General Retail Price Index in the National Capital Region (1978=100) : February 2009

Release Date :

February 2009

  • Month-on-Month

    The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) dropped to -0.1 percent in February from 0.9 percent in January. Declines were registered in the price indexes of the heavily weighted food at -0.4 percent from 1.5 percent and in manufactured goods classified chiefly by materials at -0.2 percent from zero growth. The crude materials, inedible except fuels and miscellaneous manufactured articles retained their previous month's rates of zero growth and 0.1 percent respectively. The rest of the commodity groups posted higher positive monthly rates.

    Price reductions in fresh fish, vegetables, sugar, cooking oil, and selected construction materials such as tanguile lumber, lawanit, nails and steel bars contributed to the downtrend.

  • Year-on-Year

    On an annual basis, the growth rate of the GRPI in NCR picked up to 4.8 percent in February from 4.7 percent in January. Higher annual rates were noticed in the prices of food items at 8.2 percent in February from 8.1 percent in January and in chemicals, including animal and vegetable oils and fats at 3.4 percent from 3.1 percent. Slower annual gains were posted in the rest of the commodity groups.

    Source: National Statistics Office
    Manila, Philippines

    Page last revised: April 29, 2009
Attachment Size
PDF Table 1.1 Retail Price Index in the National Capital Region (1978=100) 7.53 KB
PDF Table 1.2 Monthly Changes of the Retail Price Index in the National Capital Region in Percent (1978=100) 6.96 KB
PDF Table 1.3 Year-on-Year Changes of the Retail Price Index in the National Capital Region in Percent (1978=100) 7.36 KB
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GRPI

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