OCTOBER 2016
HIS EXCELLENCY
JOSIE B. PEREZ
Deputy National Statistician
ISSN-0118-1572
FOREWORD
The monthly Economic Indicators is a regular publication of the Philippine Statistics Authority (PSA). It presents the latest available monthly
statistical indicators of the levels and trends of the country's economic activities and performance. These indicators have been carefully identified
to meet the varying needs of policymakers, decisionmakers and other researchers for more relevant data.
To guide data users towards a more meaningful analysis of economic behavior and events, the indicators are presented in a moving
thirteenmonth time series. In addition, the Summary Tables of the Quarterly Indices on Gross Revenue, 2014 2015 are included as special
feature for this issue.
We gratefully acknowledge the sustained support and contribution of the various source agencies for providing the PSA with the necessary
data inputs. The regular and timely release of this publication depends greatly on the goodwill of the following cooperating
agencies/organizations:
III
TABLE OF CONTENTS
V
F. PRICES G. MONEY AND BANKING
1. Headline inflation rate F1 1. Broad money liabilities by composition G1
2. Purchasing power of peso F1 2. Broad money liabilities by origin G1
3. Consumer price index (CPI) in the Philippines F1 3. Factors affecting broad money liabilities G1
4. CPI in the National Capital Region F1 4. Liquidity aggregates of depository corporations G2
5. CPI in areas outside National Capital Region F1 5. Gross international reserves of the Central Bank G2
6. Consumer Price Index (CPI) by region F2 6. Reserve money G2
7. CPI of food, beverages, and tobacco in NCR F3 7. Interest rates G2
8. General Wholesale Price Index in Philippines F3 8. Loans by type of commercial banks G3
9. General Wholesale Price Index in Luzon F4 9. Balance of payment G4
10. General Wholesale Price Index in Visayas F4 10. Shares and stocks G5
11. General Wholesale Price Index in Mindanao F5
12. Retail Price Index (RPI) in NCR F5 H. PUBLIC FINANCE
13. RPI of selected construction materials in NCR F6 1. National government outstanding debt H1
14. WPI of selected construction materials in NCR F6 2. National government debt service H1
15. Producers' price index for manufacturing by industry F7 3. National government cash operations H2
GLOSSARY OF TERMS
Symbols Meaning
VI
NOTES ON THE MONTHLY INDICATORS
VII
PART E. EMPLOYMENT PART H. PUBLIC FINANCE
Statistics on strike notices, and actual strikes per month are generated The collections data of the Bureau of Customs (BOC) refer to amounts
by the National Conciliation and Mediation Board (NCMB). On the other collected during the indicated months only. Cumulative levels can be
hand, data on overseas employment are provided by the Philippine derived by adding a number of successive figures.
Overseas Employment Administration (POEA).
The BSP data on internal debt are reported as outstanding levels as of
the end of each month. The difference between two successive figures
represents the increments or change in level during a specific month.
PART F. PRICES
Data on prices of agricultural commodities are collected by the PSA. Data on the cash operations of the National Government are supplied
Various price indices, which the agency produces, are also presented in by the Bureau of Treasury. The figures represent transactions made during
this section. These are the consumer price index, retail price index, the indicated months only.
general wholesale price index, and wholesale price index of construction
materials. The inflation rates and the purchasing power of peso, which are
computed based on the consumer price index, likewise appear in this
section. On the other hand, data on world prices on selected commodities
are provided by the BSP.
Data on money and banking are obtained from the BSP while data on
shares and stocks are sourced from Philippine Stock Exchange,
Incorporated.
VIII
SUMMARY OF MAJOR INDICATORS
1. LRT Gross revenue collectionLine 1 (million pesos) Aug 2015 253 254 (0.39) Aug 2014 217 16.86
2. Visitor arrivals to the Philippines Aug 2016 502,739 560,872 (10.36) Aug 2015 480,689 4.59
3. Salary remittances of overseas Filipino workers
(million US$) Aug 2016 2,319.0 2,130.9 8.83 Aug 2015 1,994.1 16.29
4. Total merchandise imports (F.O.B. million US$) Sep 2016 7,101.0 6,927.0 2.51 Sep 2015 6,255.0 13.53
5. Total merchandise exports (F.O.B. million US$) Sep 2016 5,211.0 4,975.0 4.74 Sep 2015 4,960.0 5.06
6. Consumer price index (2006=100) All Items
a. Philippines Oct 2016 144.9 144.6 0.21 Oct 2015 141.6 2.33
b. National Capital Region (NCR) Oct 2016 134.5 134.1 0.30 Oct 2015 131.7 2.13
c. Areas outside National Capital Region (AONCR) Oct 2016 148.2 147.9 0.20 Oct 2015 144.7 2.42
7. Wholesale price index in the Philippines
All Items Aug 2016 226.2 226.9 (0.31) Aug 2015 224.5 0.76
8. Wholesale price index in Luzon
All Items Aug 2016 229.4 230.2 (0.35) Aug 2015 228.5 0.39
9. Wholesale price index in Visayas
All Items Aug 2016 216.4 217.3 (0.41) Aug 2015 210.4 2.85
10. Wholesale price index in Mindanao
All Items Aug 2016 210.7 210.6 0.05 Aug 2015 207.0 1.79
11. Broad money (million P) (SRFBased) Sep 2016 8,840,349 8,719,479 1.39 Sep 2015 7,851,449 12.60
IX
SUMMARY OF MAJOR INDICATORS
B. CUMULATIVE LEVELS
1. LRT Gross revenue collectionLine 1 (million pesos) JanAug 2015 2,008 JanAug 2014 1,661 20.93 251 8.00
2. Visitor arrivals to the Philippines JanAug 2016 4,042,049 JanAug 2015 3,590,038 12.59 5,360,682 0.75
3. Salary remittances of overseas Filipino workers
(million US$) JanAug 2016 17,642.3 JanAug 2015 16,868.5 4.59 25,606.8 0.69
4. Total merchandise imports (F.O.B. million US$) JanSep 2016 59,506.0 JanSep 2015 50,805.2 17.13 69,679.2 0.85
5. Total merchandise exports (F.O.B. million US$) JanSep 2016 41,690.2 JanSep 2015 44,402.9 (6.11) 58,770.9 0.71
6. Change in broad money (million P) (SRFBased) JanSep2016 (459,196) JanSep 2015 (310,936) 47.68 8,426,170 (0.05)
7. National government cash operations (million P)
a. Revenues JanSep 2016 1,646,634 JanSep 2015 1,604,977 2.60 2,108,956 0.78
b. Expenditures JanSep 2016 1,860,437 JanSep 2015 1,630,529 14.10 2,230,645 0.83
X
SPECIAL FEATURE
Table 1
QUARTERLY INDICES ON GROSS REVENUE, First Quarter 2014 to Fourth Quarter 2015
At Current Prices
(1978=100)
Transportation
Year/Quarter TOTAL Manufacturing Trade and Finance Real Estate Private Services
Communication
2014
Quarter 1 9,918.0 4,640.8 17,247.0 9,400.3 11,090.0 3,020.1 5,315.5
Quarter 2 10,696.5 5,187.3 18,450.8 10,831.2 12,357.4 4,418.0 4,684.2
Quarter 3 10,665.0 4,643.2 19,066.2 10,342.6 14,077.5 3,223.5 4,949.3
Quarter 4 11,629.1 5,694.8 20,126.8 1,022.1 14,149.5 3,739.4 5,627.7
2015
Quarter 1 10,647.3 5,109.2 18,291.6 10,558.9 11,525.5 3,432.6 5,711.0
Quarter 2 11,316.4 5,265.2 19,716.9 11,842.2 13,298.5 4,652.3 5,094.8
Quarter 3 11,127.1 4,559.5 20,124.7 11,329.7 15,120.8 3,461.0 5,418.2
Quarter 4 12,320.8 5,895.7 21,470.1 11,207.8 15,347.3 4,215.5 5,762.8
Table 2
QUARTERLY INDICES ON EMPLOYMENT, First Quarter 2014 to Fourth Quarter 2015
(1978=100)
Transportation
Mining and Electricity and
Year/Quarter TOTAL Manufacturing Trade and Finance Real Estate Private Services
Quarrying Water
Communication
2014
Quarter 1 175.3 18.9 211.4 185.4 139.5 96.0 204.0 76.5 158.2
Quarter 2 213.6 13.9 285.2 142.6 141.1 97.3 207.7 79.3 163.5
Quarter 3 174.8 19.8 208.7 141.1 141.3 95.4 213.6 81.2 165.6
Quarter 4 167.4 11.7 192.5 149.3 145.1 95.6 216.0 83.5 167.3
2015
