4th Qtr 2015 Household Final Consumption Expenditure

4th Quarter 2015
Gross National Income & Gross Domestic Product
by Expenditure Shares

Household Final Consumption Expenditure

Household Final Consumption Expenditure (HFCE) accelerates

HFCE accelerated to 6.4 percent in the fourth quarter of 2015 from 5.0 percent in the previous year. The continuous decline in prices for most of the consumer goods and services available to households boosted household spending in Q4 2015.

Food and Non-alcoholic Beverages, comprising 43.5 percent of HFCE, accelerated to 6.5 percent from 5.5 percent last year. Miscellaneous Goods and Services, the next top contributor to HFCE’s growth, grew by 9.2 percent from 3.0 percent last year.

The other top contributors to HFCE’s positive growth were: Communication, 11.0 percent from 5.6 percent; Transport, 7.5 percent from 8.4 percent; and Restaurants and Hotels, 11.6 percent from 1.2 percent.

On the other hand, the least contributors to HFCE’s growth were: Housing, Water, Electricity, Gas and Other Fuels, negative 0.2 percent from 3.3 percent; Education, 0.8 percent from 4.4 percent; and Clothing and Footwear, 5.2 percent from 6.0 percent.

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
4th Quarter 2014 and 4th Quarter 2015
AT CURRENT PRICES, IN MILLION PESOS

ITEM	Q4 2014	Q4 2015	Growth Rate (%)
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE	2,571,494	2,749,843	6.9

1. Food and Non-alcoholic beverages	1,165,959	1,249,387	7.2
2. Alcoholic beverages, Tobacco	40,175	44,172	10.0
3. Clothing and Footwear	34,557	37,043	7.2
4. Housing, water, electricity, gas and other fuels	285,200	281,568	-1.3
5. Furnishings, household equipment and routine household maintenance	92,706	97,093	4.7
6. Health	63,766	69,445	8.9
7. Transport	237,200	256,175	8.0
8. Communication	75,574	83,892	11.0
9. Recreation and culture	53,359	58,209	9.1
10. Education	100,762	105,186	4.4
11. Restaurants and hotels	90,666	102,070	12.6
12. Miscellaneous goods and services	331,572	365,602	10.3

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
4th Quarter 2014 and 4th Quarter 2015
AT CONSTANT 2000 PRICES, IN MILLION PESOS

ITEM	Q4 2014	Q4 2015	Growth Rate (%)
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE	1,402,140	1,492,329	6.4

1. Food and Non-alcoholic beverages	610,434	649,820	6.5
2. Alcoholic beverages, Tobacco	22,550	24,107	6.9
3. Clothing and Footwear	22,097	23,247	5.2
4. Housing, water, electricity, gas and other fuels	137,227	136,923	-0.2
5. Furnishings, household equipment and routine household maintenance	68,533	70,810	3.3
6. Health	30,192	32,418	7.4
7. Transport	104,336	112,123	7.5
8. Communication	73,493	81,582	11.0
9. Recreation and culture	36,049	38,997	8.2
10. Education	43,345	43,674	0.8
11. Restaurants and hotels	55,111	61,526	11.6
12. Miscellaneous goods and services	198,774	217,102	9.2

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
Annual 2014 and 2015
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

ITEMS	At Current Prices			At Constant Prices
ITEMS	2014	2015	Growth Rate (%)	2014	2015	Growth Rate (%)
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE	9,156,446	9,796,495	7.0	4,947,000	5,252,113	6.2

1. Food and Non-alcoholic beverages	3,870,513	4,139,099	6.9	2,054,488	2,175,094	5.9
2. Alcoholic beverages, Tobacco	126,588	139,166	9.9	70,094	74,545	6.3
3. Clothing and Footwear	127,205	127,968	0.6	79,742	78,388	-1.7
4. Housing, water, electricity, gas and other fuels	1,139,379	1,144,313	0.4	542,339	553,177	2.0
5. Furnishings, household equipment and routine household maintenance	350,161	365,658	4.4	261,555	268,165	2.5
6. Health	255,163	281,813	10.4	123,165	133,395	8.3
7. Transport	1,002,999	1,110,249	10.7	426,471	472,893	10.9
8. Communication	276,202	297,977	7.9	259,582	280,363	8.0
9. Recreation and culture	165,846	182,424	10.0	113,863	123,972	8.9
10. Education	364,078	388,834	6.8	152,403	156,250	2.5
11. Restaurants and hotels	345,168	382,882	10.9	208,068	228,971	10.0
12. Miscellaneous goods and services	1,133,144	1,236,112	9.1	655,230	706,899	7.9

Source: Philippine Statistics Authority

Posted: 28 January 2016