On a monthly basis, the retail price index of selected construction materials in NCR dropped to -0.7 percent in November from 0.1 percent in October. This can be attributed to the decreases of the indexes of carpentry materials at -1.2 percent in November from 0.4 percent in October and miscellaneous construction materials, -1.9 percent from -0.3 percent. The same rate was posted in masonry materials at -0.1 percent. In addition, prices of electrical materials eased to 0.6 percent from 1.1 percent. Prices of painting materials and related compounds generally remained stable as the group's index posted a zero growth. The rest of the commodity groups have higher monthly growth rates.

The month-on-month growth rate of the retail prices of selected construction materials in NCR went up at a slower pace of 0.3 percent in September from 0.4 in August. Prices of carpentry materials decreased to -0.7 percent in September from 0.3 percent in August. Moreover, price increases in electrical materials and masonry materials index correspondingly eased to 0.9 percent and 0.2 percent from 2.0 percent and 0.3 percent, respectively. Meanwhile, price increments in tinsmithry and miscellaneous construction materials index were higher at 0.4 percent and 2.8 percent, respectively from their corresponding last monthÒ³ rates of zero growth and 0.1 percent. Prices of painting materials and related compounds generally remained stable as the groupÒ³ index posted a zero growth.

On a monthly basis, the Retail Price Index of Selected Construction Materials in NCR dropped to -0.6 percent in July from 0.2 percent in June. This can be attributed to the decreases in the indexes of carpentry materials and masonry materials at -1.4 percent and zero growth from their last month's rates of 0.8 percent and 0.2 percent, respectively. The miscellaneous construction materials and the painting materials and related compounds indices also continued to post a negative rate of -0.3 percent from their respective previous month's rates of -0.6 percent and -0.3 percent. The rest of the commodity groups have higher monthly growth rates.