Quarter 1 182.0 19.5 219.3 184.8 139.7 95.6 220.1 88.3 170.8
Quarter 2 219.5 14.4 293.6 144.1 138.2 95.8 224.3 89.3 173.0
Quarter 3 179.7 20.4 216.2 141.6 139.4 95.5 218.2 85.8 172.9
Quarter 4 172.8 11.1 200.9 151.1 143.9 96.5 219.1 92.9 173.3
XI
SPECIAL FEATURE
Table 3
QUARTERLY INDICES ON COMPENSATION, First Quarter 2014 to Fourth Quarter 2015
At Current Prices
(1978=100)
Transportation
Mining and Electricity and
Year/Quarter TOTAL Manufacturing Trade and Finance Real Estate Private Services
Quarrying Water
Communication
2014
Quarter 1 4,232.0 567.1 2,169.2 6,020.8 3,118.9 5,668.0 4,237.0 1,161.7 10,980.9
Quarter 2 5,173.4 638.9 4,066.4 6,279.9 3,143.2 5,704.7 4,962.3 1,197.4 10,884.4
Quarter 3 4,671.4 1,273.9 3,038.6 7,305.1 3,085.8 5,341.2 4,509.8 1,159.0 10,893.4
Quarter 4 4,659.7 562.5 2,631.8 6,109.9 3,283.0 5,831.0 4,943.8 1,240.3 11,956.2
2015
Quarter 1 4,486.5 555.9 2,413.1 6,104.0 3,129.3 5,709.2 5,038.6 1,395.0 11,788.4
Quarter 2 5,477.4 610.4 4,311.6 6,432.7 3,175.5 5,754.4 5,513.7 1,396.3 11,966.7
Quarter 3 4,947.4 1,294.5 3,283.9 7,784.3 3,135.5 5,406.1 4,661.8 1,239.6 11,670.1
Quarter 4 4,941.7 511.2 2,825.2 6,180.5 3,320.3 5,992.4 5,037.0 1,447.6 12,985.7
Table 4
QUARTERLY INDICES ON COMPENSATION PER EMPLOYEE, First Quarter 2014 to Fourth Quarter 2015
At Current Prices
(1978=100)
Transportation
Mining and Electricity and
Year/Quarter TOTAL Manufacturing Trade and Finance Real Estate Private Services
Quarrying Water
Communication
2014
Quarter 1 2,413.8 3,004.7 1,026.3 3,246.9 2,235.8 5,905.9 2,077.3 1,517.7 6,941.2
Quarter 2 2,422.3 4,600.7 1,425.9 4,403.5 2,228.1 5,865.0 2,389.6 1,509.3 6,655.2
Quarter 3 2,673.1 6,419.0 1,456.0 5,177.9 2,184.3 5,600.1 2,111.2 1,427.8 6,579.1
Quarter 4 2,783.9 4,805.1 1,367.1 4,091.6 2,263.3 6,100.6 2,289.1 1,486.2 7,145.3
2015
Quarter 1 2,464.6 2,852.3 1,100.6 3,302.6 2,240.7 5,969.7 2,288.9 1,580.3 6,902.5
Quarter 2 2,495.0 4,233.9 1,468.8 4,464.6 2,296.9 6,008.5 2,458.4 1,559.1 6,915.2
Quarter 3 2,752.7 6,354.4 1,519.3 5,497.1 2,250.0 5,659.7 2,136.7 1,445.0 6,748.1
Quarter 4 2,860.3 4,615.5 1,406.1 4,089.5 2,307.8 6,210.3 2,298.7 1,558.0 7,494.5
XII
SPECIAL FEATURE
Table 5
QUARTERLY INDICES ON COMPENSATION PER EMPLOYEE, First Quarter 2014 to Fourth Quarter 2015
At Constant Prices
(1978=100)
Transportation
Mining and Electricity and
Year/Quarter TOTAL Manufacturing Trade and Finance Real Estate Private Services
Quarrying Water
Communication
2014
Quarter 1 110.7 137.9 47.1 149.0 102.6 271.0 95.3 69.6 318.4
Quarter 2 110.4 209.7 65.0 200.8 101.6 267.4 108.9 68.8 303.4
Quarter 3 119.9 288.0 65.3 232.3 98.0 251.3 94.7 64.1 295.2
Quarter 4 126.3 218.0 62.0 185.6 102.7 276.8 103.9 67.4 324.2
2015
Quarter 1 110.4 127.8 49.3 147.9 100.4 267.4 102.5 70.8 309.2
Quarter 2 111.9 189.9 65.9 200.2 103.0 269.5 110.3 69.9 310.1
Quarter 3 122.8 283.4 67.8 245.2 100.4 252.4 95.3 64.5 301.0
Quarter 4 128.5 207.4 63.2 183.7 103.7 279.0 103.3 70.0 336.7
XIII
A. PRODUCTION AND CONSUMPTION
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
A-1
A. PRODUCTION AND CONSUMPTION (concluded)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
3. Index of volume of production of key manufacturing
enterprises by industry (2000=100) Average
MANUFACTURING 141.7 143.8 143.3 125.5 145.4 117.0 129.6 128.8 131.1 136.2 138.7 142.1 146.5
a. Food 131.1 132.3 133.5 118.5 134.0 140.7 148.7 141.6 133.3 116.8 121.7 120.2 122.4
b. Beverages 120.8 126.4 140.2 125.9 130.1 118.2 135.8 132.9 136.0 151.3 131.7 133.6 132.9
c. Tobacco products 10.3 8.3 7.9 6.9 5.2 5.4 6.9 5.8 6.6 8.7 8.7 8.7 8.1
d. Textile 35.6 33.2 33.4 40.9 33.6 33.9 40.8 34.1 37.2 36.8 37.2 36.2 44.1
e. Footwear and wearing apparel 29.4 26.5 34.2 27.4 20.6 22.9 24.5 27.7 25.8 27.0 29.7 27.6 26.5
f. Wood and wood products 63.4 64.7 60.4 60.2 51.8 54.7 67.0 61.2 63.0 65.3 66.2 63.5 71.4
g. Furniture and fixtures 868.8 741.7 849.9 809.4 794.4 668.5 959.1 570.1 664.4 796.4 670.1 724.8 626.0
h. Paper and paper products 76.6 74.4 72.8 74.9 71.8 74.0 78.0 81.2 78.7 69.9 73.7 72.5 72.0
i. Publishing and printing 182.4 174.0 131.7 143.4 172.3 184.5 134.2 124.7 124.8 160.3 151.2 132.8 145.7
j. Leather products 4.9 5.1 4.7 4.5 0.7 0.7 0.8 0.7 0.7 0.7 0.7 0.7 0.6
k. Rubber and plastic products 111.1 108.8 103.5 100.0 117.7 119.2 129.4 133.2 133.1 135.2 135.8 143.3 137.4
l. Petroleum products 40.4 32.5 36.3 46.8 39.6 37.7 36.9 32.3 39.2 47.4 53.5 52.5 58.4
m. Non metallic mineral products 142.1 141.2 147.8 138.0 125.4 130.6 137.2 138.8 141.8 142.7 138.7 138.9 137.7
m.1 Cement 179.0 179.1 188.0 182.4 150.7 161.5 170.9 175.8 187.3 183.9 184.1 181.3 176.1
m.2 Glass and glass products 133.7 126.6 132.4 135.5 119.3 118.1 122.6 124.7 104.8 131.3 104.5 111.9 129.8
n. Miscellaneous nonmetallic minerals 45.8 45.3 45.7 45.3 40.7 43.6 47.1 47.3 48.4 49.2 45.0 49.5 51.8
o. Basic metals 146.8 155.9 136.8 131.9 113.0 132.6 169.4 174.5 179.9 173.7 167.8 166.8 170.5
p. Iron and steel 108.5 113.6 117.7 120.1 114.4 113.9 116.5 123.3 131.4 133.8 129.6 123.5 121.3
q. Transport equipment 134.8 133.4 125.7 124.9 126.6 134.9 119.0 140.4 145.5 173.2 160.2 158.5 158.0
r. Electrical machinery 106.2 104.8 101.1 101.0 109.4 102.5 111.9 103.9 93.9 92.7 98.7 99.8 100.8
s. Miscellaneous manufactures 117.3 113.5 98.5 108.9 94.9 102.8 102.2 116.1 116.1 111.6 104.2 103.3 101.6
B. SALES
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
1. Automotive Vehicle Sales 28,667 26,979 26,679 288,609 23,808 25,150 27,516 27,697 30,317 32,993 29,967 32,472 31,451
Passenger Cars 11,235 10,649 10,461 116,381 8,632 9,819 11,345 9,920 10,893 11,951 11,230 11,136 12,110
Commercial Vehicles 17,432 16,330 16,218 172,228 15,176 15,331 16,171 17,777 19,424 21,042 18,737 21,336 19,341
A-2
C. TRANSPORTATION AND TOURISM
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
1. Light Rail Transit Authority average
1.1 Line 1
a. No. of passengers (million) 12
b. Load factor (%) 98
c. Gross revenue collection
(million) 251
1.2 Line 2
a. No. of passengers (million) 5 5 5 5 6 6 5 4 6 6
b. Load factor (%) 55 53 55 54 60 59 57 43 56 58
c. Gross revenue collection
(million) 107 103 107 104 114 112 101 98 109 114
Sources : 1. Light Rail Transit Authority; 2. Metrostar Express; and 3. Land Transportation Office
C-1
C. TRANSPORTATION AND TOURISM (continued)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
C-2
C. TRANSPORTATION AND TOURISM (continued)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
C-3
C. TRANSPORTATION AND TOURISM (concluded)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
C-4
D. EXTERNAL SECTOR
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
1. Guiding rate average (P per US$) Average
a. BSP rates
1. Buying rate 46.105 46.750 46.980 45.248 47.20 47.25 45.80 40.90 46.50 44.95 45.35 46.20 48.10 48.20
2. Selling rate 46.605 47.250 47.480 45.748 47.70 47.75 46.30 41.40 47.00 45.45 45.85 46.70 48.60 48.70
b. PDS reference rate 46.361 47.007 47.230 45.503 47.51 47.64 46.03 41.14 46.75 45.19 45.62 46.47 48.33
D-1
D. EXTERNAL SECTOR (continued)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
6. Total value of merchandise imports by
type of good (F.O.B. in million U.S.$) 6,534.0 6,095.0 6,245.0 69,679.2 6,825.0 5,414.0 6,357.9 6,529.0 6,736.0 6,853.0 6,732.0 6,926.5 7,100.7
a. Machinery other than electric 4,312.0 672.1
b. Mineral fuels, lubricants
and related materials 524.8 582.9 649.3 7,486.2 697.4 420.9 591.9 694.5 640.0 768.0 626.0 607.1 705.6
c. Base metals 1,058.5 1.0 161.5
d. Cereals and cereal preparations 153.9 209.1 73.6 1,740.6 140.6 111.2 113.9 118.3 145.3 90.9 106.2 106.6
