Construction Materials Retail Price Index in the National Capital Region (2012=100): March 2021

Reference Number: 

2021-160

Release Date: 

Friday, April 16, 2021

Table A. Year-on-Year Growth Rates of the CMRPI in NCR, All Items
In Percent
(2012=100)

March 2021 February 2021 March 2020 Year-to-Date
1.2 1.1 0.9 1.2

                                                   Source: Philippine Statistics Authority
                                         

 

Figure 1. Growth Rates of the CMRPI in NCR, All Items
March 2020 - March 2021
(2012=100)
 

GWPI

                                                                                                              
    


CMRPI in NCR increases at faster pace in March 2021

The annual change of CMRPI in NCR went up by 1.2 percent in March 2021, from 1.1 percent in February 2021. Meanwhile, its annual rate in March 2020 was registered at 0.9 percent. (Tables A and 2)

Relative to their annual rates in February 2021, annual hikes were higher in the indices of the following commodity groups:

  • Carpentry materials, 1.5 percent;
  • Masonry materials, 1.7 percent;
  • Painting materials and related compounds, 0.8 percent; and
  • Miscellaneous construction materials, 1.1 percent.

The rest of the commodity groups retained their previous month’s annual growth rates during the month. (Table 2)

 

See more at the Construction Materials Retail Price Index Main page

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