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February 3 – Agriculture Secretary Francisco Tiu Laurel Jr. declares a food security emergency on rice due to rising prices. [16]February 4 – Anwar Saluwang, the mayor of Nabalawag in the Special Geographic Area of Cotabato, is arrested in Davao City for violating a nationwide gun ban imposed as part of the 2025 Philippine general election.
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A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
In simple math, that means a $4 carton of eggs in 2021 would now cost $4.48 — or, more dramatically, a weekly $200 grocery bill in 2021 would be $224 in 2022. That’s a cost increase of $96 per ...
Even as price pressures eased from the 9.1% peak of the current inflation cycle, last month's reading marked the second-hottest December CPI print since 1981, topped only by 7.1% in December 2021.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 5.0% over the prior year in March, a slowdown from February's0.4% month-over-month increase and 6% annual gain.