e. Transport equipment 685.8 484.3 340.2 5,730.3 687.9 505.5 690.4 668.2 703.6 714.0 584.6 870.5 804.8
f. Organic and inorganic chemicals 109.4 91.8 57.2 1,193.3 117.7 103.3 127.5 123.0 111.4 131.6 125.8 145.4 115.2
g. Chemical materials and products 80.2 69.1 49.4 938.0 90.6 79.8 103.3 103.4 104.3 93.8 104.0 115.0 103.2
h. Electric machinery, apparatus
and appliances 5,295.2
i. Textiles fibers (not manufactured into
yarn, thread of fabrics) and waste silk 15.0 6.5 97.7 8.7 7.7 7.6 9.8 11.4 97.4 12.3 13.2
j. Dairy products 55.9 49.9 17.9 710.0 56.4 63.2 78.3 64.6 73.6 61.2 63.7 68.8 63.7
k. Manufactures of metals 127.4 87.3 1,002.5
l. Textile yarn, fabrics, madeup
articles and related products 89.1 72.4 44.3 804.3 95.4 78.7 78.9 90.6 106.0 97.4 90.7 93.7 99.8
m. Paper, paperboard and manufactures
thereof 75.7 66.4 29.4 834.3 74.5 93.5
n. Professional, scientific and controlling
instruments; photographic and optical
goods, watches & clocks 74.1 66.4 44.3 588.1 64.2 62.7 78.8 68.9 64.3 66.5 83.8 68.0 86.3
o. Medicinal and pharmaceutical products 111.8 93.1 48.2 1,216.3 122.8 120.2 119.1 115.9 120.6 127.5 111.7 132.0 139.8
p. Fish and fish preparation 26.7 39.2 19.9 319.6 30.8 25.9 29.2 20.0 34.5 24.8 44.6 43.3 25.0
q. Miscellaneous manufactured articles 177.5 171.2 106.8 1,771.4 162.4 190.5 185.9 210.8 209.0 264.7 248.0
r. Nonmetallic manufactures,n.e.s 83.7 81.3 52.7 865.6 78.8 83.7 97.3 101.7 103.6 91.3 97.3 102.0
s. Dyeing, tanning and coloring materials 48.4 36.8 17.1 432.9 31.1 25.9 31.3 32.1 35.9 38.9 37.4 37.9 39.2
t. Fertilizers, manufactured 31.4 29.0 18.3 489.4 36.7 40.8 31.1 34.6 27.0 30.0 50.6 31.6 50.7
u. Others 4,205.6 3,809.8 4,582.7 32,793.2 4,565.1 2,860.2 3,937.3 4,097.3 4,270.6 4,196.5 4,384.7 4,231.6 4,517.4
D-2
D. EXTERNAL SECTOR (continued)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
7. Total value of imports by country
of origin (F.O.B. in million U.S.$) 6,534.0 6,095.0 6,245.0 69,679.2 6,825.0 5,414.0 6,357.9 6,560.0 6,736.1 6,852.9 6,731.6 6,926.5 7,100.7
a. United States 615.0 619.6 415.8 7,337.7 606.5 519.3 574.3 553.7 572.4 530.5 572.8 636.0 644.9
b. Japan 724.8 721.1 482.3 6,384.1 727.8 671.7 764.7 751.4 709.5 852.2 825.9 807.8 857.5
c. European Union
France 102.1 50.1 24.5 1,036.6 186.1 48.8 51.5 115.6 41.3 39.3 35.6 47.3 47.4
Germany 138.0 129.3 83.7 2,510.1 135.4 124.5 128.9 131.5 136.8 155.4 150.1 149.6 140.5
Netherlands 35.7 29.0 27.0 388.6 43.8 37.8 42.3 43.4 40.9 41.4 42.8 45.6
United Kingdom 4 288.9 43.9 45.8 37.0 49.2 38.1
Italy 78.6 31.0 15.2 425.6 41.6 37.3 31.1 31.5 41.2 39.7 45.5
d. Middle East
Kuwait 70.6 89.1 105.3 746.2 104.2 76.6 85.1 119.4 58.5 77.6 66.0 77.8 67.1
Saudi Arabia 58.6 88.5 167.4 1,815.2 162.0 57.8 91.8 4.4 67.5 72.6 141.6 65.9 101.6
Bahrain 0.1 0.2 0.1 6.2 0.2 0.5 0.4 0.3 0.2 0.1 *
e. ASEAN Countries
Indonesia 277.1 212.6 133.4 2,928.9 241.4 107.6 305.0 325.7 412.3 365.9 277.3 464.3 404.9
Malaysia 5 360.8 245.0 159.8 3,046.1 279.3 210.5 269.8 274.8 273.0 280.5 250.8 304.8 316.0
Singapore 475.4 423.5 322.4 4,677.9 437.2 366.1 428.8 439.7 435.1 457.3 444.2 410.5 442.0
Thailand 514.6 465.4 293.3 4,282.3 491.2 523.4 620.0 496.4 545.0 531.9 514.1 512.0 571.0
Vietnam 142.6 154.8 77.1 1,179.5 159.9 128.4 169.0 150.5 166.1 153.2 150.3 157.9 162.9
Union of Myanmar (Burma) 0.8 0.8 0.8 17.1 2.5 1.2 2.1 2.3 1.2 1.9 0.9
Cambodia (Democratic Kampuchea) 2.7 1.8 0.8 12.9 2.0 0.8 1.2 2.2 0.9 1.1 1.2
Brunei Darussalam 0.1 * 6.1 * * 1.2 1.9 0.3 1.0 0.7
Lao People's Democratic Rep. * * 0.1 * * 0.3 * *
f. People's Republic of China 1,065.4 1,018.4 689.5 10,832.0 1,228.0 867.3 1,039.7 1,317.8 1,374.5 1,287.1 1,287.2 1,294.5 1,397.8
g. Other Countries
Australia 60.0 60.9 18.5 775.7 45.4 89.8 65.9 86.1 81.0 61.8 58.3 65.0 76.4
Canada 31.7 22.6 11.1 370.9 48.9 34.1 27.4 28.9 35.7 28.3 28.1
Commonwealth of Independent States 36.3 335.6 7.6 3.5 25.1 14.4
Hong Kong 172.4 189.4 108.8 1,818.0 240.4 117.7 170.5 194.5 211.1 200.1 203.8 219.3 196.6
Romania 0.2 0.2 0.2 5.3 0.4 4.9 0.4 0.2 0.4 0.5 0.6
South Korea 410.7 3,267.4 492.7 309.2 447.2 407.9 448.4 444.5 486.0 426.0 418.7
Taiwan 572.8 561.1 256.0 5,260.6 464.8 351.2 402.1 389.2 440.3 490.3 453.0 463.9 390.1
All Others 587.2 980.7 2,852.0 9,923.8 683.2 727.5 593.3 637.5 602.0 664.4 642.2 778.4 865.3
D-3
D. EXTERNAL SECTOR (continued)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
8. Total value of merchandise exports
(F.O.B. in million U.S.$) 4,590.0 5,118.0 4,660.0 58,770.9 4,187.0 4,310.0 4,611.3 4,254.2 4,711.0 4,754.4 4,673.2 4,904.0 5,210.7
a. Logs and lumber 2.3 1.4 1.5 30.7 2.6 2.0 2.1 2.0
b. Copper concentrates 25.6 60.7 68.9 580.4 28.5 57.1 7.4 46.2 24.6 54.9 45.3 48.3
c. Sugar 0.5 26.7 48.7 34.7 0.1 0.1
1
d. Coconut oil 95.7 90.0 48.9 1,095.3 60.6 79.7 48.7 62.3 63.6 105.0 131.8 97.4 85.2
e. Plywood 0.3 0.1
f. Dessicated coconut 9.8 8.8 9.6 158.9 9.7 8.1 8.8 8.6 9.1 13.0 26.8 18.4 33.6
g. Bananas (fresh) 39.3 16.1 24.5 433.4 36.3 50.4 50.6 50.6 44.7 36.7 57.7 45.3 78.5
h. Gold 2 27.6 24.8 28.4 343.7 54.4 39.9 74.0 4.3 48.8 79.2 43.0 52.0 35.7
i. Copraoil cake or meal 6.8 4.2 5.2 69.8 2.9 4.5 3.8 3.1 6.3 2.4 4.8 6.9 4.2
j. Abaca unmanufactured 6.0
k. Pineapple and pineapple products 35.2 54.4 60.7 539.9 60.9 61.4 63.6 62.3 42.7 56.6 50.9 61.9 56.3
l. Molasses inedible 3.4
m. Portland cement 1.2
n. Veneer sheets & corestock 0.9
o. Unmanufactured Tobacco 9.0 3.9 4.9 103.0 4.2 3.2 9.3 9.0 3.3 2.7 3.8 10.4 14.0
p. Iron ore agglomerates (sinters) 10.0 8.4 4.2 93.7 9.6 6.7 7.6 10.0 6.8 11.9 5.8 16.6
q. Shrimps & prawns,fresh,chilled/frozen 2.8 3.9 2.0 29.4 1.5 1.5 0.7 1.2 1.7 2.3 5.1 5.8 7.4
r. Woodcraft and furniture 284.4 326.2 250.9 3,042.1 236.5 262.3 332.8 257.1 303.7 274.3 224.9 254.6 278.9
s. Chromium ore * 1.8 10.7 0.3
t. Electronics and components: 2,388.3 2,773.5 2,528.9 28,254.8 2,141.7 2,130.6 2,355.6 2,257.6 2,263.1 2,429.1 2,400.5 2,633.5 2,669.7
Others
New coverage (starting Jan 2003)
Components/devices (semiconductors) 1,704.3 1,960.5 1,698.8 20,698.5 1,476.3 1,496.3 1,644.7 1,624.5 1,574.2 1,715.4 1,698.6 1,911.8 1,944.7
Electronic data processing 446.4 525.3 508.8 4,688.7 435.9 380.8 393.8 341.8 436.9 433.9 439.2 453.2 489.4
Office equipment 43.0 61.2 43.4 644.5 29.0 13.8 24.9 23.5 68.5 16.0 22.1 19.2 21.2
Consumer electronics 42.0 39.0 51.8 443.9 43.9 51.7 72.0 22.9 28.6 88.6 37.3 32.7 17.6
Telecommunications 60.4 74.9 138.4 535.3 61.0 86.8 80.2 35.9 49.3 61.7 79.8 83.1 74.4
Communication/radar 25.6 53.6 29.8 354.5 31.7 33.0 40.3 40.8 32.6 39.5 43.9 48.0 44.9
Control and instrumentation 49.0 40.9 41.1 581.4 46.6 49.6 48.9 58.4 52.1 56.8 60.0 64.4 54.6
Medical/industrial instrumentation 6.7 8.3 7.4 195.8 9.7 9.1 9.8 10.1 12.1 10.4 8.8 9.4 11.8
Automotive electronics 10.9 9.9 9.4 112.2 7.6 9.6 40.9 9.6 8.8 6.9 10.8 11.7 11.0
u. Articles of apparel and clothing
accessories 70.3 76.9 89.0 1,441.4 86.6 83.0 92.4 95.1 78.0 89.7 100.8 91.4 96.3
v. Cordage, cable, rope & twine 49.0
w. Footwear 3.3 2.5 2.9 51.6 4.1 3.0 2.2 3.3 3.0 3.5 3.6 4.4 4.5
3
x. Tuna 24.1 13.3 19.3 20.8 14.9 13.8 19.5 4.5 14.9 23.0 28.1 20.3 27.8
y. Coffee not roasted, raw or green 0.1
z. Petroleum products 4 22.9 9.4 36.2 252.2 10.0 8.8 0.4 18.6 36.7 17.4 13.1 23.5
aa. Others 1,475.1 1,638.0 1,474.1 22,131.4 1,373.4 1,479.9 1,475.8 1,417.4 1,756.5 1,563.9 1,511.2 1,526.5 1,744.7
1
Includes crude and refined 3 Includes fresh, frozen, prepare
2 4 includes refined petroleum products, manufactures from
Extracted from copper ores & concentrates
Notes : Details may not add up to totals due to rounding.
