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Adjusted from August 21 by virtue of Proclamation No. 665, series of 2024. August 26 (2024) National Heroes Day: Araw ng mga Bayani: Movable Regular Anniversary of the 1896 Cry of Pugad Lawin by the Katipunan which began the Philippine Revolution and commemorates all the nation's heroes. Held on the last Monday of August.
The Consumer Price Index (CPI) increased 2.4% over the prior year in September, a slight deceleration compared to August's 2.5% annual gain in prices. The yearly increase, which was the lowest ...
August 12 – President Marcos declares August 13, 2024 to August 12, 2025, the centennial year for Ilocano master weaver and national living treasure Magdalena Gamayo. [433] August 18 – Nathaniel Tiu is crowned Mister Earth International 2024 in Colombia. [434]
The Philippines’ inflation target is measured through the Consumer Price Index (CPI). For 2009, inflation target has been set to be 3.5 percent, having a 1% tolerance level, and 4.5 percent for 2010, also having 1% tolerance. Also, the Monetary Board of the Philippines announced a target of around 4±1 percent from 2012 to 2014. [14]
The consumer price index released on October 10 showed inflation cooling to its lowest level since February 2021, with a 2.4% year-over-year increase in consumer prices in September, down from 2.5 ...
It was near the upper end of the central bank's 2.2% to 3.0% forecast range, and faster than the median 2.5% estimate in a Reuters' poll, which matched June's rate. Philippines July CPI rises but ...
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 ...
Since 1996 the United Kingdom has also tracked a Consumer Price Index (CPI) figure, and in December 2003 its inflation target was changed to one based on the CPI [39] normally set at 2%. [40] Both the CPI and the RPI are published monthly by the Office for National Statistics. Some rates are linked to the CPI, others to the RPI.