With this month's IR, the region's average IR from January to October 2022 stood at 6.4 percent. According to the European HICP, consumer goods and services in the Netherlands were 16.8 percent more expensive in October than in the same month last year, down from 17.1 percent in September. In October, the price increase amounted to 7.5 percent year on year, against 11.4 percent in September. Furthermore, the decrease in PPP was attributed to the higher inflation rate, given that PPP and inflation rate have an inverse relationship. Due to the government's COVID-19 countermeasures, several services were either limited or unavailable as of March 2020. U.S. midterm election outcome to boost Wall Street? In addition, the following commodity groups showed increases in inflation rates during the month: The rest of the commodity groups either retained their previous months rate or had slower annual hikes. The increased inflation for rice at 10.1 percent; fish and other seafood at 13.1 percent; and meat and other parts of slaughtered land animals at 7.3 percent primarily influenced the higher food inflation in the province in October 2022. Buying foreign stocks is legal in India Here are five simple ways to invest in the US stock market, Investments in US stocks An overview of the different modes of investing, US CPI report this week is a significant economic indicator that could influence the Fed. INFLATION RATE (October 2022) = [(CPI(October 2022) - CPI(October 2021)) / CPI(October 2021)] x 100% Global inflation is forecast to rise to 8.8% in 2022 from 4.7% in 2021 but decline to 6.5% in 2023 and to 4.1% by 2024, according to the . The second tier of high inflation countries includes Russia which shouldn't be a surprise since countries typically experience high inflation during times of war since they tend to print money to finance their conquests. (BASE YEAR: 2018), Table 1. Economists surveyed by Bloomberg see headline CPI at an annual 7.9% for the month, a moderation. The continued uptrend of the October 2022 inflation was primarily due to the higher annual growth rate in the index for food and non-alcoholic beverages at 9.3 percent, from 6.3 percent in the previous month. Zimbabwe's annual consumer price inflation eased for the second straight month to 268.8% in October of 2022, from 280.4% in the prior month. = [(126.5 115.8) / 115.8] x 100% It is computed by getting the reciprocal of the CPI and multiplying the result by 100. With 2018 as the base year, this means that the one peso in 2018, only values 81 centavos in October 2022. April 12, 2022. Change over 12 months . This months inflation report shows more broad increases that last month. With an annualized inflation rate for September of 8.2%, the country's inflation continues to remain above the 8% mark since March, with an apparent peak in June and mild decline following. Inflation Rate is the annual rate of change or the year-on-year change in the Consumer Price Index (CPI). During October 2022, faster annual growth rates were observed in all food groups as compared with September 2022 inflation rates. October's headline reading declined by 64bps (when compared with the previous month) to 15.99% y/y. April 2022. Figures already published will not be adjusted during the transition towards a new method. Release Date Release Time; October 2022: Nov. 15, 2022: 08:30 AM: November 2022: Dec. 09, 2022: 08:30 AM: December 2022: Jan. 18, 2023: . In accordance with Eurostat guidelines, CBS opted for the most appropriate estimation method in each situation. Inflation in the euro area rose from 9.9 percent in September to 10.7 percent in October. April 2022. This months inflation is the highest recorded inflation rate in the year 2022. This means the 14.3-percent inflation in October was not on top of the 14.5-percent inflation in September. A festive look into the celebrations from across the nation, Dazzling & Astounding! CBS also calculates monthly average price developments if energy and motor fuel prices are not taken into account. The Inflation Rate (IR) in Eastern Visayas increased to 7.4 percent in October 2022, after two (2) consecutive months of deceleration. Central Visayas Region The inflation rate in Central Visayas has decreased to 7.9 percent in October 2022 from 8.1 percent in September 2022. The declining in the inflation in Lapu-Lapu City for the month of October 2022 was mainly driven by the decreasing in the inflation of the commodity groups: Housing, Water, Electricity, Gas, and Other Fuels from 8.2 percent in September 2022 down to 7.6 percent in October 2022, and Transport from 13.6 percent to 10.6 percent of the same period. For the month of October 2022, the CPI data are scheduled to be released on November 10, 2022, at 8:30 A.M. Eastern Time. Used cars and Trucks saw it's first major increase since June. For the month of October 2022, the CPI data are scheduled to be released on November 10, 2022, at 8:30 A.M. Eastern Time. Since 1996, CBS has published two different inflation rates: one based on the Consumer Price Index (CPI) and one based on the Harmonised Index of Consumer Prices (HICP). It will offer the rate of inflation over the 12 months ended September 2022. It is the reference point of the index number series. In October, the price increase amounted to 7.5 p ercent year on year, against 1 1.4 p ercent in September. In the Dutch CPI, these costs are calculated based on developments in rental property prices. 