Preliminary results
D-4
D. EXTERNAL SECTOR (concluded)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
9. Total value of exports by country of
destination (F.O.B. in million U.S.$) 4,590.0 5,118.0 4,660.0 58,770.9 4,187.0 4,310.0 4,611.3 4,254.2 4,714.7 4,754.4 4,673.2 4,904.0 5,210.7
a. United States 2/ 675.3 716.5 696.6 8,745.3 698.9 743.0 672.5 704.3 709.0 740.9 777.0 738.8 737.3
b. Japan 1/ 1,036.4 1,090.8 939.2 12,381.2 950.5 939.6 991.4 850.7 1,034.7 980.5 909.5 1,001.7 1,118.3
c. European Union
France 35.5 37.4 40.4 415.9 37.9 51.3 60.5 57.4 54.0 61.2 67.3 76.3 73.8
Germany 203.1 196.5 302.8 2,646.4 179.5 187.3 187.2 189.6 182.6 203.0 213.1 202.7 221.6
Netherlands 141.0 170.2 95.7 1,772.0 139.5 145.5 125.3 146.2 140.9 131.6 169.7 147.5 133.8
United Kingdom 36.5 408.0 37.2 33.4 38.0 42.0 41.1 39.0 47.1 46.0 43.4
Italy 11.5 16.7 10.2 187.1 83.4 16.6 8.8 17.3 10.2 19.8 8.7
d. Middle East
Kuwait 3.4 2.6 3.0 33.1 2.0 2.7 4.1 4.7 4.2 3.8 3.2
Saudi Arabia 6.3 7.2 6.9 73.0 5.6 6.4 7.5 8.8 6.1 7.0 5.3
Bahrain 0.8 0.6 0.6 9.1 0.5 0.3 1.9 0.4 0.4 0.4 0.6
e. ASEAN Countries
Indonesia 50.1 48.7 56.9 628.2 43.3 78.4 47.3 45.6 66.4 31.5 48.7 39.1 48.3
Malaysia 3/ 83.6 85.6 111.7 1,198.6 81.3 81.5 87.1 105.3 86.8 99.7 98.9 92.6 100.9
Singapore 338.5 303.5 303.3 3,375.1 278.7 289.0 299.6 349.5 276.4 315.5 311.3 346.3 326.7
Thailand 174.3 211.6 179.9 2,263.4 170.5 161.6 178.9 158.1 175.9 174.6 163.8 186.0 205.4
Vietnam 87.0 59.0 70.5 727.1 53.1 53.4 72.1 57.6 54.0 50.4 53.1 60.4 64.0
Union of Myanmar (Burma) 2.9 2.1 1.5 34.1 1.2 2.0 2.0 1.1 1.3 1.2 0.9
Cambodia (Democratic Kampuchea) 1.0 0.7 1.1 8.6 0.9 0.8 1.1 0.9 1.0 1.0 1.0
Brunei Darussalam 0.7 0.7 0.8 11.6 1.0 0.7 0.7 1.1 0.6 0.5 0.6
Lao People's Democratic Rep. 0.0 0.1 0.1 15.7 0.7 0.6 * * * * 0.1
f. People's Republic of China 426.9 503.5 422.1 6,393.0 405.7 392.9 457.4 416.1 493.4 536.1 520.9 558.4 633.4
g. Other Countries
Australia 34.3 36.5 34.7 451.2 29.7 29.1 38.1 35.4 32.3 37.9 45.5 36.4 36.6
Canada 45.1 42.1 39.6 563.5 45.7 37.6 44.1 41.9 38.6 52.7 48.8 47.6 44.0
Commonwealth of Independent States 5.4 39.1 3.5 4.0
Hong Kong 497.7 558.3 574.9 6,199.5 438.8 421.1 574.7 472.0 514.4 589.4 562.3 635.5 590.9
Romania 2.3 1.6 1.9 47.8 2.2 2.2 2.5 1.5 2.5 3.2 2.4
South Korea 174.5 202.3 2,308.9 148.3 186.4 188.7 2.3 160.8 154.6 154.7 169.2 166.3
Taiwan 160.9 385.9 171.8 2,177.1 136.6 139.7 159.3 140.4 164.0 175.3 180.2 189.6 191.9
All Others 354.9 639.7 (4,268.7) 996.8 640.5 307.0 360.6 404.0 462.9 340.1 274.3 329.9 474.1
1/
Includes Okinawa
2/
Includes Alaska and Hawaii
3/
Includes Sabah and Sarawak
Notes : Details may not add up to totals due to rounding.
Preliminary results
Source : Philippine Statistics Authority
D-5
E. EMPLOYMENT
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
1. Strike notices
a. Cases pending, beginning 53 46 32 547 38 38 38 48 39 37 38 38 38 38
b. New notices filed 177 10 7 352 11 14 16 12 11 16 19 115 129 146
c. Cases handled 209 63 848 49 52 54 60 50 53 57 153 167 184
d. Cases disposed 156 17 15 325 11 14 6 21 13 15 12 111 126 141
1. Settled 148 17 14 310 11 14 6 20 11 13 11 103 118 131
2. Assumed jurisdiction by the Secretary 1 1 1 1
3. Certified for compulsory arbitration 1 2
4. Treated as Preventive Mediation Case
5. Other Modes of Disposition
4. Materialized into actual strike/lockout 3 2 1 1 6 6 8
5. Subsumed/Consolidated to AJ/CCA 1 1
6. Others 2 3 1 1 1 1
2. Actual strikes
a. Cases pending, beginning 1 5 2 3
b. New strikes declared 5 5 2 1 2 7 8 10
c. Cases handled 5 1 12 2 3 5 7 4 10
d. Work normalized (Cases Disposed) 4 1 9 2 5
1. Settled 4 1 9 3 4 5
2. Assumed jurisdiction by the Secretary
3. Certified for compulsory arbitration
4. Other Modes of Disposition
e. Workers involved 730 1,380 175 217 146 62,638 675 1,117
f. Mandays lost to date 3,362 1,520 7,444 11,675 1,736 1,846 22,969 30,579 69,272
E-1
F. PRICES
2015 Average 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
F-1
F. PRICES (continued)
2015 Average 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
6. Consumer price index by region (2006=100)
a. All items
1. Philippines 141.6 142.3 142.6 141.5 142.9 142.5 142.6 142.9 143.4 144.0 144.2 144.3 144.6 144.9
2. National Capital Region (NCR) 131.7 132.3 132.2 131.8 132.0 132.1 131.9 132.3 132.7 133.0 133.4 133.6 134.1 134.5
3. Areas Outside NCR 144.7 145.4 145.8 144.6 146.3 145.8 145.9 146.2 146.7 147.4 147.6 147.6 147.9 148.2
Cordillera Autonomous Region 140.1 140.9 141.0 139.4 141.1 140.9 141.1 140.9 140.9 141.6 142.4 141.2 142.3 142.7
Region 1 Ilocos 134.5 135.7 135.7 134.3 136.4 136.3 136.1 135.9 136.2 136.4 136.5 136.4 136.7 136.9
Region 2 Cagayan Valley 144.5 145.1 145.5 143.9 146.7 146.3 146.1 146.5 147.2 147.8 148.1 147.9 148.2 148.4
Region 3 Central Luzon 142.3 143.3 143.4 142.1 143.6 142.9 143.0 143.1 144.0 145.2 145.6 145.7 146.3 146.8
Region 4A CALABARZON 139.2 140.3 140.6 139.7 141.2 140.2 139.9 140.0 140.2 140.6 140.8 140.7 141.1 141.3
Region 4B MIMAROPA 145.0 145.4 145.6 144.8 146.8 147.0 147.1 147.1 147.4 147.7 147.7 147.8 148.3 148.6
Region 5 Bicol 145.1 145.6 145.4 145.6 146.3 146.0 145.9 145.9 146.4 146.8 146.7 147.2 147.7 148.5
Region 6 Western Visayas a/ 151.1 148.2 148.7 147.8 152.1 151.7 151.4 151.4 151.8 152.7 153.2 153.2 153.3 153.6
Region 7 Central Visayas b/ 143.5 145.3 146.0 143.9 145.8 145.7 146.6 147.1 147.5 148.3 148.1 148.4 148.8 149.3
Region 8 Eastern Visayas 152.1 152.4 152.7 151.9 152.6 152.6 152.6 152.5 152.9 153.5 153.8 154.3 154.7 154.9
Region 9 Zamboanga Peninsula 153.8 154.3 155.0 153.6 157.4 156.9 157.0 157.4 158.2 158.5 158.4 158.5 158.3 158.6
Region 10 Northern Mindanao 152.9 153.0 153.1 152.9 153.1 152.9 153.2 154.0 154.6 155.5 155.9 155.9 155.7 156.1
Region 11 Davao 148.9 149.8 150.6 149.0 151.7 151.4 152.2 153.4 153.6 154.6 154.8 154.4 154.0 154.2
Region 12 SOCCSKSARGEN 150.6 151.0 151.7 150.6 152.0 152.0 152.7 154.1 154.9 156.3 156.3 156.7 156.6 156.2
Caraga 159.4 159.9 160.8 159.6 161.1 161.4 161.5 162.0 162.6 162.6 162.9 163.0 163.4 163.5
ARMM 158.2 158.4 158.5 156.4 158.2 159.1 159.2 159.6 160.5 160.9 161.4 161.8 161.8 162.4
NIR Negros Island Region c/ 144.7 154.0 146.1 145.2 145.0 145.2 145.4 146.6 147.1 147.2 147.3 147.3 147.7
b. Food and nonalcoholic beverages
1. Philippines 157.5 159.1 159.0 157.3 160.1 159.2 158.8 159.0 160.0 160.9 161.2 161.4 162.1 162.8
2. National Capital Region (NCR) 149.0 150.8 150.7 148.1 150.7 150.4 149.7 150.2 151.7 152.4 152.9 153.7 155.2 156.7
3. Areas Outside NCR 159.3 160.8 160.8 159.2 162.1 161.0 160.7 160.9 161.7 162.7 163.0 163.0 163.6 164.1
Cordillera Autonomous Region 152.9 154.5 154.7 152.0 155.0 154.2 154.6 153.5 153.4 154.6 156.1 154.4 156.5 157.0
Region 1 Ilocos 148.0 150.8 150.6 147.5 151.3 151.1 150.1 149.6 150.0 150.4 150.6 150.4 150.8 151.1
Region 2 Cagayan Valley 158.9 160.8 160.3 157.8 162.2 160.8 159.8 159.8 161.0 162.3 163.1 162.8 163.1 163.1
Region 3 Central Luzon 154.7 157.4 157.0 154.3 158.1 156.4 156.1 156.1 157.1 158.5 159.3 159.0 160.3 161.0
Region 4A CALABARZON 157.3 159.4 159.8 157.5 162.2 159.4 158.0 157.6 158.0 158.8 158.6 158.8 159.8 160.3
Region 4B MIMAROPA 162.0 162.8 162.9 161.6 164.5 164.9 164.9 164.6 165.0 165.4 165.4 165.7 166.7 167.2
Region 5 Bicol 162.2 163.0 161.6 163.0 163.2 161.6 160.5 160.1 161.1 161.7 161.6 162.4 163.6 165.0
Region 6 Western Visayas a/ 163.5 161.6 161.8 160.5 164.0 162.9 162.2 162.1 162.5 164.3 165.5 165.7 165.8 166.1
Region 7 Central Visayas b/ 154.7 157.5 157.5 155.6 158.5 158.1 159.5 160.4 161.0 162.0 161.4 161.6 162.0 162.3
Region 8 Eastern Visayas 169.9 170.6 170.5 169.8 370.5 170.4 170.1 169.8 170.3 171.2 171.5 172.1 172.5 173.1
Region 9 Zamboanga Peninsula 164.8 163.7 163.8 163.3 165.3 165.1 164.7 165.4 166.5 166.8 166.6 166.5 165.7 166.2
Region 10 Northern Mindanao 164.8 165.0 164.6 165.6 165.0 164.6 165.1 165.9 166.5 167.6 168.3 168.2 168.1 168.3
Region 11 Davao 164.4 165.6 166.6 165.7 168.7 168.5 169.1 170.8 170.9 172.1 172.5 171.7 171.1 171.5
Region 12 SOCCSKSARGEN 158.7 158.4 159.0 158.3 159.3 159.2 160.4 162.5 164.8 165.8 166.3 166.5 165.9 165.7
Caraga 166.6 166.9 168.1 167.4 168.8 169.6 169.6 170.2 171.1 171.6 171.9 172.1 172.5 173.0
ARMM 178.0 178.2 178.1 175.1 178.7 179.3 179.3 179.8 180.9 181.6 182.4 182.9 183.0 183.8
