Cost of living price index (1948-1952)

Media

Part of The American Chamber of Commerce Journal

Title
Cost of living price index (1948-1952)
Creator
Philippines. Bureau of Census and Statistics.
Language
English
Year
1953
Rights
In Copyright - Educational Use Permitted
Fulltext
March, 1953 AMERICAN CHAMBER OF COMMERCE JOURNAL 123 COST OF LIVING PRICE INDEX FOR WAGE EARNER’S FAMILY1 IN MANILA BY MONTH, 1948 TO 1952 * (1941 = 100) Bureau of the Census and Statistics, Manila 1948 1 All 1 (100) Food (63.43) House 1 Rent (11-96) | Cloth- iFuel. LightlMiscel- ■^gPowo (2?04) |‘■nd Watei (7.73) rlaneous |(14.84) January.... .. 390.7 427.6 453.9 224.5 304.6 249.9 .2560 February. . . . 369.8 394.0 453.9 223.8 301.1 254.4 .2708 March........... .. 349.4 361.0 453.9 214.6 308.1 255.9 .2862 April............. .. 354.6 374.1 453.9 209.4 289.7 254.8 .2820 May.............. .. 349.8 360.2 453.9 214.2 289.7 271.6 . 2859 June.............. .. 354.3 370.4 453.9 205.2 283.2 262.9 .2823 July............... .. 356.4 374.2 453.9 201.3 281.6 262.4 .2806 August......... .. 363.6 385.7 453.9 199.8 281.6 261.7 .2751 September. . . 370.6 397.2 453.9 199.2 279.6 260.6 .2698 October........ .. 374.9 404.0 453.9 204.8 283.2 257.9 .2668 November... . 368.7 394.4 453.9 202.0 281.6 258.7 .2712 December. .. .. 365.9 389.9 453.9 202.0 282.4 258.9 .2732 1949 343.7 357.9 453.9 198 4 272 9 251.1 .2910 January.... . 363.8 386.8 453.9 202.0 279.0 258.9 .2750 February. . . . 343.8 355.5 453.9 203.0 277.5 258.9 .2909 March.......... . 345.3 358.2 453.9 202.0 276.3 258.5 .2896 April............. .. 348.7 362.6 453.9 197.6 287.5 257.1 .2868 May.............. .. 348.8 362.8 453.9 197.2 287.5 257.1 .2867 June.............. . 349.0 362.9 453.9 203.9 287.5 257.2 .2865 July............... .. 351.7 374.0 453.9 194.2 265.8 240.5 .2844 August.......... .. 337.5 351.2 453.9 196.3 266.6 241.2 .2963 September. . . 333.6 345.1 453.9 190.3 264.8 243.1 .2998 October........ .. 332.9 343.3 453.9 199.9 264.8 245.0 .3004 November. . . 339.6 356,1 453.9 191.1 258.4 239.8 .2945 December. .. . 329.6 335.9 453.9 202.9 259.5 256.2 .3035 1950 337.5 333.7 453.9 270.7 252.0 313.f1 .2963 January.... . 332.3 336.8 453.9 238.0 253.1 269.3 .3010 February. . . . 336.9 340.2 453.9 233.3 257.8 284.1 .2969 March.......... . 339.0 341.4 453.9 236.7 257.8 292.6 .2950 April............. .. 331.8 328.6 453.9 237.7 252.9 301.2 .3015 May.............. .. 320.2 308.6 453.9 244.7 249.7 309.1 .3123 June.............. .. 323.1 310.9 453.9 243.5 249.7 319.1 .3095 July............... .. 332.0 322.4 453.9 252.6 249.7 328.7 .3012 August.......... .. 334.4 325.9 453.9 258.7 251.1 328.4 .2990 September. . .. 341.3 335.0 453.9 317.4 252.5 327.5 .2930 October........ .. 352.8 351.1 453.9 337.3 249.7 334.5 .2835 November. . .. 354.1 353.2 453.9 322.8 249.7 335.9 .2825 December. .. .. 352.2 350.5 453.9 325.2 249.7 334.8 .2839 1951 ' 360.1 361.4 453.9 365.3 248.0 336.5 .2777 January.... .. 355.2 355.0 453.9 331.5 249.7 334.6 .2816 February. . . . . 358.4 359.8 453.9 342.8 249.7 334.4 .2790 March.......... . . 352.4 349.3 453.9 379.4 248.8 334.3 .2838 April............. .. 361.2 362.6 453.9 398.6 247.5 334.7 .2769 May.............. .. 