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Release Date :
Reference Number :
2010-527

June 2010


  • Month-on-Month

    The month-on-month growth rate of the Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) decelerated to 0.3 percent in June from 1.4 percent in May as prices of fuels and lubricants further decreased to -2.8 percent from -0.5 percent. In addition, slower price adjustments were posted in the indexes of the following commodity groups: lumber (1.0% from 3.1%); hardware and metal pipes (0.1% from 1.4% and 1.3%, respectively); paints and reinforcing steel (0.2% from 1.0% and 0.9%, respectively); G.I. sheets (0.6% from 1.5%); interior electrical fixtures and devices and electrical rough-in materials (0.3% from 0.8% and 1.4%, respectively). However, a higher price increment was recorded in the index of cement at 2.8 percent from 2.1 percent. Price movements in the rest of the commodity groups were generally stable during the month.

  • Year-on-Year

    The annual growth rate of the CMWPI in NCR inched up to 4.2 percent in June from 4.1 in May. Higher annual price add-ons were noted in the indexes of sand, stone and gravel, cement, lumber, metal pipes, G.I. sheets, exterior electrical equipment/supplies, interior electrical fixtures and devices and electrical rough-in materials. On the other hand, price declines were observed in the indexes of wood products and paints while slower annual price changes were seen in the indexes of fuels and lubricants, asphalt and hardware. The annual price increments for the other commodity groups remained at their respective last month's rates while those for blasting materials and machinery and equipment rental were zero.

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    NOTE :

    Revisions of the monthly series from January 2009 to April 2010 were made to incorporate the machinery and equipment rental rates based on the latest updated data from the official source.

Source: National Statistics Office
Manila, Philippines

Page last revised: July 24, 2010

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