Construction Materials Retail Price Index in the National Capital Region (2012=100) : May 2020

Reference Number: 

2020-119

Release Date: 

Wednesday, June 24, 2020

Construction Materials Retail Price Index (CMRPI)
In the National Capital Region (NCR)
(2012=100)

May 2020

Table A. Year-on-Year Changes of CMRPI, in Percent
(2012=100)

May 2020 April 2020 May 2019 Year-to-Date
1.0 0.8 1.5 0.9

                                         
                                         

Figure 1. Annual Growth Rates of CMRPI for All Items
May 2019 - May 2020
 

GWPI

    

Annual rate of CMRPI in NCR picks up

The annual rate of increase of CMRPI in NCR was recorded at 1.0 percent in May 2020. This was higher than its annual rate posted in April 2020 at 0.8 percent. On the other hand, the annual rate of CMRPI in May 2019 was registered at 1.5 percent. (Table A and Table 2)

Annual increments were higher in the indices of carpentry materials at 1.0 percent and tinsmithry materials, 1.4 percent during the month. Meanwhile, the annual gain in masonry materials index slowed down to 0.6 percent.

The indices of other commodity groups such as electrical materials, painting materials and related compounds, plumbing materials, and miscellaneous construction materials retained their previous month’s annual growth rates. (Table 2)

 

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