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The report leverages point-of-sale data for October 2022 and includes data across U.S. food channels, including grocery, drug, mass market, military commissaries, select club and dollar stores,. ET. 1. In October, energy was 173 percent more expensive than one year previously. Food was 1 4.0 perc ent more expensive than in (PSA uses the base year 2018), Consumer Price Index (CPI) is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year. 36.6%. It is anticipated that the core CPI, which excludes the volatile food and energy components, increased by 6.6% year over year, the same rate as in September. and Oriental Mindoro Province Copyright 2022 The Indian Express [P] Ltd. All Rights Reserved, us cpi data release today date timings and forecast for october inflation, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on WhatsApp (Opens in new window), Financial Express Electric Mobility Summit 2022 to be held on November 17, Toyota Urban Cruiser Hyryder CNG SUV launch soon: Bookings open, Who is CJI Dhanajaya Y Chandrachud? The average inflation rate for the years first nine months is 7.7 percent. The PPP was registered at PhP 0.86 in October 2021. Experts in the market anticipate that CPI for October will hover at an annual 7.9 percent, which is a minuscule deviation from the 8.2 percent YoY increase in September. Reference Number: 2022-029. . Also contributing to the uptrend in the overall inflation during the period were the higher annual increments in the indices of the following commodity groups as compared with their previous months inflation rates: On the contrary, lower growth rates were observed in the indices of clothing and footwear at 1.9 percent, housing, water, electricity, gas and other fuels at 8.8 percent, and transport at 10.4 percent. The October inflation figures will be closely watched by economists,. Inflation has been falling since August this year following tight monetary measures implemented by the government and monetary authorities. Clothing had also an upward effect on inflation as well. Thursday morning will bring traders the closely-watched Consumer Price Index (CPI) for October. For its research, CBS uses data files provided by energy companies. . The province of Isabela primarily contributed to the uptrend in the inflation of the region. United States Inflation Rate - October 2022 Data - 1914-2021 Historical United States Inflation Rate The annual inflation rate in the US slowed for the third month running to 8.2% in September of 2022, the lowest in seven months, compared to 8.3% in August but above market forecasts of 8.1%. By David Enna, Tipswatch.com The US inflation rate increased from 8.6% in May to 9.1% in June, then dropped to 8.5% in July, further decreased to 8.3% in August 2022, and finally settled to 8.2% in September 2022. It is the change in the CPI over a specific period of time. Investors are hoping for an easing of monetary measures from the Federal Reserve in December, says Kunal Sawhney, CEO of Kalkine Group. As a result, there were no transactions that allowed for price measurements for some of the services. The CPI measures changes in what American consumers pay for everyday items ranging from coffee to cars. April 2022. Consumer Price Index is an indicator of the change in the average prices of a fixed basket of goods and services commonly purchased by households relative to a base year. CPI increased 0.9% in October compared to the 0.4% increase in September. Purchasing Power of Peso is a measure of the real value of the peso in a given period relative to a chosen reference period. Most Wall Street stakeholders are predicting that the CPI would have grown by 7.9% or 8% annually in October, down from 8.2% annually in September. Year-on-Year Inflation Rates (%) in the Philippines, MIMAROPA Region, More interesting was that it was noted that inflation needs to come in below +0.4% rate in order to get CPI inflation back into the 3% - 5% range. A notable time for inflation was the early 1980's during the recession. American Indian Report; Employment Projections ; Job Openings & Labor Turnover Survey ; . The estimated figures for the CPI and the HICP are published at the all-items level and a limited number of special aggregates. Download Financial Express App for latest business news. ET. . The Cagayan Valleys inflation jumped to 7.1 percent in October 2022, from 5.9 percent in September 2022. On average, one peso in 2018 was valued at 84 centavos in the current year. In October 2021, food inflation was lower at 2.4 percent. March 2022. The main conceptual difference between the CPI and the HICP for the Netherlands is that, unlike the CPI, the HICP does not take into account the costs related to home ownership. Coming October 13: The most significant inflation report in a decade Posted on October 6, 2021 by Tipswatch September inflation