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

Reference Number: 


Release Date: 

Sunday, December 26, 2021

Table A. Year-on-Year Growth Rates of the CMRPI in NCR, All Items
In Percent

October 2020 September 2021 October 2021 Year-to-Date*
1.4 2.0 2.1 1.4

                                                   * Year-on-year change of average CMRPI for January to October, 2021 vs. 2020
                                                             Source: Philippine Statistics Authority



Figure 1. Annual Growth Rates of the CMRPI in NCR, All Items
October 2020 - October 2021



Annual rate of CMRPI in NCR picked up at faster pace in October 2021

The CMRPI in NCR continued its upward trend as its annual rate increased further to 2.1 percent in October 2021, from 2.0 percent in September 2021. Its annual change in October 2020 was recorded at 1.4 percent. (Tables A and 2)

Relative to their annual growth rates in September 2021, annual increments in October 2021 were higher in the indices of plumbing materials at 1.8 percent; tinsmithry materials, 3.6 percent; and miscellaneous construction materials, 2.8 percent. (Table 2)

On the other hand, annual hikes slowed down in the indices of carpentry materials and masonry materials at 1.3 percent; and painting materials and related compounds, 1.4 percent.

The index of electrical materials retained its previous month’s annual growth rate of 1.3 percent. (Table 2)

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