The Factors Affecting Inflation and

Its Impact on Sari-Sari Stores

Presentation by: Grade 12 - Equality (ABM)

Francheska Imie R. Corilla

Al Morgan B. Ama
Jessica G. Fernandez
Andrew Benedict M. Uy
Overview

Chapter I: The Problem and Its

Background

Chapter II: Review of Related Studies

Chapter III: Methodology

Chapter I:
Introduction
Inflation is widespread in today's economy and has historically existed in all
economies. When prices for products and services increase due to many
factors including scarcity, demand, and high production costs, this is
referred to as Inflation. It affects how each person behaves and most
importantly the price of a certain product or service. Due to the possibility
that the price of the same item we bought a month ago may change from
its present price, our decision to buy a single item may differ. It is the
progressive rise in product and service prices. In other words, inflation
increases our cost of living.
Introduction
The purpose of this study is to uncover the reasoning and factors behind the
sudden inflation rates seen in sari-sari stores. Such as solving the problem of
what sari-sari retailers went through during the pandemic, how much money
did they lose over the course of the outbreak, and how were they able to
continue their business even having inflation right after the epidemic. This helps
us understand more about what our topic research could be and what we can
focus on more. It can also help us create a more in-depth idea of what we can
put in our research and help us find the proper idea to continue.
Theoretical
Framework
Gardner Ackley, a professor, proposed the mark-up theory of inflation.
Ackley, G. (2015) He contends that demand and cost forces alone cannot
cause inflation; rather, demand-pull and cost-push actions work in
concert to produce inflation. Demand-pull inflation is the inflation that
emerges from excessive aggregate demand, which further drives up
prices. While raising prices promotes output, it also drives up demand for
production-related inputs. As a result, both the price and the cost go up.
Conceptual
Framework
The conceptual model that is
Independent Dependent
used in this study is the Variable Variable
conceptual model with a

Supply and demand Inflation

mediating variable. The
mediator variable is the
variable that explains the Mediator
correlation between the two Variable

variables. Covid-19
Statement of the Problem
1. What is the personal profile of the respondents in 2. What is the business profile of the sari-sari store in
terms of: terms of:
1.1 Age 2.1 Starting Capital
1.2 Sex 2.2 Daily Sales
1.3 Civil Status 2.3 Daily Income
2.4 Hours of Operation
2.5 Days of Operation

3. What are the impacts brought by the COVID-19

Pandemic to Sari-Sari Stores in Las Pinas that led to
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Inflation in terms of?
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3.1 Income
justo vel nisi viverra viverra.
3.2 Inventory
3.3 Capital
3.4 Operation
Significance of the Study
The subject of our research is focused on what sari-sari store owners have experienced throughout the
period of the pandemic and how it created a huge impact on the stores and how it was able to regain its
footing after the pandemic.

This study is beneficial to the sari-sari store owners since it allows them to have a scope on what they
could do or what they could’ve done differently during the pandemic, how they could keep their business
going, and learning from the mistakes they’ve made during the pandemic.

The consumers or buyers may benefit from this research since it will also attempt to create a solution for
the sudden inflation of prices in sari-sari stores by finding ways for the owners to reduce the prices of
their goods and products while still being able to turn a profit.
Significance of the Study
The current government may also find this research beneficial in a way that they can use insights of the
people who got to experience the effects of inflation.

Since this study may be expanded in a variety of ways, future researchers can utilize it as a foundation to
learn more about this issue and continue their research
Scope and Delimitations
It aims to interview certain sari-sari store owners to find out why they suddenly
raised their prices and the reasoning and factors behind the sudden inflation of
prices for their products. The study covered sari-sari stores both in private
subdivisions and commercial areas in Las Piñas City.

Now granted that the researcher will not be interviewing stores outside the Las
Piñas area. The researcher will also not be interviewing the assigned watchers of
the store by the owners as the researcher will be interviewing the owners
exclusively.
Definition of Terms
Inflation - is the rate of increase in prices over a given period of time.

Price - is the value that is put to a product or service and is the result of a complex set
of calculations, research and understanding and risk taking ability.

Sari-sari store - is a small business that sell various kinds of food product and other
essential household goods that can be stocked longer and will not expire

Income - is money that an individual or business receives in exchange for providing

labor, producing a good or service, or through investing capital.

Covid-19 - Corona Virus or also known as Covid-19 Virus gets its name from the word
corona means crowd in Latin.
Definition of Terms
Pandemic - an outbreak of a disease that occurs over a wide geographic area (such as
multiple countries or continents) and typically affects a significant proportion of the
population and it causes a high degree of mortality (death)

Capital - is a large sum of money, property and machinery that was used to start a
business, or which you invest in order to make more money.

Inventory- refers to all the items, goods, merchandise, and materials held by a business
for selling in the market to earn a profit.
Chapter II:
Review of Related
Literature
Chapter III:
THE RESEARCH DESIGN
The researchers used a Qualitative Research Design for this study. The
method includes a written interview for collecting data from the
respondents to answer the status for the subject study. It is the technique
of obtaining information by posing written questions to individuals who are
thought to have the desired information.
POPULATION AND SAMPLE
FRAME
From a single barangay in Las Piñas, we came up with the total number of
5 sari-sari store owners who operated their business during the pandemic
to be our respondents.
THE RESEARCH
INSTRUMENTS
The researchers used a written interview on gathering data from the
respondents as an instrument. The questions and statements in the
questionnaire were planned ahead of time and it was based on the
research objectives of the study; with this, the researchers will be able to
acquire precise information from the respondents that would help them
identify the diverse emotions that the students are experiencing. The
written interview was divided into two parts: the demographic profile,
and a list of questions about the Complications brought by COVID-19
Pandemic to Sari-Sari Stores in Las Piñas that led to Inflation.
DATA GATHERING
PROCEDURES
The primary data gathering instrument used by the researchers in this
study was a written interview which was prepared by the researchers
with the consultation of research advisers. The part I of the questionnaire
will determine the personal profile of the respondents regarding their
age, sex and civil status. It will also determine the Business profile in
terms of starting capital, daily sales, daily income, hours of operation,
and days of operation. Complications brought by COVID-19 Pandemic to
Sari-Sari Stores in Las Piñas that led to Inflation in terms of income,
inventory, capital and operation will be determined in part II.
PLANS FOR DATA
ANALYSIS
After all the questionnaires have been obtained with the desired information, the
researchers will do the data analysis and interpretation for the study.
STATISTICAL TREATMENT OF DATA
The number of respondents was calculated using the Slovin’s formula below:
N / n = 1+ Ne2

The first problem and second problem are statistically handled using the frequency count and the resulting percentage using
the formula shown below:
P = f / n x 100

Where: P = percentage equivalent

f = number of respondents per bracket
n = total number of respondents

Data regarding to the Complications brought by COVID-19 Pandemic to Sari-Sari Stores in Las Piñas that led to inflation
were treated statistically by using weighted mean (WM) with the use of the formula shown on next page:
AWM = WM ∑
C

Where: WM = weighted mean for each category

AMW = average weighted mean for each variable
F = number of respondents N = total number of respondents
C = total number of categories
Thank You!