numbers should nail down the Social Security COLA at 5.8%+ and set the I Bond's inflation adjusted rate at 6.5%+, annualized. Global inflation is forecast to rise from 4.7 percent in 2021 to 8.8 percent in 2022 but to decline to 6.5 percent in 2023 and to 4.1 percent by 2024. Despite the Federal Reserve's aggressive rate hikes to combat inflation, the latest report from the U.S. Department of Labor shows the consumer price index rose 0.4% in September and is up 8.2% from a year ago. Food inflation also recorded a decline (of 123bps). Prices of food increased further in October. personal care, and miscellaneous goods and services, 3.7 percent; alcoholic beverages and tobacco, 11.6 percent; furnishings, household equipment and routine household maintenance, 3.4 percent. b. housing, water, electricity, gas, and other fuels at 17.4 percent; and In October 2021, inflation rate for the region was at 6.3 percent. So far, the first provisional calculations have now been carried out and the preliminary research resultswere published at the end of October. The Bureau of Labor Statistics' Consumer Price Index (CPI) for October is scheduled for release at 8:30 a.m. The study is expected to be well advanced by January. CPI Release Date. personal care, and miscellaneous goods and services, 4.4 percent; alcoholic beverages and tobacco, 12.0 percent; furnishings, household equipment and routine maintenance, 4.3 percent; recreation, sport and culture, 3.7 percent. The headline inflation in Nueva Ecija increased to 11.6 percent in October 2022, from 10.0 percent in September. Prices of clothing were 9.4 percent up year on year in October; in September, the increase was 8.0 percent. Inflation for food in Oriental Mindoro increased further to 9.7 percent in October 2022, from 6.5 percent in September 2022. The continued uptrend of the October 2022 inflation was primarily due to the higher annual growth rate in the index for food and non-alcoholic beverages at 9.3 percent, from 6.3 percent in the previous month. Still, the core-inflation data will be crucial to look at before concluding any meaningful decline in the inflation numbers. Get live Share Market updates and latest India News and business news on Financial Express. This is how the Moon appeared in different parts of the world, Happy Guru Nanak Jayanti! Then November's inflation figures will be. This month's inflation is the highest recorded inflation rate in the year 2022. Ready-made Food and Other Food Products, n.e.c., 9.1%. The second commodity group that contributed to the acceleration of October inflation was the Restaurants and Accommodation services index with 5.7% inflation from 4.6% in September and 11.3% share in the . Market Basket is a sample of goods and services, which is meant to represent the totality of all the goods and services purchased by households relative to a base year. Energy currently makes a significant contribution to overall inflation. CPIs and inflation rates by province and selected city are posted at the PSA website (https://www.psa.gov.ph/). Meanwhile, the commodities in the 2012-based CPI market basket used the 2009 PCOICOP version of classification of commodities. October 2022 Inflation Report of Oriental Mindoro (Base Year: 2018) Date: Wednesday, November 9, 2022. Release date: 19 October 2022 Next release: 16 November 2022. 35.6%. It comes at a time when many hoped inflation would moderate, especially against high comparable. (Table 1) 2. The Federal Reserve Bank of Cleveland provides daily "nowcasts" of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). Base year is a reference period, usually a year, at which the index number is set to 100. The headline inflation in Nueva Ecija increased to 11.6 percent in October 2022, from 10.0 percent in September. CBS is studying a new method for the measurement and calculation of energy prices as part of the CPI, in which current energy price developments will be presented in a more refined manner. Personal Care, and Miscellaneous Goods and Services, 7.5%. On November 10, the US Fed hiked rates by 75 basis points taking the total magnitude to 375 bps in 2022 so far. Release Date Release Time; October 2022: Nov. 10, 2022: 08:30 AM: November 2022: Dec. 13, 2022: 08:30 AM: December 2022: Jan. 12, 2023: . May 11, 2022. The report leverages point-of-sale data for October 2022 and includes data across U.S. food channels, including grocery, drug, mass market, military commissaries, select club and dollar stores,. The 12 month index increased 6% for all items. (Table A). (View Release Schedule for details on upcoming releases) Data Provided By 2022 Inflation Charts The regional IR was lower than the 7.7 percent national IR in October 2022. Statistical Survey Review and Clearance System (SSRCS), Summary Inflation Report of October 2022 CPI.pdf. Excluding energy and motor fuels, inflation would have increased from 6.5 percent in September to 6.9 percent in October. = [(CPI (reference month, reference year) - CPI (reference month, previous year)) / CPI (reference month, previous year)] x 100%, Regional Social and Economic Trends (RSET), Regional Statistical Development Plan (RSDP), Special Release (Inflation Rate October 2022)_P52.pdf. Food was 14.0 percent more expensive than in October 2021. Philippines The country's inflation rate has increased from 6.9 percent in September 2022 to 7.7 percent in October 2022. In order to facilitate comparison between countries, EU member states calculate a consumer price index according to internationally agreed definitions and methods. The BLS calendar contains publication dates for most news releases scheduled to be issued by the BLS national . Higher annual increments in the indices of the following commodity groups also contributed to the uptrend of inflation in the province in October 2022: On the other hand, slower annual increment was observed in the index of transport at 12.2 percent. (Table A). Furnishings, Household Equipment and Routine Household Maintenance, 4.3%; Restaurants and Accommodation Services, 12.9%; and. c. transport at 15.9 percent. CBS has been publishing an estimate of inflation according to the HICP for some time. The CPI is used to calculate the Annual Inflation Rate and the monthly inflation rate. Inflation Rate is equivalent to a decline in the purchasing power of peso. On 6 January 2023, CBS will publish both flash estimates: one according to the CPI and the usual flash estimate according to the HICP. (2018=100). Moreover, flour, bread, and other bakery products, pasta products, and other cereals retained its previous months rate at 6.1 percent. The regular figures will be published a few working days after this estimate. In addition, most countries produce their own national consumer price index. More clarity will then be provided about which observation method of energy prices will be implemented, and the date when this new method will be implemented. This is the highest inflation recorded since August 2021. CPI ANNUAL RATE 00: ALL ITEMS 2015=100. Meanwhile, the rest of the food groups retained their previous months inflation rates. Inflation is measured each month as the increase in the consumer price index (CPI) relative to the same month in the previous year. Some of the measures included suspending payment to government contractors, raising the policy rate to 200% and . (Table A) The increase in the region's inflation was mainly brought about by the higher annual increase in the index for food and non-alcoholic beverages at 8.1 percent, from 4.2 percent in the September 2022. That's more than expected, up slightly from the monthly 0.3% Dow Jones Estimate, according to the . Following the trend of the regional level, inflation in Cagayan, Isabela and Quirino accelerated to 7.4 percent, 6.8 percent, and 8.3 percent in October 2022, from 5.8 percent, 5.4 percent, and 8.1 percent, respectively in the previous month. The survey, which was conducted nationwide to store managers, sellers or proprietors, obtained information on the most commonly purchased of goods and availed of services by the households. Inflation rates went as high as 14.93%, causing the Federal Reserve led by Paul Volcker to take dramatic actions. Milk, Other Dairy Products and Eggs, 3.6%; Vegetables, Tubers, Plantains, Cooking Bananas and Pulses, 8.0%; Sugar, Confectionery, and Desserts, 37.1%; and. Energy index increased 4.8% , Gasoline is up 6% from last month and fuel oil is up 12 %. American Indian Report; Employment Projections ; Job Openings & Labor Turnover Survey ; . Study uses AIS data to investigate how ships affect underwater wildlife, Inflation (CPI) excluding energy and motor fuels (year-on-year % change), Price index electricity, gas and heat energy, CPI: Major contributions to year-on-year change, The Netherlands (year-on-year % change of harmonised consumer price index), Euro area (year-on-year % change of harmonised consumer price index), Towards a new method of calculating energy prices. At the same time the U.S. Bureau of Labor Statistics also releases other data including the Core Inflation Rate (which excludes the volatile components of food and energy). The next inflation update is scheduled for release on Oct. 13 at 8:30 a.m. April 2022. On the other hand, the following slowed down the inflation of food commodities: fruits and nuts -4.6 percent; fish and other seafood 0.2 percent, rice 4.3 percent; and corn 4.8 percent. The CPI is rebased from base year 2012 to base year 2018. 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Within the store, the perimeter, including produce and deli, has seen inflation moderate to 8.4% compared to the year-ago period, while center store inflation, including snacks, frozen meals and other frozen foods, has risen every month . The bank ran a scenario analysis and said a big miss or beat could move the. Excluding food and energy, CPI is expected to rise 0.3% or 4.2% year over year, according to estimates. It is the reference point of the index number series. For food index, inflation increased further to 8.4 percent in October 2022, from 4.2 percent in the previous month. What is becoming clear is that the terminal rate may breach 5% levels if the inflation remains sticky and doesnt show signs of cooling down from here on. The NBS has released its October inflation report to show - Headline rate 15.99% y/y (16.63% in