
0.0 |
0.0 |
0.0 |
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| Other
Services |
0.04 |
|
1.3 |
0.1 |
1.4 |
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0.0 |
0.0 |
0.0 |
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| Note:
Some figures may not exactly add up due to rounding. |
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| Sources:
Philippine Statistics Authority (PSA) and Department of Economic Research
(DER)-Bangko Sentral ng Pilipinas (BSP) |
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