GENERAL RETAIL PRICE INDEX (GRPI)
IN THE NATIONAL CAPITAL REGION (NCR)
Table A. Year-on-Year Changes of GRPI for All Items, in Percent
Figure 1. Annual Growth Rate of GRPI for All Items, in Percent
January 2019 - January 2020
Annual rate of increase of GRPI in the National Capital Region (NCR) decelerates during the month
The annual growth rate of GRPI in NCR slowed down to 1.6 percent in January 2020. In the previous month, its annual rate was posted at 1.7 percent and in January 2019, 2.2 percent. (Table A and Table 2)
Slower annual mark-ups were registered in the following commodity groups:
- Food, 2.1 percent;
- Crude materials, inedible except fuels, 0.3 percent;
- Chemicals, including animal and vegetable oils and fats, 0.8 percent; and
- Manufactured goods classified chiefly by materials, 1.1 percent.
Meanwhile, annual increments were higher in the indices of beverages and tobacco at 3.5 percent; mineral fuels, lubricants and related materials, 5.4 percent; and miscellaneous manufactured articles, 1.2 percent. The index of machinery and transport equipment retained its previous month’s annual growth rate of 0.5 percent. (Table 2)
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