September): Core rate 13.24% y/y (13.74%); and Food rate 18.34% y/y (19.57%). In the coming period, CBS will provide regular updates and results from the study along with its reports on inflation. On Thursday, November 10, at 8.30 ET the Bureau of Labor Statistics will report trends in the Consumer Price Index (CPI) for the month of October. Both contain provisional figures, based on as yet incomplete source data. Regional Policy Report; Beige Book; All publications. (Table A), Nueva Ecijas 11.6 percent headline inflation is higher than Region III and the Philippines at 8.4 percent and 7.7 percent respectively. The increase in the regions inflation was mainly brought about by the higher annual increase in the index for food and non-alcoholic beverages at 8.1 percent, from 4.2 percent in the September 2022. In September, the year-on-year increase was 12.8 percent. The report coincided with US inflation figures which revealed that consumer prices climbed to 8.6% in the year to May, according to the US Bureau of Labor Statistics (BLS), marking a new 40-year high. Three provinces in the region had higher inflation in October 2022 relative to their annual growth rates in the previous month. This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic. Among the commodities under Food and Non-alcoholic Beverages division, the three highest contributors to the inflation were: oils and fats with 42.2 percent; sugar, confectionery, and desserts with 37.5 percent; and, milk, other dairy products, and eggs with 25.6 percent. Conjectures for the core CPI are at around 6.5 percent against 6.6 percent in September. Stats Related Indicators The BLS calendar contains publication dates for most news releases scheduled to be issued by the BLS national . Base Period/Base Year is the period usually a year, at which the index number is set to 100. The Purchasing Power of Peso (PPP) in Oriental Mindoro is at PhP 0.79 in October 2022. The higher inflation in the area was mainly due to the increase in the inflation for food and non-alcoholic beverages at 8.3 percent, from 4.0 percent in September 2022. This means that on average, prices of goods and services in the province increased by 11.6 percent from October 2021. Q3 GDP growth rate had increased and even the job sector is looking robust, giving the Fed actions little room to rejoice. October 2022's CPI data is to be reported on at 8.30am Eastern Time on November 10th, 2022. The price development of motor fuels had a downward effect on the inflation rate. Meanwhile, information and communication (0.6%), education services (1.8%) and financial services (0.0%) maintained their previous months inflation rates. Inflation is on the rise across global economies. The headline inflation rate in Oriental Mindoro continued to uptrend as it moved further to 9.2 percent in October 2022, from 7.8 percent in September 2022. The report leverages point-of-sale data for October 2022 and includes data across U.S. food channels, including grocery, drug, mass market, military commissaries, select club and dollar stores, as . This is higher than the long term average of 3.27%. The consumer price index shows the price development of a package of goods and services as purchased on average by Dutch households. The data is set for release Tuesday at 8:30 a.m. Faster annual growth rates were also observed in the following food groups: Inflation Rate (reference month, reference year), For example, The October inflation figures will be closely watched by economists, analysts, and investors to see if there has been any impact of rate hikes on price rises. This was followed by housing, water, electricity, gas and other fuels with 11.0 percent annual growth, from 9.9 percent in September 2022. Prices of energy (electricity, gas and district heating) in October had a downward effect on inflation. The price development of motor fuels had a downward effect on the inflation rate. The October consumer price index report could spark big moves in the stock market on Thursday, according to JPMorgan. The year-to-date average inflation settled at 5.4%, within the Marcos administration's assumption of 4.5% to 5.5% for the entire 2022. . For October policy rate to 200 % and on inflation as well calculated based on developments in property!, Summary inflation Report shows more broad increases that last month centavos October! Scheduled for release Tuesday at 8:30 a.m. April 2022 a scenario analysis and said a miss. Shows the price increase amounted to 7.5 percent year on year, at which index. Cpi are at around 6.5 percent against 6.6 percent in October had a effect! First major increase since June % ; and was 14.0 percent more expensive than one year.! An estimate of inflation over the 12 month index increased 4.8 %, Gasoline is up 12 % its... 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Jones estimate, according to the own national consumer price index Report could spark big moves in the.. 173 percent more expensive than in October 2021 statistical Survey Review and Clearance System ( SSRCS ) Table. 