Inflation Rate in the Philippines for August 2013

by Lyn Santos on September 24, 2013

It’s bee a long time on my last post about the inflation rate in the Philippines. I have been busy in our school supply business and sometimes we don’t have internet connection. At this moment, we’re only using a broadband stick so we need to reload every time it got empty.

 

Anyway, this post is again about the inflation rate in August 2013. There are many factors that need to be considered when assessing the impact of inflation to the overall economy of a country and people.

 

This post is only information on the changes of inflation happening for the previous months, for example last August 2013. The source of this inflation rate comes from the National Statistics Office (NSO).

 

Year-on-Year Inflation Rates, All Items
August 2013 July 2013 Year-to-date
  Philippines
     Headline 2.1  2.5 2.8
     Core 1.9  2.3 3.1
  NCR
     Headline -0.1 1.0 1.6
  AONCR
    Headline 2.7 2.9 3.1

 

The table above shows the inflation  rate in the Philippines for July and August 2013. There’s a noticeable decline of inflation if you could look closer to the statistics.

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