General Retail Price Index in the National Capital Region (2012=100) : October 2021

Reference Number: 2021-506
Release Date: 23 December 2021

Table A. Year-on-Year Growth Rates of the GRPI in NCR, All Items
In Percent

October 2020 September 2021 October 2021 Year-to-Date*
1.2 2.0 2.1 1.9

                                                   *Year-on-year change of average GRPI for January to October, 2021 vs. 2020
                                                          Source: Philippine Statistics Authority



Figure 1. Year-on-Year Growth Rates of the GRPI in NCR, All Items
October 2020 - October 2021



GRPI in NCR picked up in October 2021

The annual growth of GRPI in NCR went up by 2.1 percent in October 2021. This was higher than its annual rate in September 2021 at 2.0 percent and in October 2020 at 1.2 percent. (Tables A and 2)

The annual growth rate of the index of mineral fuels, lubricants and related accelerated further by 22.1 percent in October 2021, from 15.6 percent in the previous month.

Meanwhile, annual increases decelerated in the indices of the following commodity groups:

  • Food, 1.9 percent;
  • Beverages and tobacco, 6.0 percent;
  • Crude materials, inedible except fuels, 1.0 percent; and
  • Miscellaneous manufactured articles, 0.2 percent.

The indices of other commodity groups such as chemicals, including animal and vegetable oils and fats; manufactured goods classified chiefly by materials; and machinery and transport equipment retained their previous month’s annual growth rates. (Table 2)


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