When was the highest inflation rate in the Philippines?
Inflation Rate in Philippines averaged 8.16 percent from 1958 until 2021, reaching an all time high of 62.80 percent in September of 1984 and a record low of -2.10 percent in January of 1959.
What was the new average inflation rate at the end of 2015?
Current US Inflation Rates: 2000-2021
Year | Jan | Nov |
---|---|---|
2016 | 1.4 | 1.7 |
2015 | -0.1 | 0.5 |
2014 | 1.6 | 1.3 |
2013 | 1.6 | 1.2 |
What was the inflation rate in 2016?
The inflation rate in 2016 was 1.26%. The 2016 inflation rate is lower compared to the average inflation rate of 2.88% per year between 2016 and 2021. Inflation rate is calculated by change in the consumer price index (CPI).
What is the inflation rate from 2015 to 2021?
Core inflation averaged 2.20% per year between 2015 and 2021 (vs all-CPI inflation of 2.61%), for an inflation total of 13.95%. When using the core inflation measurement, $1 in 2015 is equivalent in buying power to $1.14 in 2021, a difference of $0.14.
What is inflation rate Philippines 2021?
4.8 percent
Philippines The headline inflation in the Philippines eased to 4.8 percent in September 2021, from 4.9 percent in August 2021. This brings the country’s average inflation from January to September 2021 at 4.5 percent.
What was the inflation rate in the Philippines in 2016?
Philippines inflation rate for 2016 was 1.25%, a 0.58% increase from 2015. Philippines inflation rate for 2015 was 0.67%, a 2.92% decline from 2014.
What was the inflation rate in December 2015?
The December 2015 inflation was within the BSP’s forecast of 1.1%-1.9% for the month and also aligned with the market’s median forecast of 1.5%. Core inflation, which excludes selected volatile food and energy prices, increased to 2.1% in December 2015 from 1.8% in the previous month.
Which is the most important consumer price index in the Philippines?
In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent).