General Retail Price Index (GRPI)
In the National Capital Region (NCR)
Table A. Year-on-Year Growth Rates of the GRPI in NCR, All Items,
Source: Philippine Statistics Authority
Figure 1. Growth Rates of the GRPI in NCR, All Items
September 2019 - September 2020
GRPI in NCR slows down further in September 2020
The GRPI in NCR continued to move downward as its annual rate slowed down further to 1.2 percent in September 2020. In the previous month, its annual rate was recorded at 1.4 percent and in September 2019 at 0.9 percent. (Table A and Table 2)
The annual change of the index of mineral fuels, lubricants and related materials went down further by -8.4 percent in September 2020. In addition, annual increases decelerated in the indices of the following commodity groups during the month:
- Food, 2.6 percent;
- Beverages and tobacco, 5.5 percent;
- Manufactured goods classified chiefly by materials, 1.1 percent; and
- Miscellaneous manufactured articles, 0.5 percent.
Meanwhile, the index of machinery and transport equipment recorded an annual rate of 0.1 percent during the month, from zero growth in the previous month. The same previous month’s annual growth rates were observed in the indices of crude materials, inedible except fuels at 1.8 percent, and chemicals including animal and vegetable oils and fats at 0.3 percent. (Table 2)
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