NIR Negros Island Region c/ 157.9 158.9 158.2 145.2 159.4 159.5 159.7 162.0 163.1 163.7 163.8 164.1 164.7
a/ Excludes the province of Negros Occidental
b/ Excludes the province of Negros Oriental
c/ Consists of provinces of Negros Occidental and Negros Oriental
F-2
F. PRICES (continued)
F-3
F. PRICES (continued)
2015 Average 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
9. General wholesale price index in Luzon
(1998=100)
ALL ITEMS 227.8 228.5 224.9 227.4 221.8 222.5 224.9 226.6 229.4 231.4 230.2 229.4
a. Food 220.3 221.7 225.3 219.5 222.3 225.7 225.9 222.8 224.9 227.3 226.4 226.9
b. Beverages and tobacco 249.3 249.3 251.0 247.8 252.2 252.4 252.5 253.3 253.3 253.9 253.9 254.7
c. Crude materials, inedible, except fuels 218.1 221.4 228.1 220.4 234.1 245.5 265.9 277.2 265.6 269.8 265.7 260.3
d. Mineral fuels, lubricants and
related materials 479.3 478.9 421.0 480.6 394.0 382.6 404.8 423.8 450.6 461.0 452.7 444.3
e. Chemicals including animal and
vegetable oils and fats 217.1 217.2 218.5 216.1 218.8 221.6 218.7 228.4 225.8 226.9 226.7 224.8
f. Manufactured goods classified
chiefly by materials 176.7 176.8 176.8 176.0 176.6 176.3 176.4 176.6 176.8 177.0 177.2 177.4
g. Machinery and transport
equipment 160.0 160.0 160.0 160.0 159.6 160.1 160.1 160.1 160.1 160.1 160.0 160.0
h. Miscellaneous manufactured
articles 212.7 213.2 213.6 212.0 216.2 215.7 215.7 215.7 216.0 216.0 216.0 216.0
10. General wholesale price index in Visayas
(1998=100)
ALL ITEMS 211.7 211.9 212.5 211.4 210.0 210.6 212.1 212.3 212.4 213.4 217.3 216.4
a. Food 237.2 238.0 243.7 235.1 242.2 240.3 240.6 240.9 240.5 239.4 250.0 250.2
b. Beverages and tobacco 241.3 241.1 241.2 237.5 241.2 242.8 243.3 243.3 243.8 243.8 243.8 243.8
c. Crude materials, inedible, except fuels 232.9 231.5 229.1 238.7 229.2 254.8 277.8 274.5 267.8 273.0 261.4 259.2
d. Mineral fuels, lubricants and
related materials 350.5 350.5 332.1 360.2 306.7 314.6 326.5 329.2 333.4 350.2 345.2 346.5
e. Chemicals including animal and
vegetable oils and fats 170.6 170.7 170.6 170.2 170.5 170.5 170.5 170.7 170.5 171.0 178.0 172.7
f. Manufactured goods classified
chiefly by materials 178.9 179.0 178.4 178.2 177.4 177.4 177.4 177.7 177.6 177.6 176.6 174.8
g. Machinery and transport
equipment 174.1 174.1 174.1 173.8 174.1 174.1 174.1 173.9 174.1 174.1 174.7 174.2
h. Miscellaneous manufactured
articles 146.2 145.8 146.1 145.4 146.5 146.5 146.5 146.5 146.7 146.7 146.5 145.3
F-4
F. PRICES (continued)
2015 Average 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
11. General wholesale price index in Mindanao
(1998=100)
ALL ITEMS 207.9 207.0 206.5 207.2 207.0 206.7 207.1 210.1 211.6 211.4 210.6 210.7
a. Food 221.9 222.0 223.9 222.5 225.6 226.6 226.6 232.3 235.3 235.1 233.3 233.3
b. Beverages and tobacco 242.5 243.6 243.6 241.2 243.6 243.6 243.6 243.6 243.6 243.6 243.6 243.6
c. Crude materials, inedible, except fuels 269.5 274.8 275.4 255.7 279.1 285.7 293.7 298.0 299.8 300.7 301.8 300.5
d. Mineral fuels, lubricants and
related materials 296.2 280.1 262.5 287.0 259.7 248.0 253.1 262.2 267.3 265.2 263.6 262.7
e. Chemicals including animal and
vegetable oils and fats 188.6 189.0 188.9 189.3 188.9 189.0 189.1 189.6 189.8 190.0 190.1 190.1
f. Manufactured goods classified
chiefly by materials 194.4 194.1 194.1 193.8 194.0 194.2 194.3 194.4 194.3 194.6 194.6 195.3
g. Machinery and transport
equipment 165.0 165.3 165.3 165.1 165.1 165.1 165.1 165.1 165.1 164.9 164.9 164.9
h. Miscellaneous manufactured
articles 175.7 176.2 176.2 175.4 176.2 176.3 176.3 177.0 177.0 176.8 177.1 177.2
12. Retail price index in NCR (2000=100)
ALL ITEMS 167.3 167.7 167.5 166.5 167.5 166.8 167.5 168.4 169.5 170.0 170.2 170.8 172.1
a. Food 184.1 185.2 184.5 181.2 185.8 183.9 184.9 186.7 188.5 190.1 190.4 192.3 195.2
b. Beverages and tobacco 209.0 209.0 209.4 208.3 209.6 210.2 210.0 210.6 212.5 213.7 215.4 215.4 215.5
c. Crude materials, inedible, except fuels 169.5 169.5 169.5 169.9 169.3 169.3 170.7 170.7 172.1 172.6 172.2 170.8 170.5
d. Mineral fuels, lubricants and
related materials 237.0 236.0 230.4 242.4 219.1 214.4 219.5 222.8 230.6 234.2 232.4 226.7 230.7
e. Chemicals, including animal and
vegetable oils and fats 165.2 165.2 166.4 165.4 165.9 166.4 166.6 167.3 167.4 167.1 167.3 167.4 167.4
f. Manufactured goods classified
chiefly by materials 150.0 149.9 150.7 150.5 150.4 150.4 150.8 151.3 151.7 152.2 152.4 152.7 153.5
g. Machinery and transport
equipment 140.5 140.7 140.9 140.4 140.2 140.2 140.7 140.8 140.9 140.4 140.5 140.9 141.0
h. Miscellaneous manufactured
articles 152.6 152.7 152.7 152.3 152.7 152.7 153.0 153.2 153.4 153.1 153.1 153.3 153.5
F-5
F. PRICES (continued)
2015 Average 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
13. Retail price index of selected construction
materials in NCR (2000=100) Revised Based Year
ALL ITEMS 179.4 179.7 180.6 180.0 179.8 179.7 180.9 181.4 182.3 182.8 182.8 183.2 183.4
a. Carpentry materials 155.1 155.0 155.3 154.9 155.4 155.4 155.6 156.4 157.6 158.3 158.3 158.0 157.7
b. Electrical materials 205.5 206.2 206.6 205.0 204.3 204.3 205.8 205.7 206.4 206.6 206.7 207.9 208.2
c. Masonry materials 188.3 188.3 188.8 188.9 187.4 187.6 191.2 192.1 194.0 195.1 194.5 194.3 193.8
d. Painting materials and related compounds 185.5 185.5 187.0 185.2 185.9 185.9 186.5 187.1 187.8 187.9 188.0 188.3 188.1
e. Plumbing materials 164.7 164.7 164.9 164.7 164.7 164.9 165.6 166.0 166.3 166.5 166.4 167.4 168.8
f. Tinsmithry materials 143.9 144.3 144.2 144.8 143.5 143.7 144.5 144.6 144.7 145.6 145.8 145.8 145.4
g. Miscellaneous construction
materials 255.0 257.9 268.7 270.8 269.7 268.8 271.8 273.6 274.3 275.7 276.8 277.3 283.1
14. Wholesale price construction materials
index in NCR (2000 =100)
ALL ITEMS 224.5 225.0 223.9 224.2 223.8 223.6 224.1 225.2 227.5 228.7 228.4 227.9 228.1
a. Sand and gravel 217.9 217.9 217.9 216.2 221.1 218.4 223.4 223.0 223.0 223.0 224.4 224.4 224.6
b. Concrete products 214.4 214.8 214.8 212.9 214.8 215.3 216.1 216.1 216.7 218.8 218.8 218.8 218.8
c. Cement 196.5 196.5 196.5 196.6 196.8 196.3 197.8 198.3 198.9 200.3 201.8 202.3 202.6
d. Hardware 225.7 225.7 225.7 223.9 224.5 223.9 224.9 225.1 225.0 226.4 226.5 226.5 226.5
e. Plywood 194.0 194.0 194.0 192.8 194.6 194.6 194.8 194.5 194.5 195.4 195.5 195.3 195.3
f. Lumber 247.0 247.0 247.0 246.7 245.5 245.5 245.3 245.3 245.3 245.6 245.6 245.6 245.6
g. G.I. sheet 191.4 191.4 191.4 191.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3 186.3
h. Reinforcing steel 253.6 253.6 253.6 254.8 264.0 264.0 259.1 264.9 273.5 274.6 272.3 272.3 272.3
i. Structural steel 287.1 287.1 287.1 286.8 276.9 275.9 275.7 275.7 278.2 276.3 276.3 276.3 276.3
j.Tileworks 189.1 189.1 189.1 188.6 188.0 188.6 188.0 188.0 188.0 187.1 187.1 187.1 187.1
k. Glass and glass products 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2 185.2
l. Door, jambs and steel casement 206.3 206.3 206.3 206.1 206.4 206.4 206.3 206.3 206.3 203.1 203.1 203.1 203.1
m. Electrical works 211.5 211.5 211.5 210.3 213.4 213.4 213.3 213.3 213.5 212.5 212.5 212.5 212.4
n. Plumbing, fixtures & accessories/waterworks 182.1 182.1 182.1 179.7 184.6 184.6 185.0 184.3 184.3 184.1 184.1 184.1 184.1
o. Painting works 208.7 208.7 208.7 208.5 207.0 207.0 207.0 207.0 207.0 207.9 207.9 207.9 207.9
p. PVC pipes 184.2 184.2 184.2 183.9 181.7 181.7 181.7 184.6 184.6 184.6 184.6 184.6 184.6
q. Fuels and lubricants 270.6 274.1 262.3 275.6 251.1 248.0 255.3 259.3 269.0 273.9 272.2 267.3 268.9
r. Asphalts 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8 466.8
s. Machinery and equipment rental 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7 168.7
F-6
F. PRICES (concluded)
2015 Average 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
15. Producer price index for manufacturing sector
(2000=100) 139.1 139.5 139.2 140.9 135.5 135.9 134.4 135.0 134.5 134.7 133.4 132.7 133.9
a. Food manufacturing 188.5 189.7 189.9 189.5 189.5 190.3 190.5 191.6 192.1 192.4 192.3 192.7 192.5
b. Beverage 186.5 186.5 186.5 186.5 191.6 191.6 191.5 194.5 194.5 194.5 194.5 194.5 194.5
c. Tobacco 196.1 196.1 196.1 196.0 196.1 196.1 196.1 196.8 196.8 196.9 196.3 196.3 196.3
d. Textile 180.6 179.8 179.7 179.0 179.8 179.3 180.2 180.3 180.3 180.3 180.4 180.3 180.7
e. Leather products 149.6 150.0 150.1 149.0 150.5 153.1 151.1 148.0 144.4 146.8 123.7 125.5 134.2
