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Construction Materials Wholesale Price Index in the National Capital Region (2012=100) : August 2020

Reference Number: 2020-278
Release Date: 18 September 2020

Construction Materials Wholesale Price Index (CMWPI)
in the National Capital Region (NCR)
(2012=100)

August 2020

Table A. Year-on-Year Growth Rates of the CMWPI in NCR, All Items
In Percent
(2012=100)

August 2020 July 2020 August 2019 Year-to-Date
1.0 1.8 3.5 1.5

                                              Source : Philippine Statistics Authority

                                               

Figure 1. Annual Growth Rates of the CMWPI in NCR, All Items
August 2019 - August 2020
(2012=100)

GWPI

                                                                Source : Philippine Statistics Authority
    

CMWPI in NCR slowly picks up during the month

The annual increment of CMWPI in NCR eased to 1.0 percent in August 2020. Its annual rate in July 2020 was posted at 1.8 percent and in August 2019, 3.5 percent. (Tables A and 2)

Annual rates continued to decrease in the indices of the following commodity groups during the period:

          a. Plywood; and plumbing fixtures and accessories/waterworks, both at 0.6 percent;
          b. Reinforcing and structural steel, 2.5 percent; and
          c. Fuel and lubricants, 5.8 percent.

Relative to their annual rates in July 2020, annual increases were slower in the indices of concrete products and cement at 3.2 percent; G.I. sheet, 0.9 percent; and tileworks, 13.4 percent.

On the other hand, annual mark-ups were higher in the indices of the following commodity groups during the month:

          a. Sand and gravel, 1.2 percent;
          b. Electrical works, 2.1 percent;
          c. Painting works, 0.7 percent; and
          d. PVC pipes, 3.8 percent.

The indices of the rest of the commodity groups retained their previous month’s annual growth rates. (Table 2)
 

 

See more at the Construction Materials Wholesale Price Index Main page.


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