Consumer prices index up slightly in Sept.

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Latest figures from the National Statistics Office (NSO) on Friday showed the consumer price index (CPI) going up at the national level by 0.5 percent in September compared to the 0.3 percent in August.

In a statement, the NSO said that the increase was an effect of monthly uprise in different consumer product indices.

“The lean season that was still felt in September pushed up the indices for all items, clothing and footwear, furnishing, household equipment and routine maintenance of the house, health, recreation and culture and education relative to the expected trend,” the state-run statistical body said.

“On the other hand, this seasonal factor pushed down the indices of alcoholic beverages and tobacco and housing, water, electricity, gas and other fuels. No effect was observed in the index for restaurant and miscellaneous goods and services during the period,” the NSO added.


At the national level between August and September, the alcohol and tobacco index rose from 0.9 percent to 1.1 percent, and housing, water, electricity, gas and other fuels index went up from negative 0.1 percent to a 0.8-percent increase.

Furnishing, household equip-ment and routine maintenance of the house index also increased slightly from 0.1 percent to 0.2 percent, and health index rose from 0.2 percent to 0.3 percent, while the miscellaneous goods and services index and education index retained their last month’s 0.2 percent and 0.3 percent, respectively.

The NSO said that consumer price performance in the National Capital Region (Metro Manila) was driven by the rise of the indices of furnishing, household equipment and routine maintenance of the house, transport and education, as well as the fall of indices of alcohol and tobacco, and other non-food products.

For areas outside Metro Ma-nila, there was a “weak consumer demand” that “pulled up” indices of different commo-dities such as clothing and footwear; housing, water, elec-tricity, gas and other fuels; furnishing, household equip-ment and routine maintenance of the house; health; recreation and culture; and education. Alcohol and tobacco index was down outside of Metro Manila, while the restaurants and miscellaneous goods and services index retained last month’s level.

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