Construction Materials Wholesale Price Index in the National Capital Region (2018=100): April 2025
Table A. Year-on-Year Growth Rates of the CMWPI in NCR
All Items, In Percent
(2018=100)
|
|
|
|
|---|---|---|---|
| 0.7 | 0.2 | 0.3 | 0.2 |
| *Year-on-year change of average CMWPI for January to April 2025 vs. January to April 2024 Source: Philippine Statistics Authority, Wholesale Prices Survey of Selected Commodities for the Generation of Wholesale Price Index | |||
Figure 1. Annual Growth Rates of the CMWPI in NCR, All Items
April 2024 - April 2025
(2018=100)
The annual growth rate of the CMWPI in the NCR increased in April 2025.
The year-on-year growth rate of the CMWPI in the NCR rose to 0.3 percent in April 2025 from 0.2 percent annual increase in March 2025. In April 2024, its annual rate was registered at 0.7 percent. (Figure 1, and Tables A and 2)
The uptrend in the annual growth rate of the CMWPI was mainly caused by the higher annual increase of the tileworks index at 3.6 percent in April 2025 from 1.0 percent in the previous month.
In addition, faster annual growth rates were recorded in the indices of sand and gravel, and electrical works both with 0.4 percent year-on-year increase during the month from 0.3 percent in March 2025. The painting works index also recorded faster annual increase of 1.1 percent in April 2025 from 1.0 percent in the previous month.
On the contrary, compared with their respective annual growth rates in March 2025, slower annual increases were observed in the indices of the following commodity groups in April 2025:
a. Concrete products, 0.5 percent from 0.6 percent;
b. Hardware, 0.1 percent from 0.2 percent; and
c. Lumber, 1.0 percent from 1.1 percent.
Moreover, faster annual declines were recorded in the indices of the following commodity groups in April 2025:
a. Cement, -1.4 percent from -1.3 percent;
b. Structural steel, -1.4 percent from -1.2 percent; and
c. Fuels and lubricants, -4.0 percent from -3.2 percent.
Likewise, a 0.1 percent annual decrease was recorded in the index of G.I. sheet in April 2025 from a 0.1 percent annual increment in the previous month. Moreover, a 0.1 percent annual decline was observed in the indices of plywood and metal products during the month from zero percent annual rate in March 2025.
The indices for the rest of the commodity groups either retained their respective previous month’s annual growth rates or had zero percent annual rates in April 2025. (Table 2)
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