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

Reference Number: 2020-207
Release Date: 17 August 2020

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

June 2020

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

June 2020 May 2020 June 2019 Year-to-Date
1.2 1.3 3.2 1.5

                                              Source : Philippine Statistics Authority

                                               

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

GWPI

    

CMWPI in NCR continues to pick up at slower annual pace during the month

The annual rate of increase of CMWPI in NCR slowed down further to 1.2 percent in June 2020. Higher annual rates were posted in May 2020 at 1.3 percent and in June 2019, 3.2 percent. (Table A and Table 2)

Annual rates decreased in the indices of plywood at 0.4 percent; plumbing fixtures and accessories/waterworks, 0.5 percent; and fuels and lubricants, 10.5 percent. Moreover, compared with their annual rates in May 2020, slower annual increments were posted in the indices of the following commodity groups:

          a. Hardware, 3.2 percent;
          b. G.I. sheet, 1.5 percent;
          c. Tileworks, 16.5 percent;
          d. Doors, jambs, and steel casement, 0.1 percent;
          e. Electrical works, 0.9 percent; and
          f.  PVC pipes, 6.8 percent.

Meanwhile, annual gains were higher in the indices of the following commodity groups during the month:

          a. Concrete products and cement, 0.8 percent;
          b. Lumber, 3.9 percent;
          c. Reinforcing and structural steel, 0.4 percent; and
          d. Painting works, 0.9 percent.

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

 

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