365.0 367.0 453.9 410.4 247.5 339.5 .2740 June.............. .. 367.8 372.0 453.9 399.5 247.5 337.7 .2719 July............... .. 366.3 370.1 453.9 382.0 247.5 339.0 .2730 August.......... .. 365.1 371.4 453.9 354.0 247.5 329.1 .2739 September. . .. 363.0 369.0 453.9 356.4 247.5 325.4 .2755 October........ .. 358.1 361.1 453.9 350.4 247.5 326.7 .2793 November. . .. 351.1 351.1 453.9 343.8 247.5 323.3 .2848 December. .. .. 349.0 348.9 453.9 335.2 247.5 319.4 .2865 1952 346.4 347.4 453 9 280 6 244.1 317.7 .2887 January.... .. 355.1 357.8 453.9 323.0 247.5 324.6 .2816 February. . . .. 348.0 349.8 453.9 282.9 243.4 318.3 .2874 March.......... . . 344.3 345.1 453.9 273.7 243.4 315.0 .2904 April............. .. 342.7 342.7 453.9 276.1 243.4 313.8 .2918 May.............. . . 342.2 341.8 453.9 279.9 243.4 313.8 .2922 June.............. . . 345.4 346.3 453.9 277.1 243.4 316.3 .2895 July............... .. 347.6 349.5 453.9 273.6 243.4 318.3 .2877 Aug................ . . 347.9 349.4 453.9 276.1 243.4 320.4 .2874 September. . .. 348.3 350.0 453.9 274.8 243.4 320.5 .2871 October......... .. 344.5 344.6 453.9 276.2 243.4 317.8 .2903 November.. . . 347.5 349.3 453.9 274.7 243.4 318.3 .2878 December.,. . 347.9 348.9 453.9 271.5 247 5 321.2 .2874 1953 January . . . . .. 344.3 343.2 453.9 271.0 247.5 321.4 .2904 February.. . . .. 330.1 321.1 453.9 268.8 243.4 322.3 .3029 1 Average number of persons in a family = 4.9 members. V' * For explanatory note, see the August, 1951, Journal. EXPLANATORY NOTES FOR THE FEBRUARY COST OF LIVING PRICE INDEX THE coat of living price index for February, 1953, went down by 14.2 points, or 4.12%, as compared with that for January, 1953. The January over-all index was 344.3 while the February over-all index is 330.1. Responsible for the sharp decline are the budgetary groups for Foodstuffs which dropped from 343.2 to 321.1 points, down by 22.1 points, or 6.44%, clothing from 271.0 to 268.8, a de­ crease of 2.2 points; and Fuel-Light-Water from 247.5 to 243.4, a decrease of 4.1 points. The index for Miscellaneous went up slightly from 321.4 to 322.3 points. The index for House Rent remained stationary at 453.9. Due to the decline of the over-all index, the purchasing power of the wage earners’ peso inversely rose from P.29O4 (January) to P.3029 (February) or a gain of P.0125. The items which brought about the decline of the Foodstuffs index are the following: rice, meat, eggs, and vegetables. Rice which is heavily weighted, prin­ cipally gave rise to the downward trend of the over-all cost of living price index. The average monthly price of rice for January was Pl.08, while that for February, P0.93 a ganta. The items for denim and khaki (long pants, ready-made) under Clothing, and kerosene under Fuel-Light-Water also registered minor decreases. INSURANCE FIRE- MARINE- CASUALTY FIDELITY and SURETY BONDS ATLAS ASSURANCE CO. LTD. TIIE EMPLOYERS’ LIABILITY CONTINENTAL INSURANCE CO. ASSURANCE CORPORATION Eld. LAW UNION & ROCK INSURANCE CO., LTD. INSURANCE COMPANY OF NORTH AMERICA FILIPINAS COMPANIA DE SECUROS E. E. ELSER, Inc. GENERAL AGENTS Tel. 2-77-58—518-520 Ayala Bldg., Manila—Cable “ELSINC” Philippine distributors: Menzi fir CO.« INC. CEBU * MANILA • ILOILO