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Inflating Rate of Food And Non-Alcoholic Beverages

Introduction
Many issues are emerging in the society that cause ruckus to the human population.
One of these social problem is the inflation rate of the prices mainly in food and non-alcoholic
beverages. These may be a fatal feat for those families with low income and those 4’Ps
residents all over the world. This is because of the Chain Law that is being implemented by our
current president.

Methods

Food and Non-Beverages Percentage (Y)


130.00
125.00
120.00
115.00
110.00
105.00
100.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

Figure1.0 Inflation Rates of Food and Non-Alcoholic Beverages.


The figure above shows how the prices concerning the food and non-alcoholic
beverages inflates within the last three (3) years starting from January 2016 to November 2018.
This only shows that the behavior of prices are being consistently increasing.

MAD MSE MAPE


MA2 0.84 1.16 24337.80
MA3 1.05 1.84 0.87
MA4 1.29 2.66 1.07
MA2 with Seasonality 1.71 3.53 1.43
MA3 with Seasonality 9.45 111.64 8.07
MA4 with Seasonality 9.66 116.23 8.24
Figure 2.0 MAD,MSE and MAPE table.

With this, I conclude MA2 show the most accurate among the rest of the
forecasting methods because its data is not very far from its other error and it aligns in the
actual data.

Solanib,Prince Deo S. BSIT 1-A


Inflating Rate of Food And Non-Alcoholic Beverages

MA2
130.00
120.00
110.00
100.00
1 2 3 4 5 6 7 8 9 1011121314151617181920212223242526272829303132333435

Food and Non-Beverages Percentage (Y) MA2

Figure 3.0 MA2 graph.

Proposed Solution

Chart Title
130
125
120
115
110
105
100
(X) (X) (X) (X) (X) (X) (X) (X) (X)
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 5th Quarter 6th Quarter 7th Quarter 8th Quarter 9th Quarter

1 2 3 4

Figure 3. Quarterly data.


The forecasting methods used is the seasonality wherein the data is being grouped
through different seasons to show how they may behave. In this figure, the 4th season (labeled
in color gray line) is being determined as the data with the highest inflation of food and
beverages.

Conclusion
The data above may serves as proof/ record in which people may look to see the
inflating rates of the food and non-alcoholic beverages. With this, the researcher concludes that
every year, prices of food and other necessities may increase because of the different factors
that affects it. It may not differ sometimes because the food and non-alcoholic beverages may
be a necessity outside or inside the house and of family needs.

Solanib,Prince Deo S. BSIT 1-A

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