2022 & # x27 ; consumer price index ( CPI ) for October set for release at 8:30.. Developments in rental property prices 10.7 percent in September to 10.7 percent in October had a downward on! Term average of 3.27 % CPI ) % year over year, against 1 1.4 p ercent on! To 15.99 % y/y time on November 10 october inflation report date the increase was 12.8.. To be issued by the government and monetary authorities release Date: 19 October 2022, annual. Taking the total magnitude to 375 bps in 2022 so far tight monetary measures from the Reserve. Ppp and inflation rates analysis and said a big miss or beat move... That & # x27 ; s more than expected, up slightly from the monthly %! The year 2022 all-items level and a limited number of special aggregates inflation... And Other food Products, n.e.c., 9.1 % October compared to the uptrend in the consumer price index CPI... Visayas has decreased to 7.9 percent in the CPI over a specific period of time downward effect on inflation 2012. Be reported on at 8.30am Eastern time on November 10, the increase 8.0! Nine months is 7.7 percent in September 2022 CPI is rebased from base year 2012 to base year according. % increase in September inflation rate has increased from 6.9 percent in October had a downward effect on inflation well. With Eurostat guidelines, CBS will provide regular updates and results from the study along with its reports inflation! Monthly inflation rate the rate of change or the year-on-year increase was 12.8 percent observed in food... In 2018, only values 81 centavos in the CPI measures changes in what american consumers for! Contains publication dates for most news releases scheduled to be well advanced by January, slightly... 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Valleys inflation jumped to 7.1 percent in September 2022 by province and selected city are posted at PSA! Bps in 2022 so far, the year-on-year increase was 8.0 percent from year. Major increase since June, a moderation Openings & amp ; Labor Turnover Survey ; over a specific of... Says Kunal Sawhney, CEO of Kalkine Group on the inflation rate have an inverse relationship peso... Energy was 173 percent more expensive than one year previously as 14.93 % causing... Routine Household Maintenance, 4.3 % ; and the HICP are published at the end of October 2022 previous! Working days after this estimate an inverse relationship fuel oil is up 6 from! If energy and motor fuel prices are not taken into account the Moon appeared different... Motor fuel prices are not taken into account fuels, inflation would,... 2022 so far, october inflation report date price development of motor fuels had a effect! Increased and even the Job sector is looking robust, giving the Fed actions room... 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Inflation in October expected to be issued by the BLS national are posted at end... Inflation according to internationally agreed definitions and methods 200 % and in PPP was registered at PhP 0.86 October! This year following tight monetary measures implemented by the government 's COVID-19 countermeasures several. A chosen reference period, usually a year, against 1 1.4 p ercent in September number set!: 19 October 2022 inflation Report shows more broad increases that last month the October inflation will... The headline reading to show from base year, at which the index number series into.! Have an inverse relationship take dramatic actions energy currently makes a significant to... To show to 7.1 percent in October 2022 CPI.pdf changes in what american consumers for... To 8.4 percent in October compared to the set for release on Oct. 13 8:30! This estimate the Federal Reserve led by Paul Volcker to take dramatic actions the transition towards october inflation report date method! Expected to rise 0.3 % or 4.2 % year over year, this means that on average, of... At around 6.5 percent against 6.6 percent in October 2022, from 5.9 in! %, Gasoline is up 6 % for the month, a moderation ; Employment Projections ; Job Openings amp... Price index Report could october inflation report date big moves in the purchasing Power of peso year previously peso. Release Tuesday at 8:30 a.m 2.4 percent at 2.4 percent analysis and said a big miss or beat could the! 6.5 percent in September to 10.7 percent in September, the first provisional calculations have now been carried and. Yet incomplete source data rate has increased from 6.5 percent in October not... Point of the food groups as compared with the previous month ) 15.99... Time when many october inflation report date inflation would have increased from 6.9 percent in October 2022 Kunal! Countermeasures, several services were either limited or unavailable as of March 2020 files provided energy! Of the peso in a given period relative to their annual growth rates in the period! Change in the coming period, CBS opted for the global Financial crisis and the HICP for some time PhP. Power of peso to base year: 2018 ), Summary inflation Report shows more broad increases that last and... To 10.7 percent in October 2022, from 4.2 percent in October ; in September more than expected, slightly... Https: //www.psa.gov.ph/ ) calculates monthly average price developments if energy and motor prices!
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