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Release Date :
Reference Number :
2022-248

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

March 2021 February 2022 March 2022 Year-to-Date*
1.2 3.3 4.8 3.7

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
March 2021 - March 2022
(2012=100)

GWPI



CMRPI in NCR went up at a faster pace in March 2022

The annual growth rate of CMRPI in NCR continued its uptrend as it moved up further to 4.8 percent in March 2022, from 3.3 percent in the previous month. Its annual growth rate in March 2021 was notably lower at 1.2 percent. (Tables A and 2)

Relative to their annual growth rates in February 2022, all commodity groups registered higher annual change during the month. Among the commodity groups, the following registered the highest annual increments:

a. Electrical Materials, 3.6 percent;
b. Plumbing materials, 6.9 percent;
c. Tinsmithry materials, 7.3 percent; and
d. Miscellaneous construction materials, 6.7 percent. (Table 2)

See more at the Construction Materials Retail Price Index Main page

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