Construction Materials Retail Price Index in the National Capital Region (2012=100): January 2022

Reference Number: 2022-145
Release Date: 11 April 2022

Table A. Year-on-Year Growth Rates of the CMRPI in NCR, All Items
In Percent

January 2021 December 2021 January 2022 Year-to-Date*
1.2 2.7 3.0 3.0

                                                    Source: Philippine Statistics Authority


Figure 1. Growth Rates of the CMRPI in NCR, All Items
January 2021 - January 2022



CMRPI in NCR continues to increase in January 2022

The annual increment of CMRPI in NCR increased further to 3.0 percent in January 2022 from its previous month’s annual rate of 2.7 percent. In January 2021, its annual growth was observed at 1.2 percent. (Tables A and 2)

Annual hikes were higher in the indices of the following commodity groups:

          a. Electrical materials, 2.8 percent;
          b. Masonry materials, 2.0 percent;
          c. Plumbing materials, 3.8 percent;
          d. Tinsmithry materials, 4.2 percent; and
          e. Miscellaneous construction materials, 4.4 percent. (Table 2)

Meanwhile, annual increases decelerated in the indices of carpentry materials at 1.1 percent; and painting materials and related compounds at 1.9 percent.

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