Cordillera’s price index increase | SunStar

Cordillera’s price index increase

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Cordillera’s price index increase

Wednesday, April 19, 2017

CORDILLERA’S average prices of goods and services increased compared to the previous year based on the date by Philippine Statistics Authority.

Comparing the price index of all the provinces in Cordillera Administrative Region (CAR), Mountain Province earned the highest average of 153.7, followed by Ifugao with 151.6, Benguet with 144.7, Kalinga at 142.0, Abra at 135.9, and Apayao with 132.0.

In terms of the index point change, Ifugao has the highest index point increase with 5.8 from February 2016 and 2017 of the same month. However, Apayao decreases at 0.3 index point.

Among the commodity groups in the region, Mountain Province remains the highest with 153.7. Apayao has been consistently with the lowest index, as of this year at 132.0

Alcoholic beverages and tobacco have the greatest consumer price index (CPI) at 210.9.

In Kalinga, the index is 223.1 as the highest, followed by Abra with 220.6 and Apayao with 220.2. Next is the province of Benguet with 213.4 and Mountain Province with lowest index of 187.4.

Education has the second to the highest CPI for February 2017 with 161.8 index. Of all the provinces in the region, Mountain Province gained the highest at 233.9 and Apayao as the lowest with 142.2 index. Ifugao, Kalinga, Abra, Benguet, and Apayao obtained 173.2, 166.6, 152.4, 147.3, 142.2, respectively.

Food and non-alcoholic beverages placed third with 157.8. Mountain Province is still the highest with 163.1 CPI, followed by Benguet, and Abra at the lowest with 144.8 index.

Communication has the lowest CPI among all the commodity groups in Cordillera having 83.3 index. Abra has highest ranking with 111.4, followed byIfugao with 101.0 and as for the lowest Apayao at 78.1. (Crystal Mae Aquino/Colegio de Dagupan Intern)

Published in the SunStar Baguio newspaper on April 20, 2017.

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