f. Footwear and wearing apparel 337.2 335.4 337.2 345.4 341.9 331.6 328.6 323.9 324.7 326.0 324.4 324.6 328.6
g. Wood and wood products 86.3 85.7 88.5 91.6 88.8 89.1 88.8 88.0 88.1 88.9 88.9 89.1 89.4
h. Furniture and fixtures 10.4 10.4 10.7 11.0 10.0 10.1 9.7 10.3 9.2 8.4 8.4 8.2 8.4
i. Paper and paper products 123.8 124.4 123.6 122.9 124.2 124.1 123.6 123.5 122.6 122.8 122.4 123.3 123.1
j. Publishing and printing 311.2 311.4 311.4 311.5 309.2 309.1 308.7 308.9 308.9 308.9 308.9 308.8 309.2
l. Petroleum products 273.8 278.4 258.3 272.4 227.6 222.1 237.0 241.3 254.6 253.2 247.0 246.4 244.7
m. Rubber and plastic products 153.2 153.9 153.7 156.5 150.7 150.2 149.1 149.8 150.2 150.5 150.6 150.4 151.0
n. Nonmetallic mineral products 144.2 144.5 144.8 143.8 152.5 150.7 148.4 148.6 145.9 147.4 146.4 146.0 147.2
o. Miscellaneous nonmetallic mineral products 122.3 122.5 122.6 122.4 125.6 126.4 125.1 127.5 127.1 128.7 128.1 128.1 129.8
p. Glass and glass products 114.4 114.6 115.4 114.0 115.6 116.3 115.5 113.0 113.1 114.0 111.6 111.1 112.3
q. Cement 182.3 182.7 183.2 181.1 203.5 195.3 190.1 187.5 179.7 181.0 180.5 179.5 179.6
r. Basic metals 170.1 168.6 165.4 176.0 164.3 164.8 162.3 163.1 161.3 162.6 163.1 159.4 160.3
s. Iron and steel 177.8 176.5 175.1 180.9 173.0 172.5 172.8 172.3 173.0 172.1 172.1 171.7 172.3
t. Nonferrous metal 161.1 159.6 154.5 169.9 154.4 156.0 150.7 152.8 148.6 152.0 153.1 146.2 147.4
u. Fabricated metal products 138.3 138.7 139.2 137.5 137.5 139.7 137.8 138.5 136.8 137.7 138.2 136.0 136.0
v. Machinery excluding electrical 106.9 106.5 106.9 106.4 91.9 92.0 87.5 87.8 87.6 88.4 88.1 87.2 89.5
w. Electrical machinery 117.8 118.3 119.3 121.3 118.1 119.9 117.4 115.7 116.8 119.5 116.8 116.3 117.9
x. Transport equipment 119.2 119.2 117.1 118.6 117.9 117.4 117.3 117.3 117.9 118.2 117.0 117.2 117.5
y. Miscellaneous manufactures 75.3 75.8 76.2 75.0 77.7 77.7 78.0 78.7 78.7 79.1 79.1 78.6 80.5
F-7
G. MONEY, BANKING AND INVESTMENTS
2015 (SRFBased) Total 2016
INDICATOR
Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
1. Broad money liabilities by composition (M3)
(million P) 7,887,061 8,017,834 8,426,170 8,426,170 8,340,423 8,381,153 8,542,003 8,560,865 8,654,940 8,728,059 8,765,964 8,719,479 8,840,349
a. Currency outside depository corporations 699,047 716,880 791,472 791,472 736,836 731,393 766,314 815,727 796,339 776,924 777,497 762,705 795,098
b. Transferable deposits 1,771,156 1,813,815 1,875,907 1,875,907 1,898,120 1,921,561 1,946,128 1,955,666 1,974,756 2,017,314 2,021,773 2,034,269 2,059,116
c. Savings deposits 3,392,195 3,431,791 3,586,100 3,586,100 3,613,664 3,661,937 3,702,853 3,707,193 3,780,355 3,824,244 3,865,348 3,856,175 3,905,692
d. Time deposits 1,693,908 1,729,807 1,815,364 1,815,364 1,773,023 1,751,668 1,803,746 1,780,422 1,781,305 1,794,109 1,787,624 1,751,948 1,753,677
e. Securities other than shares included
in broad money 330,755 325,540 357,327 357,327 318,780 314,595 322,962 321,856 322,185 315,467 313,723 314,383 326,766
2. Broad money liabilities by origin (M3) 7,887,061 8,017,834 8,426,170 8,426,170 8,340,423 8,381,153 8,542,003 8,560,865 8,654,940 8,728,059 8,765,964 8,719,479 8,840,349
(million P)
a. Net foreign assets 3,985,954 3,986,349 3,998,772 3,998,772 4,068,607 4,159,453 4,100,297 4,200,322 4,177,123 4,300,936 4,359,761 4,318,159 4,495,741
1. BSP 3,780,042 3,743,747 3,762,845 3,762,845 3,809,006 3,856,282 3,778,462 3,887,068 3,835,555 3,973,887 3,992,098 3,958,659 4,141,557
2. Other depository corporations 225,912 242,602 235,927 235,927 259,601 303,171 321,835 313,254 341,568 327,049 367,663 359,500 354,184
b. Domestic claims 7,438,617 7,555,005 7,860,464 7,860,464 7,880,344 7,976,187 8,075,868 8,169,873 8,255,097 8,328,663 8,362,238 8,387,875 8,573,322
1. Net claims on Central government 1,177,840 1,190,588 1,263,046 1,263,046 1,324,977 1,380,166 1,447,117 1,451,830 1,419,652 1,411,164 1,451,402 1,397,319 1,488,516
2. Claims on Other sectors 6,260,777 6,364,417 6,597,418 6,597,418 6,555,367 6,596,022 6,628,751 6,718,043 6,835,445 6,917,499 6,910,835 6,990,557 7,084,806
c. Transferable & other deposits in foreign
currency (FCDsresidents) 1,489,109 1,476,363 1,458,789 1,458,789 1,520,241 1,531,134 1,489,787 1,517,387 1,518,086 1,526,660 1,520,916 1,536,967 1,598,024
d. Liabilities excluded from broad money 2,048,400 2,047,157 1,974,278 1,974,278 2,088,286 2,223,354 2,144,375 2,291,943 2,259,192 2,374,881 2,435,119 2,449,589 2,630,690
*SRF (Standardized Report Forms, a unified framework for reporting monetary and financial statistiscs to the International Monetary Fund (IMF).
Note : Details may not add up to total due to rounding.
G-1
G. MONEY, BANKING AND INVESTMENTS (continued)
2015 (SRFBased) Total 2016
INDICATOR
Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
4. Liquidity aggregates of depository corporations
by composition 11,424,570 11,541,354 11,859,237 11,859,237 11,948,950 12,135,641 12,176,164 12,370,195 12,432,220 12,629,600 12,721,999 12,706,035 13,069,063
a. M4 9,376,170 9,494,197 9,884,959 9,884,959 9,860,664 9,912,287 10,031,789 10,078,252 10,173,028 10,254,719 10,286,880 10,256,446 10,438,373
1. Broad money (M3) 7,887,061 8,017,834 8,426,170 8,426,170 8,340,423 8,381,153 8,542,003 8,560,865 8,654,940 8,728,059 8,765,964 8,719,479 8,840,349
2. Transferable & other deposits in foreign
currency of residents 1,489,109 1,476,363 1,458,789 1,458,789 1,520,241 1,531,134 1,489,787 1,517,387 1,518,086 1,526,660 1,520,916 1,536,967 1,598,024
b. Liabilities excluded from broad money 2,048,400 2,047,157 1,974,278 1,974,278 2,088,286 2,223,354 2,144,375 2,291,943 2,259,192 2,374,881 2,435,119 2,449,589 2,630,690
5. Gross International Reserves of the
Central Bank (in million US dollars) 81,097.8 80,173.2 80,666.9 80,666.9 80,692.4 81,877.6 82,977.0 83,736.3 82,927.2 85,284.3 85,506.2 85,792.0 86,139.1 85,105.8
a. Reserve position in the Fund 442.7 434.9 438.6 438.6 437.0 417.8 423.6 424.3 419.9 449.2 447.5 447.9 458.5 452.5
b. Gold 7,178.7 6,700.6 6,702.9 6,702.9 7,040.8 7,815.6 7,764.9 8,152.8 7,672.2 8,336.1 8,505.4 8,261.3 8,307.0 8,129.0
c. Special drawing rights (SDR) 1,182.3 1,161.4 1,172.9 1,172.9 1,168.5 1,169.2 1,192.5 1,199.7 1,187.5 1,184.1 1,179.4 1,180.3 1,181.5 1,166.2
d. Foreign investments 71,362.5 70,752.2 71,739.4 71,739.4 71,220.2 71,032.0 71,379.1 71,711.5 71,684.2 73,295.2 73,294.3 73,930.0 73,850.0 71,630.9
e. Foreign exchange 931.6 1,124.0 613.0 613.0 825.9 1,443.0 2,217.0 2,247.9 1,963.3 2,019.8 2,079.6 1,972.4 2,342.1 3,727.2
6. Reserve money (million pesos) * 2,220,152 2,315,450 2,467,059 2,467,059 2,366,694 2,323,227 2,361,526 2,450,598 2,431,993 2,327,638 2,470,708 2,399,449 2,504,045 2,544,304
G-2
G. MONEY, BANKING AND INVESTMENTS (continued)
2015 (SRFBased) Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
8. Loans by type of commercial banks
(million pesos)
a. Total Loans 5,353,375 5,440,546 5,719,665 5,719,665 5,654,532 5,613,267 5,659,766 5,748,320 5,865,685 5,940,313 5,922,375 6,020,262 6,144,623
1. Expanded commercial banks 4,052,653 4,127,459 4,359,050 4,359,050 4,272,099 4,303,489 4,393,031 4,404,685 4,531,501 4,611,596 4,593,815 4,683,176 4,750,210
2. Nonexpanded commercial banks 199,213 206,781 210,111 210,111 206,704 204,735 217,915 218,756 219,480 230,360 235,432 240,746 247,343
1
3. Government 614,622 682,313 740,570 740,570 741,796 668,379 642,682 666,937 672,906 685,104 679,371 671,418 685,618
2
4. Foreign 486,887 423,993 409,934 409,934 433,933 436,664 406,138 457,942 441,799 413,253 413,757 424,922 461,452
b. Loan loss provisions 133,253 133,503 129,220 129,220 130,197 130,328 129,193 129,298 130,193 130,708 131,458 131,947 133,485
1. Expanded commercial banks 97,289 97,391 93,608 93,608 94,477 94,458 93,756 93,825 94,438 94,968 95,604 95,920 96,483
2. Nonexpanded commercial banks 7,998 8,095 7,787 7,787 7,910 8,052 8,148 8,140 8,235 8,318 8,382 8,568 9,449
1
3. Government 17,082 17,089 17,020 17,020 17,036 17,025 17,040 17,017 17,053 17,086 17,072 17,102 17,115
2
4. Foreign 10,884 10,928 10,805 10,805 10,774 10,793 10,249 10,316 10,467 10,336 10,399 10,357 10,418
1
Consists of Land Bank, DBP and AlAmanah Islamic Bank
2
Consists of 13 foreign banks, excludes 3 foreign banks' subsidiaries.
