General Retail Price Index in the National Capital Region (2012=100) : November 2022

Reference Number: 2023-048
Release Date: 26 January 2023

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

November 2021 October 2022 November 2022 Year-to-Date
2.3 6.0 6.0 4.4

                                                  Source: Retail Price Survey of Selected Commodities for the Generation of Retail Price Index,
                                                        Philippine Statistics Authority

                                         

 

Figure 1. Growth Rates of the GRPI in NCR, All Items
November 2021 - November 2022
(2012=100)
 

GWPI

    

Annual growth rate of GRPI in NCR remained at 6.0 percent

GRPI in November 2022 retained its October 2022 year-on-year growth rate of 6.0 percent. In November 2021, its annual change was observed at 2.3 percent. (Tables A and 2)

Higher annual increments were noted in the indices of the following commodity groups:

          a. Food, 9.7 percent;
          b. Crude materials, inedible except fuels, 4.3 percent;
          c. Manufactured goods classified chiefly by materials, 3.5 percent; and
          d. Miscellaneous manufactured articles, 1.5 percent.

Meanwhile, annual increases slowed down in the indices of mineral fuels, lubricants, and related materials, at 15.1 percent; and chemicals, including animal and vegetable oils and fats, at 3.5 percent.

The indices of beverages and tobacco and machinery and transport equipment retained their previous months’ annual growth rates. (Table 2)

 

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