Retail Price Index of Selected Construction Materials in the National Capital Region (2000=100) : January 2019

Reference Number: 

2019-060

Release Date: 

Thursday, February 14, 2019

 


CONSTRUCTION MATERIALS RETAIL PRICE INDEX
IN THE NATIONAL CAPITAL REGION

(2000=100)

JANUARY 2019
Year-on-Year and Month-on-Month Changes in Percent

  Janaury 2019 December 2018  January 2018 Year-to-date
Year-on-Year

2.5

2.4

2.0

2.5
Month-on-Month

0.2

0.4

0.1

 

                                               

Year-on-Year

Annual rate of CMRPI in NCR picks up in January 2019

          The annual rate of Construction Materials Retail Price Index (CMRPI) in the National Capital Region (NCR) went up by 2.5 percent in January 2019. Its annual change in December 2018 was posted at 2.4 percent and in January 2018, 2.0 percent. Higher annual increments were registered in the indices of electrical materials at 1.4 percent; masonry materials, 5.9 percent; and miscellaneous construction materials, 2.3 percent. On the other hand, the annual increase in plumbing materials index slowed down to 0.9 percent. Other commodity groups retained their previous month’s annual rates during the period (see Table 2).

 

Year-onYear Changes of the CMRPI in NCR

 

Month-on-Month

CMRPI in NCR exhibits a slower monthly increase in January 2019

          The increment of CMRPI in NCR slowed down to 0.2 percent in January 2019. In the previous month, its rate was recorded at 0.4 percent. The indices of carpentry materials moved up at a slower pace of 0.1 percent; electrical materials, 0.2 percent; masonry materials and miscellaneous construction materials, both at 0.5 percent. From a zero growth in the previous month, the indices of painting materials and related compounds rose by 0.3 percent and tinsmithry materials, 0.2 percent. In addition, plumbing materials index declined further by   0.05 percent from 0.03 percent (see Table 3).

          Price hikes were seen in the prices of plywood, lumber, electrical wires, cement, gravel, sand, selected paints and corrugated G.I. sheets. These were, however, tempered by the lower prices of G.I. pipes.

 

See more at the Construction Materials Retail Price Index Main page

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