Construction Materials Wholesale Price Index in the National Capital Region (2012=100) : May 2020

Reference Number: 

2020-115

Release Date: 

Monday, June 22, 2020

Construction Materials Wholesale Price Index (CMWPI)
in the National Capital Region (NCR)
(2012=100)

May 2020

Table A. Year-on-Year Growth Rates of the CMWPI in NCR, All Items
In Percent
(2012=100)

May 2020 April 2020 May 2019 Year-to-Date
1.3 1.5 3.0 1.6

                                              Source : Philippine Statistics Authority

                                               

Figure 1. Growth Rates of the CMWPI in NCR, All Items
May 2019 - May 2020
(2012=100)

GWPI

    

CMWPI in NCR continues to exhibit a slower annual pace during the month

The annual rate of CMWPI in NCR decelerated further to 1.3 percent in May 2020, from an annual increase of 1.5 percent in April 2020. In May 2019, its annual rate was higher at 3.0 percent. (Table A and Table 2)

Annual declines were still posted in the indices of plywood at 0.9 percent and fuels and lubricants, 21.3 percent. Moreover, annual hikes slowed down in the indices of the following commodity groups:

          a. Sand and gravel, 1.3 percent
          b. Concrete products and cement; and painting works, both at 0.7 percent;
          c. Hardware, 4.7 percent;
          d. Lumber, 3.3 percent;
          e. Doors, jambs, and steel casement, 0.4 percent; and
          f.  Plumbing fixtures and accessories/waterworks, 0.8 percent.

Meanwhile, a faster annual pace of 1.1 percent was registered in the index of electrical works during the month. The indices of the rest of the commodity groups maintained their previous month’s annual growth rates. (Table 2)

 

See more at the Construction Materials Wholesale Price Index Main page.

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