Construction Materials Retail Price Index in the National Capital Region (2012=100): November 2021

Reference Number: 2022-028
Release Date: 26 January 2022

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

November 2020 October 2021 November 2021 Year-to-Date*
1.7 2.1 2.3 1.5

                                                   * Year-on-year change of average CMRPI for January to November, 2021 vs. 2020
                                                             Source: Philippine Statistics Authority



Figure 1. Annual Growth Rates of the CMRPI in NCR, All Items
November 2020 - November 2021



CMRPI in NCR continued to move upward in November 2021

Annual rate of CMRPI in NCR picked up further to 2.3 percent in November 2021, from 2.1 percent in October 2021. Its annual growth in November 2020 was recorded at 1.7 percent. (Tables A and 2)

Annual increments were higher in the indices of the following commodity groups in November 2021:

  • Carpentry materials, and masonry materials, both at 1.4 percent;
  • Electrical materials, 2.2 percent;
  • Painting materials and related compounds, 1.9 percent;
  • Plumbing materials, 2.9 percent; and
  • Miscellaneous construction materials, 3.4 percent.

Meanwhile, annual uptick decelerated in the index of tinsmithry materials at 2.4 percent during the month. (Table 2)

See more at the Construction Materials Retail Price Index Main page

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