GRPI

General Retail Price Index in the National Capital Region (1978=100) : May 2009

The month-on-month inflation rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) went up at a slower pace of 0.1 percent in May from 0.5 percent in April. This was mainly due to the slowdown in the monthly rates posted in the indices of beverages and tobacco (0.1% from 0.7%), crude materials, inedible except fuels (0.1 % from 1.7%); and mineral fuels, lubricants and related materials, (-0.2% from 4.9%). In addition, a negative rate of -0.4 percent was recorded in the manufactured goods classified chiefly by materials Add-ons in the prices of food remained at 0.2 percent. The machinery and transport materials index moved up to 0.2 percent from -0.1 percent.

General Retail Price Index in the National Capital Region (1978=100) : April 2009

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) inched up to 0.5 percent in April from 0.2 percent in March. Higher monthly price increments were registered in the beverages and tobacco index at 0.7 percent in April from 0.6 percent in March; crude materials, inedible except fuels, 1.7 percent from 0.1 percent; and mineral fuels, lubricants and related materials, 4.9 percent from -2.8 percent. On the other hand, a slower monthly positive rate was recorded in food index at 0.2 percent from 0.3 percent while no movement was seen in the miscellaneous manufactured articles index. The rest of the commodity groups posted negative rates.

General Retail Price Index in the National Capital Region (1978=100) : March 2009

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) picked up to 0.1 percent in March from -0.1 percent in February. This was attributed mainly to the increments in the prices of the heavily weighted food index at 0.2 percent in March from -0.4 percent in February. In addition, the monthly price increases in crude materials, inedible except fuels index were higher at 0.1 percent in March from zero growth in February; chemicals, including animal and vegetable oils and fats index, 1.2 percent from 0.5 percent; manufactured goods classified chiefly by materials and machinery and transport equipment indices, 0.4 percent from -0.2 percent and 0.1 percent respectively; and miscellaneous manufactured articles, 0.9 percent from 0.1 percent. The same growth was noted in beverages and tobacco index at its February rate of 0.6 percent while mineral fuels, lubricants and related materials index posted a negative rate of -2.8 percent from 1.4 percent.

General Retail Price Index in the National Capital Region (1978=100) : February 2009

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) dropped to -0.1 percent in February from 0.9 percent in January. Declines were registered in the price indexes of the heavily weighted food at -0.4 percent from 1.5 percent and in manufactured goods classified chiefly by materials at -0.2 percent from zero growth. The crude materials, inedible except fuels and miscellaneous manufactured articles retained their previous month's rates of zero growth and 0.1 percent respectively. The rest of the commodity groups posted higher positive monthly rates.

General Retail Price Index in the National Capital Region (1978=100) : January 2009

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) went up to 0.9 percent in January from -0.7 percent in December. Prices of the heavily weighted food index increased by 0.6 percentage points to 1.5 percent in January from 0.9 percent in December. Moreover, prices of chemicals, including animal and vegetable oils and fats also went up to 0.1 percent from -0.1 percent. On the other hand, no price movements were seen in the rest of the commodity groups while miscellaneous manufactured group index eased to 0.1 percent from 1.3 percent. The index of mineral fuels, lubricants and related materials still recorded a negative rate of -0.5 percent.

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