Table A. Year-on-Year Growth Rates of the CMRPI in NCR, All Items
In Percent
(2012=100)
1.1 | 3.0 | 3.3 | 3.2 |
Source: Retail Price Survey of Selected Commodities for the Generation of Construction Materials
Retail Price Index, Philippine Statistics Authority
Figure 1. Growth Rates of the CMRPI in NCR, All Items
February 2021 - February 2022
(2012=100)
CMRPI in NCR rose further in February 2022
The CMRPI in NCR continued its upward trend as its annual rate moved up at a faster pace of 3.3 percent in February 2022, from 3.0 percent in the previous month. Its annual growth in February 2021 was lower at 1.1 percent. (Tables A and 2)
Higher annual increments were noted in the indices of the following commodity groups during the month:
a. Painting materials and related compounds, 2.3 percent;
b. Plumbing materials, 4.5 percent; and
c. Tinsmithry materials, 5.2 percent.
On the other hand, annual increments were slower in the indices of masonry materials at 1.9 percent; and miscellaneous construction materials at 3.4 percent. The indices of carpentry materials and electrical materials retained its previous month’s annual rate of 1.1 percent and 2.8 percent, respectively. (Table 2)
See more at the Construction Materials Retail Price Index Main page