General Retail Price Index in the National Capital Region (2000=100) : November 2010

Release Date :

November 2010

  • Month-on-Month

    The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) further went up to 0.9 percent in November from 0.6 percent in October. The 2.3 percent growth in the heavily weighted food index from 1.0 percent primarily brought about the uptrend. Higher price increases were also correspondingly noted in the indexes of mineral fuels, lubricants and related materials and miscellaneous manufactured articles at 2.4 percent and 0.2 percent from 2.3 percent and 0.1 percent, respectively. On the other hand, price hike in machinery and transport equipment was slower at 0.2 percent from 0.5 percent. Prices of crude materials, inedible except fuels and manufactured goods classified chiefly by materials generally remained stable as they recorded zero growth during the month. Meanwhile, the same rate of 0.1 percent was still observed in the price gains of beverages and tobacco and chemicals, including animal and vegetable oils and fats indexes.

    Prices of chicken, fish, rice, corn, vegetables, sugar, cooking oil, gasoline, LPG, diesel fuel, kerosene, engine oil and lubricating oil picked up during the month. Upward price adjustments in selected footwear were also recorded. 
     

  • Year-on-Year

    The annual growth of the GRPI in NCR advanced to 2.7 percent in November from 1.6 percent in October. The annual price increment in food index was higher at 3.1 percent in November from 0.7 percent in October; mineral fuels lubricants and related materials, 9.6 percent from 8.0 percent; manufactured goods classified chiefly by materials, 2.1 percent from 1.8 percent; machinery and transport equipment, 2.5 percent from 2.4 percent; and miscellaneous manufactured articles, 1.9 percent from 1.5 percent. On the other hand, annual price uptick in beverages and tobacco index decelerated to 1.3 percent in November from 1.4 percent in October; crude materials, inedible except fuels, 1.7 percent from 1.8 percent; and chemicals, including animal and vegetable oils and fats, 1.1 percent from 1.2 percent.

 

 

Source: National Statistics Office
Manila, Philippines

Page last revised: January 28, 2011
Attachment Size
PDF Table 1.1 Retail Price Index in the National Capital Region (2000=100) 6.61 KB
PDF Table 1.2 Monthly Changes of the Retail Price Index in the National Capital Region in Percent (2000=100) 6.38 KB
PDF Table 1.3 Year-on-Year Changes of the Retail Price Index in the National Capital Region in Percent (2000=100) 6.54 KB
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GRPI

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