Table A. Year-on-Year Growth Rates of the CMRPI in NCR, All Items
In Percent
(2012=100)
1.3 | 1.4 | 1.6 | 1.2 |
* Year-on-year change of average CMRPI for January to August, 2021 vs. 2020
Source: Philippine Statistics Authority
Figure 1. Annual Growth Rates of the CMRPI in NCR, All Items
August 2020 - August 2021
(2012=100)
CMRPI in NCR increased further in August 2021
The CMRPI in NCR continued its upward trend as its annual growth rate moved up further to 1.6 percent in August 2021, from 1.4 percent in July 2021. Its annual change in August 2020 was registered at 1.3 percent. (Tables A and 2)
Relative to their annual growth rates in July 2021, annual upticks were higher in the indices of the following commodity groups during the month:
a. Electrical materials; and masonry materials, both at 1.2 percent;
b. Plumbing materials, 1.0 percent;
c. Tinsmithry materials, 2.5 percent; and
d. Miscellaneous construction materials, 1.8 percent.
Meanwhile, the indices of carpentry materials, and painting materials and related compounds retained their previous month’s annual growth rates of
1.5 percent and 1.1 percent, respectively. (Table 2)
See more at the Construction Materials Retail Price Index Main page