Retail Price Index of Selected Construction Materials in the National Capital Region (2000=100) : February 2014

Reference Number: 

2014-012

Release Date: 

Friday, March 14, 2014

 

 


Year-on-Year and Month-on-Month Growth Rates
of Construction Materials Retail Price Index: February 2014 and January
2014

All Items February 2014  January 2014 Year-to-date
Year-on-Year

0.7

0.5

0.6
Month-on-Month

-0.2

-0.2

 

 

 

  • Year-on-Year

              The annual growth of the construction materials retail price index (CMRPI) in the National Capital Region (NCR) advanced 0.7 percent in February from 0.5 percent in January. A higher annual increase was noted in the index of carpentry materials at 0.9 percent in February from 0.3 percent in January; electrical materials index, 0.8 percent from 0.4 percent; and painting materials and related compounds index, 0.3 percent from -0.7 percent. On the other hand, slower annual increments were correspondingly recorded in the indices of masonry materials and tinsmithry materials at 0.1 percent and 5.6 percent from their respective last month’s rates of 1.0 percent and 5.9 percent. Annual declines were still posted in the indices of plumbing materials at -0.1 percent from -0.2 percent and miscellaneous construction materials, -4.4 percent from -2.1 percent.

             

     

  • Month-on-Month

              The CMRPI in NCR moved at its January rate of -0.2 percent. The index of masonry materials dropped by 0.7 percent in February from 0.8 percent, tinsmithry materials index, -0.4 percent from 0.8 percent; and miscellaneous construction materials index, -2.8 percent from -0.4 percent. Higher annual gains were however seen in the following commodity groups: carpentry materials index, 0.4 percent from -0.2 percent; painting materials and related compounds index, 0.2 percent from -0.4 percent; and electrical materials and plumbing materials indices, 0.1 percent from -0.7 percent and -0.3 percent, respectively.

              Lower price quotations were generally observed in cement, gravel, sand, corrugated GI sheets and steel bars. Meanwhile, prices of selected common wire nails, sand paper, solid electrical wires and plumbing fittings went up during the month.

 

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