G-3
G. MONEY, BANKING AND INVESTMENTS (continued)
2015 (SRFBased) Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
9. Balance of Payment
CURRENT ACCOUNT 1 122 540 3,157 8,397 (943) 1,616 41 (277) (47) 389
Goods, Services and Primary Income (1,843) (1,166) 917 (15,123) (2,757) (363) (2,122) (2,284) (2,098) (1,785)
Export 6,839 7,042 7,162 80,939 6,303 6,900 7,112 6,739 7,050 7,301
Import 8,682 8,209 6,245 96,065 9,060 7,262 9,234 9,023 9,148 9,086
Goods and Services (2,294) (1,390) 285 (17,457) (3,018) (749) (2,146) (2,546) (2,294) (2,065)
Exports 6,026 6,312 6,226 71,446 5,544 6,130 6,270 5,942 6,259 6,518
Imports 8,319 7,702 5,940 88,898 8,562 6,879 8,415 8,488 8,554 8,583
Goods (3,135) (2,075) (191) (21,699) (3,493) (1,787) (2,537) (3,020) (2,719) (2,839)
Credit: Exports 3,324 3,947 3,861 43,276 3,057 3,495 3,631 3,182 3,658 3,647
Debit: Imports 6,459 6,021 4,053 64,976 6,550 5,282 6,167 6,202 6,377 6,487
Services 841 684 477 4,244 475 1,038 391 474 425 775
Credit: Exports 2,702 2,365 2,364 28,168 2,486 2,635 2,639 2,760 2,601 2,870
Debit: Imports 1,861 1,681 1,888 23,925 2,012 1,597 2,248 2,286 2,176 2,096
Primary Income 451 224 631 2,342 261 386 24 263 196 280
Credit: Receipts 813 731 936 9,496 759 769 842 797 791 783
Debit: Payments 362 507 305 7,166 498 383 818 535 595 504
Secondary Income 1,965 1,706 2,241 23,520 1,814 1,979 2,162 2,006 2,051 2,174
Credit: Receipts 2,026 1,755 2,366 24,349 1,873 2,025 2,238 2,080 2,108 2,223
Debit: Payments 61 48 125 827 59 46 75 73 57 49
Capital Account 7 7 8 80 14 13 12 14 13 14
Credit: Receipts 8 8 9 96 14 14 14 15 15 15
Debit: Payments 1 1 1 16 1 2 1 2 1
Financial Account (595) 53 1,946 2,523 535 253 276 32 (679) (577)
Net acquisition of Financial Assets 218 1,323 1,433 6,675 (676) 1,296 980 204 180 1590
Net incurrence of Liabilities 814 1,270 (513) 4,154 (1,211) 1,043 703 173 859 2167
Direct investment 148 (271) 130 (122) (682) (266) (172) (991) (229) 190
Net acquisition of Financial Assets 599 194 403 5,601 (74) 77 223 1253 135 429
Net incurrence of Liabilities 451 464 273 5,725 608 342 394 2244 364 238
Portfolio Investment (631) 549 (279) 4,756 661 (176) 972 1675 (1444) 410
Net acquisition of Financial Assets (365) 614 (356) 2,616 (449) 342 606 335 (239) 911
Net incurrence of Liabilities 266 65 (77) (2,142) (1,110) 519 (366) (1340) 1205 502
Financial Derivatives 5 (20) (6) (31) 29 (12) (16) 14 4 42
Net acquisition of Financial Assets (19) (38) (17) (465) (39) (54) (57) (109) (49) (53)
Net incurrence of Liabilities (24) (19) (10) (433) (68) (42) (42) (122) (53) (96)
Other Investment (117) (206) 2,102 (2,081) 526 708 (509) (666) 990 (1219)
Net acquisition of Financial Assets 4 554 1,402 (1,077) (114) 931 208 (1275) 332 303
Net incurrence of Liabilities 121 759 (700) 1,003 (640) 224 717 (609) (658) 1522
NET UNCLASSIFIED ITEMS (255) (635) (738) (3,337) 650 (1,626) 1078 479 (403) (562)
OVERALL BOP POSITION 469 (141) 481 2,616 (813) (251) 854 184 241 418
Debit: Change in Reserve Assets 472 (137) 463 2,617 (810) (247) 858 188 245 400
Credit: Change in Reserve Liabilities 4 3 (18) 4 3 4 4 3 (18)
Use of Fund Credits
Shortterm 4 3 (18)
Memo Items:
Change in Net Foreign Assets (NFA) of Deposittaking
corporations except the Central Bank (241) 277 (210) (1,070) 329 909 645 (1,290) 604 (363)
Change in Commercial Banks (KBs) NFA (305) 274 (212) (1,168) 402 870 714 (1,328) 611 (362)
Change in Thrift Banks (TBs) NFA 76 2 32 167 (81) 39 (97) 67 (28) (13)
Change in Offshore Banking Units (OBUs)NFA (11) 1 (30) (69) 8 28 (29) 21 11
Personal Remittances 2,392 2,068 2,726 28,483 2,208 2,320 2,606 2,443 2,416 2,575
of which: OF Cash Remittanceschanneled tru the banking
system 2,164 1,871 2,470 25,767 1,997 2,098 2,362 2,213 2,188 2,334 Table 42
1
Starting 2012 the BOP were revised based on the IMF's balance of Payments and International Ivestment Position Manual, 6th Edition.
Source : Bangko Sentral ng Pilipinas
G-4
G. MONEY, BANKING AND INVESTMENTS (concluded)
2015 (SRFBased) Total 2016
INDICATOR
Oct Nov Dec 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
a. PSE Index (PSEi)Composite index (Close) 7,134.3 6,927.1 6,952.1 6,952.1 6,687.6 6,671.0 7,262.3 7,159.3 7,401.6 7,796.3 7,963.1 7,787.4 7,629.7 7,404.8
b. Volume traded (in million shares) 34,795.8 18,730.9 28,551.5 493,261.9 22,778.4 45,305.2 29,541.8 33,551.1 56,035.3 45,441.3 50,268.4 33,768.0 33,980.6 32,053.9
Financials 337.3 195.9 191.8 4,094.6 239.0 199.4 302.8 350.1 375.8 286.5 383.4 494.2 1,028.4 639.1
Industrial 2,708.8 1,484.0 1,356.7 34,467.1 1,470.9 2,325.4 2,357.2 2,755.6 1,857.4 1,796.6 4,139.5 3,712.2 3,269.9 1,675.6
Holding Firms 6,640.0 4,686.8 1,787.9 55,334.7 2,037.6 3,031.3 3,531.5 3,129.0 5,848.0 2,606.9 2,722.8 3,963.9 2,394.0 2,838.2
Property 4,753.5 2,858.3 9,067.9 45,161.7 3,436.1 3,329.0 3,680.5 3,572.2 4,313.0 3,885.3 5,453.5 5,338.4 9,223.1 4,832.3
Services 4,682.0 2,523.7 2,996.5 49,463.1 4,393.3 5,030.0 7,614.8 8,328.9 4,036.0 5,510.7 12,208.2 7,872.4 11,058.1 7,113.2
Mining and Oil 15,614.3 6,936.9 12,939.1 303,635.6 11,092.2 31,373.2 11,955.7 15,168.8 39,339.7 31,184.7 24,908.8 12,226.7 6,910.3 14,609.2
Small Medium Enterprise (SME) 59.4 44.9 211.3 1,098.0 108.6 16.4 97.5 246.5 265.0 170.2 452.0 160.1 96.4 346.0
Exchange Traded Fund 0.5 0.4 0.4 7.1 0.6 0.7 1.7 0.1 0.5 0.5 0.2 0.2 0.5 0.3
c. Value of shares traded (in million P) 187,789.1 117,025.6 133,593.2 2,151,411.1 115,914.2 127,144.2 164,008.0 133,446.6 217,522.5 173,699.7 190,996.8 206,186.4 179,157.5 144,248.8
Financials 17,584.4 15,108.3 11,300.6 273,521.9 16,815.4 14,348.5 19,880.5 19,283.9 36,686.5 25,425.2 21,648.4 28,353.5 28,795.0 23,474.7
Industrial 36,436.1 27,192.8 27,924.0 530,927.0 24,105.0 33,584.4 33,001.4 28,552.4 31,511.5 28,032.6 46,853.3 46,756.4 36,868.8 26,585.8
Holding Firms 71,185.2 27,233.7 20,893.6 538,920.6 27,575.3 28,942.8 41,639.9 28,629.7 71,311.9 41,898.3 42,515.9 57,618.5 45,121.7 35,359.1
Property 28,628.2 24,881.3 51,040.2 361,165.6 25,790.5 20,695.9 28,189.6 20,639.0 37,747.9 35,413.9 39,321.2 29,418.7 34,806.3 27,475.9
Services 27,721.1 19,922.3 19,676.8 358,736.4 19,155.5 20,353.9 34,991.4 28,151.3 31,900.5 34,725.6 31,001.0 37,256.9 28,335.5 23,805.3
Mining and Oil 5,292.6 1,906.4 1,383.9 75,723.9 1,882.8 8,989.3 4,865.5 4,163.3 6,209.5 6,773.7 6,561.8 5,609.9 4,497.4 6,102.4
Small Medium Enterprise (SME) 888.9 738.8 1,329.5 11,558.6 527.2 158.3 1,242.4 4,016.7 2,097.5 1,374.0 3,064.9 1,145.8 657.9 1,406.5
Exchange Traded Fund 52.6 41.9 44.6 857.1 62.6 71.2 197.3 10.5 57.2 56.4 30.4 26.6 63.7 39.2
G-5
H. PUBLIC FINANCE
H-1
H. PUBLIC FINANCE (concluded)
2015 Total 2016
INDICATOR Oct Nov Dec 2015 Jan Feb March Apr May Jun Jul Aug Sep Oct
3. National government cash operations
(in million pesos)
a. Revenues 163,015 177,451 163,513 2,108,956 182,226 138,952 157,800 246,633 199,659 175,585 170,250 209,569 165,960
1. Tax revenues 149,327 165,959 144,476 1,815,475 161,825 123,763 139,321 211,589 184,916 160,594 150,202 191,722 148,100
% of GNI (Nominal) 12 12 12 94 55 54 11 12 14 14 13 13 13
% of GDP (Nominal) 15 14 14 115 67 66 13 15 17 17 16 16 15
a. Bureau of Internal Revenue 115,761 136,368 106,314 1,433,302 129,652 94,837 105,683 177,656 151,575 124,018 117,448 157,468 112,996
b. Bureau of Customs 32,490 29,061 37,755 367,534 31,083 27,035 32,383 32,712 32,070 35,268 30,987 33,069 33,326
c. Other offices 1,076 530 407 14,639 1,090 1,891 1,255 1,221 1,430 1,126 1,767 1,185 1,778
2. Nontax revenues 13,685 11,482 19,029 293,317 20,396 15,177 18,476 35,642 14,679 15,172 20,036 17,847 17,860
3. Grants 3 10 8 164 5 12 3 2 5 1 12
b. Expenditures 190,037 171,422 238,657 2,230,645 185,700 173,578 232,188 191,611 217,415 220,779 220,917 176,962 241,287
1. Equity 176 25 230 767 3,029 6 5,138 199 17 60 7 41
2. Net lending 4,404 380 420 9,696 31 706 2,767 215 152 220 32 (1,148) 741
c. Surplus (Deficit) (27,022) 6,029 (75,144) (121,689) (3,474) (34,626) (74,388) 55,022 (17,656) (45,194) (50,667) 32,607 (75,327)
d. Financing 30,111 (7,166) (6,236) 92,851 19,124 22,973 44,169 (2,525) (1,041) 27,589 8,808 5,331 94,970
1. External (Net) 15,984 (5,647) 4,155 64,782 (12,636) (3,154) 30,418 443 5,287 3,571 138 (2,509) (2,917)
2. Domestic (Net) 14,127 (1,519) (10,391) 28,069 31,760 26,127 13,751 (2,968) 4,246 31,160 8,946 7,840 97,887
e. ChangeInCash 1,877 (7,830) (79,543) (1,580) (68,115) (13,090) (35,131) (3,428) 5,118 (10,872) (11,356) 65,448 (69,780)
Budgetary 3,089 (1,137) (81,380) 28,838 15,650 (11,653) (30,219) 52,497 (18,697) (17,605) (41,859) 37,938 19,643
NonBudgetary (1,212) (6,693) 1,837 27,258 (83,765) (1,437) (4,912) (55,925) 23,815 6,733 30,503 27,510 (89,423)
Notes : Financing reporting reflect the net proceeds of liability management transactions such as bond exchange
Domestic Amortization includes contribution to BSF and repayments/redemptions other than BSF.
Source : Bureau of Treasury
H-2
