Description |
The original series of palay production estimates are generated from the quarterly Palay Production Survey (PPS) of which there are four survey rounds in a year, that is, January, April, July and October. On the other hand, the original price data series are the results of Farmgate Price Survey for farmgate prices for palay, Wholesale Price Survey for wholesale prices for rice and Retail Price Survey for retail prices for rice.
This brief quarterly report features the deseasonalized or seasonally adjusted rice production and price data series from the first quarter of 2010 using X-11 ARIMA. The effect of season has been removed from the original data to show at a glance the trend of palay/rice production and prices without being hampered by seasonal movements. |