The annual rate of GRPI in NCR continued to increase steadily as it retained its previous month’s year-on-year growth rate at 2.9 percent, ending its three consecutive months of slower annual increases.
The annual growth of GRPI in NCR continued its downtrend as it decelerated further to 3.9 percent in July 2023 from 4.4 percent in June 2023, marking its fifth consecutive month of deceleration.
The annual growth of GRPI in NCR continued its downtrend as it slowed down further to 4.4 percent in June 2023 from 4.9 percent in May 2023. In June 2022, its year-on-year increment was recorded at 4.7 percent. (Figure 1, and Tables A, 2, and 4)
