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Release Date :
Reference Number :
2010-558

November 2010


  • Month-on-Month

    The Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) continued to post a zero growth in November as prices in most of the commodity groups generally remained stable during the month. Higher price gains were recorded in the index of fuels and lubricants at 2.4 percent from 1.8 percent and asphalt, 7.5 percent from zero growth. Meanwhile, a price decline was observed in the index of cement at -1.5 percent in November from -0.4 percent in October.

  • Year-on-Year

    On an annual basis, the movement of CMWPI in NCR at 4.9 percent in November was the same rate recorded in October. A higher annual price hike was noted in the index of sand, stone and gravel at 4.2 percent in November from 3.8 percent in October; asphalt, 15.9 percent from 7.8 percent; and structural steel, 7.0 percent from 6.3 percent. Slower annual price adjustments were however registered in the indexes of cement, plywood and fuels and lubricants. The annual price changes for the rest of the commodity groups remained at their last month's rates while those for blasting materials and machinery and equipment rental were still zero.


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: December 23, 2010

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