Glossary of Terms
PRODUCTION AND CONSUMPTION
Value of Production Index (VAPI) is defined as the monthly change of production values in selected manufacturing enterprises. It is used for the
analysis of production trend in the manufacturing sector.
Volume of Production Index (VOPI) is derived by dividing the Value of Production Index (VAPI) by the Producers Price Index (PPI), with 1992 as the
base year. The index is a measure of change in the volume of manufacturing production.
Country of Residence consists of the country where she/he has lived for most of the past year (12 months), or for a shorter period if she/he intends
to return within 12 months to live there.
Occupancy Rate refers to the proportion of the rooms or bedplaces in a collective tourism establishment that is occupied over some period of time,
such as a night, month or year.
Visitor Arrivals includes tourist, excursionists, aliens entering the country for a temporary stay not exceeding one year and for purposes other than
immigration, permanent residence or employment for remuneration in the country and Filipino nationals residing permanently abroad on temporary
stay in the Philippines not exceeding one year. This excludes the following: a) transit visitors and changeplan passengers who remain in the premises
of the port of entry terminal; b) aliens with prearranged employment for remuneration in the Philippines, even if length of stay is less than 59 days; c)
Filipinos living abroad, regardless of length of stay overseas who are not permanent residents abroad; d) immigrants or aliens with permanent
residence in the Philippines; e) Filipino overseas contract workers on home visits; and f) returning residents of the Philippines.
EXTERNAL SECTOR
Cross Exchange Rate of the Peso refers to the exchange rate of the peso with foreign currencies other than the intervention currency. It is computed
by multiplying the U.S. dollar equivalent of one unit of foreign currency with the peso equivalent of one U.S. dollar
Nominal Effective Exchange Rate Index of the Peso (NEERI) weighted average exchange rate of the peso visvis a basket of foreign currencies such
as the U.S. dollar, the Japanese yen, the Deutche mark and the British pound, unadjusted for the effects of inflation. This is computed as the
summation of the percentage change in the peso cross rates with respect to each currency in the basket multiplied by the corresponding country
weight. The individual country weights are calculated from their total trade shares, i.e., export plus imports.
Real Effective Exchange Rate Index of the Peso (REERI) is the NEERI of the peso adjusted for inflation rate differentials with the countries whose
currencies comprise the NEERI basket. This is simply the pesos NEERI multiplied by the ratio of the domestic price index to the weighted price index
of the countries whose currencies comprise the NEERI basket.
Balance of Trade the difference between the export earnings and import payments of all goods or merchandise trade transacted by a country.
Export all goods leaving the country which are properly cleared through the Customs.
Import all goods entering any of the seaports or airports of entry of the Philippines properly cleared through the Customs or remaining under
Customs control, whether the goods are for direct consumption, for merchanting, for warehousing or for further processing.
EMPLOYMENT
Actual Strike any temporary stoppage of work by the concerted action of the employees as a result of an industrial or labor dispute. This may include
slow down, boycott, sitdown, mass leave, attempts to damage, destroy or sabotage plant equipment and facilities and similar activities.
LandBased Workers a contract worker other than a seaman including workers engaged in offshore activities whose occupation requires that
majority of his working/gainful hours are spent on land.
ManDays Lost total number of mandays lost due to strikes or lockouts declared. It is computed by multiplying the number of workers involved in
the strike or lockout by the total number of working days lost or made idle due to the strike/lockout.
Notice of Strike the notification filed by a duly registered labor union with the appropriate NCMB regional branch about its intention to go on strike
because of alleged commission by the employer of unfair labor practice act/s or because of a deadlock in collective bargaining negotiations.
Overseas Filipino Worker (OFW) a Filipino worker who is to be engaged, is engaged, or has been engaged in a remunerated activity in a country of
which he/she is not a legal resident.
SeaBased Worker any person employed in a vessel engaged in maritime navigation. Also called a seaman.
Strike any temporary stoppage of work by the concerted action of the employees as a result of an industrial or labor dispute. Includes actual strike
(with or without notice) filed at appropriate NCMB regional branches.
PRICES
Consumer Price Index (CPI) measure of the average changes in the retail prices of a fixed basket of goods and services usually purchased by
households for their consumption.
Inflation Rate yearonyear rate of change in the average price level as measured by the consumer price index; refers to the percentage change in CPI
from a particular month last year to same month in the current year.
Producers Price Index (PPI) measure of the changes in the producers prices (explant) of key commodities produced by the manufacturing sector;
measure of the changes in the prices received by farmers for agricultural products.
Retail Price Index (RPI) measure of the changes of the prices at which retailers dispose of their goods to consumers and endusers.
Wholesale Price Index (WPI) measure of the changes in the price level of commodities that flow into the wholesale trade intermediaries;
commodities are transacted in bulk for further resale or processing.
Balance of Payments (BOP) systematically summarizes for a specific period, the economic transaction of an economys residents with the rest of the
world.
Capital Account covers all transactions that involve the receipt/payment of capital transfers and acquisition/disposal of nonproduced, nonfinancial
assets.
Deposit Substitutes an alternative form of obtaining funds from the public, other than deposits, through the issuance, endorsement, of acceptance of
debt instruments for the borrowers own account, for the purpose of relending or purchasing of receivables and their obligations.
Domestic Liquidity (M3) consists of money supply, savings and time deposits and deposit substitutes of the monetary system.
Government Securities or Treasury Bills bills issued by the Bureau of Treasury as agent of the government.
Gross International Reserves of the Central Bank Gross Reserves consist of holdings of gold, special drawing rights (SDR) foreign investments, and
foreign exchange, including reserve position in the Fund.
Money Supply or Narrow Money (M1) consists of currency in circulation plus peso demand deposits.
Net Domestic Credits defined under M.B. Res. No. 404 dated February 14, 1975 as consisting of domestic credits of the Bangko Sentral ng Pilipinas,
(net of National Government deposits with the Bangko Sentral ng Pilipinas, Treasury IMF Account and Bangko Sentral ng Pilipinas loans and advances
to deposit money banks) and domestic credits of deposit money banks (net of National Government deposits).
NonMoney Supply Deposits refer to the total quasimoney, marginal deposits and deposit substitutes of local government, semigovernment
entities and residents with deposit money banks.
Reserve Money refers to the liabilities of the monetary authorities through which the economy is infused with liquidity.
Savings Deposits these include all interestbearing deposits which are withdrawals upon presentation of an accomplished withdrawal slip together
with the passbook. These are subdivided into savings deposits of private firms, individuals, banks, the government and trust department of banks.
Time Deposits these represent deposits which are interest bearing with specific maturity dates and evidenced by certificates issued by the bank in
the name of the depositor. These are subdivided into time deposits of private firms, individuals, banks, the government and trust department of banks.
PUBLIC FINANCE
Grants all nonrepayable transfers received from other levels of government or from private individuals, or institutions including reparations and gifts
given for particular projects or programs, or for general budget support.
NonTax Revenue revenue collected from sources other than compulsory tax levies. Includes those collected in exchange for direct services rendered
by government agencies to the public, or those arising from the governments regulatory and investment activities.
Revenue a cash inflow which does not increase the liability of the government.