Skip to main content
Release Date :

August 2011


  • Month-on-Month

    On a monthly basis, the General Retail Price Index (GRPI) in the National Capital Region (NCR) went down by -0.1 percent in August from 0.1 percent growth in July. This was attributed to the decrease in the heavily weighted food index at -0.1 percent in August from 0.1 percent in July. Moreover, a negative rate of -0.6 percent was still posted by the mineral fuels, lubricants and related materials index. A slower rate of increase of 0.1 percent was also noted in miscellaneous manufactured articles index from 0.2 percent. The same August rate of 0.1 percent was registered in indexes of beverages and tobacco and chemicals, including animal and vegetable oils and fats while no movement was seen in the indexes of manufactured goods classified chiefly by materials and machinery and transport equipment.

    Price reductions were noted in chicken, rice and sugar. Likewise, price cuts were observed in gasoline, diesel fuel, kerosene, cement and steel bars. Meanwhile, prices of gravel and sand were on the uptrend.

  • Year-on-Year

    The annual growth rate of the GRPI in NCR slowed down to 3.6 percent in August from 4.0 percent in July as all the commodity groups recorded slower annual growth rates except for crude materials, inedible except fuels and chemicals, including animal and vegetable oils and fats index. Annual increment in the heavily weighted food index eased to 4.5 percent in August from 5.3 percent in July; beverages and tobacco, 3.3 percent from 3.4 percent; mineral fuels, lubricants and related materials, 17.0 percent from 17.8 percent; manufactured goods classified chiefly by materials, 2.3 percent from 2.4 percent; machinery and transport equipment, 2.1 percent from 2.2 percent; and miscellaneous manufactured articles, 1.5 percent from 1.6 percent. On the other hand, the annual gain in crude materials, inedible except fuels index was higher at 0.1 percent from zero growth while that of chemicals, including animal and vegetable oils and fats index remained at 2.4 percent.


    Source: National Statistics Office
    Manila, Philippines

    Page last revised: October 7, 2011

Tags

Related Contents

General Retail Price Index in the National Capital Region (2012=100) : December 2023

The annual rate of GRPI in NCR continued to increase steadily as it retained its previous month’s year-on-year growth rate at 2.9 percent, ending its three consecutive months of slower annual…

General Retail Price Index in the National Capital Region (2012=100) : November 2023

The annual rate of GRPI in NCR continued its downtrend as it slowed down further to 2.9 percent in November 2023 from 3.4 percent in October 2023.

General Retail Price Index in the National Capital Region (2012=100) : October 2023

The annual rate of GRPI in NCR continued its downtrend as it slowed down further to 3.4 percent in October 2023 from 3.6 percent in September 2023.