GRPI

General Retail Price Index in the National Capital Region (2000=100) : December 2009

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) went up to 0.2 percent in December from -0.1 percent in November. This was attributed mainly to higher price increments in the indexes of mineral fuels, lubricants and related materials and miscellaneous construction materials at 5.0 percent and 0.5 percent, respectively from their corresponding previous monthÒ³ rates of 1.0 percent and -0.1 percent. Price gain in chemicals, including animal and vegetable oils and fats index remained at 0.1 percent while the price increase in beverages and tobacco index eased to 0.1 percent from 0.2 percent. Prices of crude materials, inedible except fuels, manufactured goods classified chiefly by materials and machinery and transport equipment generally remained stable as their indexes recorded zero growth.

General Retail Price Index in the National Capital Region (2000=100) : November 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 November from 1.4 percent in October. This was due to the declines in the indices of the heavily weighted food at -0.1 percent in November from 3.3 percent in October; manufactured goods classified chiefly by materials, -0.3 percent from zero growth and miscellaneous manufactured articles, -0.1 percent from 0.3 percent. In addition, price hike in chemicals, including animal and vegetable oils and fats and machinery and transport equipment correspondingly slowed down to 0.1 percent from 0.3 and 1.6 percent, respectively. The same rate was noted in beverages and tobacco at 0.2 percent while the rest of the commodity groups have higher monthly positive rates.

General Retail Price Index in the National Capital Region (2000=100) : October 2009

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) went up to 1.4 percent in October from 0.4 percent in September. The 3.3 percent growth in the food index from 0.7 percent primarily brought about the uptrend. Higher price increases were also correspondingly noted in the indices of beverages and tobacco and machinery and transport at 0.2 percent and 1.6 percent from 0.1 percent and -0.6 percent, respectively, On the other hand, price hikes in chemicals, including animal and vegetable oils and fats and miscellaneous manufactured articles indices were slower at 0.3 percent from 0.6 percent. Prices of mineral fuels, lubricants and related materials also dropped by -0.6 percent from 0.1 percent while those for crude materials, inedible, except fuels and manufactured foods classified chiefly by materials remained stable as they recorded zero growth.

Annual Growth Rates of the 1978 and 2000-based General Retail Price Index (January to September 2009)

The annual growth rates of the 1978-based and 2000-based General Retail Price Index in NCR generally followed the same trend from January to September 2009 with the rates of the 2000-based series generally higher than that of the 1978-based series. The biggest difference of 2.8 percentage points between the annual growth rates of the two series was noted in July.

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

The month-on-month inflation rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) went up to 0.6 percent in August from 0.1 percent in July. A higher price increase was noted in the heavily weighted food index at 0.3 percent in August from 0.1 percent in July; mineral fuels, lubricants and related materials and manufactured goods classified chiefly by materials, 4.6 percent and 0.8 percent from zero growth; machinery and transport equipment, 0.3 percent from 0.1 percent and miscellaneous manufactured articles, 0.6 percent from 0.3 percent. Prices of crude materials, inedible except fuels remained stable as its index posted a zero growth. The beverage and tobacco index retained its previous rate of 0.2 percent while the index of chemicals, including animal and vegetable oils and fats recorded a movement of -0.2 percent.

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