GRPI

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.

General Retail Price Index in the National Capital Region (1978=100) : December 2008

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) continued to drop at -0.7 percent in December from -1.4 percent in November as prices of mineral fuels, lubricants and related materials further declined by -16.7 percent from -11.1 percent. Moreover, prices of chemicals, including animal and vegetable oils and fats and manufactured goods classified chiefly by materials also went down by -0.1 percent and -0.2 percent, respectively from their corresponding last month's rates of 0.5 percent and -1.4 percent. Prices of beverages and tobacco posted a zero growth rate during the month. The rest of the commodity groups however recorded higher positive monthly growth rates.

General Retail Price Index in the National Capital Region (1978=100) : November 2008

The month-on-month growth rate of the General Retail Price Index (GRPI) in the National Capital Region (NCR) continued to register a negative rate at -1.4 percent in November from -1.6 percent in October. This was mainly due to the price declines posted in the following commodity groups: food index, -0.5 percent in November from -0.9 percent in October; mineral fuels, lubricants and related materials index, -11.1 percent from -6.9 percent; manufactured goods classified chiefly by materials index, -1.4 percent from -3.6 percent; machinery and transport equipment index, -0.1 percent from 0.1 percent; and miscellaneous manufactured articles index, -0.4 percent from zero growth. In addition, the monthly growth rate of chemicals, including animal and vegetable oils and fats index eased to 0.5 percent from 0.6 percent. On the other hand, the monthly growth rate of beverages and tobacco index was higher at 0.3 percent from -0.3 percent while the index of crude materials, inedible except fuels had a zero growth rate since September.

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