Philippine Consumer Price Index and Minimum Wage (1957 -2015)

Date Administration Inflation Rate Price of Goods Min. Wage (NCR) Wage - Price Ratio
1957 Carlos P. Garcia (March 23, 1957-December 30, 1961 0.00% 4.00 4.00 1.00
1958 3.90% 4.16 4.00 0.96
1959 -0.50% 4.14 4.00 0.97
1960 4.80% 4.33 4.00 0.92
1961 1.60% 4.40 4.00 0.91
1962 Diosdado P. Macapagal (December 30, 1961 - December 30, 1965) 5.80% 4.66 4.00 0.86
1963 5.60% 4.92 4.00 0.81
1964 8.18% 5.32 4.00 0.75
1965 2.56% 5.46 6.00 1.10
1966 Ferdinand E. Marcos (December 30, 1965 - December 30, 1969) First Term 5.40% 5.75 6.00 1.04
1967 6.25% 6.11 6.00 0.98
1968 2.36% 6.26 6.00 0.96
1969 1.96% 6.38 6.00 0.94
1970 Ferdinand E. Marcos (December 30, 1969 - September 21, 1972) Second Term 14.40% 7.30 8.00 1.10
1971 21.40% 8.86 8.00 0.90
1972 8.20% 9.59 8.00 0.83
1973 Ferdinand E. Marcos (September 21, 1972 - January 17, 1981) Martial Law (January 17, 1981 - June 16, 1981 16.60% 11.18 8.00 0.72
1974 34.20% 15.00 8.00 0.53
1975 6.76% 16.01 8.00 0.50
1976 9.20% 17.49 10.00 0.57
1977 9.90% 19.22 10.00 0.52
1978 7.33% 20.63 11.00 0.53
1979 17.50% 24.24 13.00 0.54
1980 18.20% 28.65 14.00 0.49
1981 13.10% 32.40 18.00 0.56
1982 Ferdinand E. Marcos (June 16, 1981 - February 25, 1986) Third Term 10.20% 35.71 18.00 0.50
1983 10.00% 39.28 21.00 0.53
1984 50.30% 59.03 46.00 0.78
1985 23.10% 72.67 46.00 0.63
1986 1.15% 73.50 46.00 0.63
1987 Maria Corazon C. Aquino (Feruary 25, 1986 - June 30, 1992) 4.07% 76.49 64.00 0.84
1988 13.90% 87.13 64.00 0.73
1989 12.20% 97.76 89.00 0.91
1990 12.20% 109.68 106.00 0.97
1991 19.30% 130.85 118.00 0.90
1992 8.65% 142.17 118.00 0.83
1993 Fidel V. Ramos (June 30, 1992 - June 30, 1998) 6.72% 151.72 135.00 0.89
1994 10.40% 167.50 145.00 0.87
1995 6.83% 178.94 145.00 0.81
1996 7.48% 192.33 165.00 0.86
1997 5.59% 203.08 185.00 0.91
1998 9.23% 221.83 198.00 0.89
1999 Joseph E. Estrada (June 30, 1998 - January 20, 2001) 5.94% 235.00 223.50 0.95
2000 3.98% 244.36 250.00 1.02
2001 Gloria Macapagal Arroyo (January 20, 2001 - June 30, 2004) First Term 5.35% 257.43 265.00 1.03
2002 2.72% 264.43 280.00 1.06
2003 2.29% 270.49 300.00 1.11
2004 4.83% 283.55 325.00 1.15
2005 Gloria Macapagal Arroyo (June 30, 2004 - June 30, 2010) Second Term 6.52% 302.04 350.00 1.16
2006 5.49% 318.62 362.00 1.14
2007 2.90% 327.86 382.00 1.17
2008 8.26% 354.94 382.00 1.08
2009 4.22% 369.92 404.00 1.09
2010 3.79% 383.94 426.00 1.11
2011 Benigno Simeon C. Aquino III (June 30, 2010 - June 30, 2016) 4.65% 401.79 446.00 1.11
2012 3.17% 414.53 456.00 1.10
2013 3.00% 426.96 466.00 1.09
2014 4.10% 444.47 466.00 1.05
2015 1.43% 450.83 481.00 1.07
* Price of goods base price 1957 at Php 4.00
** Minimum Wages include all allowances
*** Wage to Price ratio determines the purchasing power of the Minimum Wage Earner against the Increasing Prices of Goods. 
Source:
http://www.nwpc.dole.gov.ph 
http://data.worldbank.org

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