Skip to main content
Release Date :
Reference Number :
2012-702


  • Month-on-Month

    The monthly change of the retail price index of selected construction materials in the National Capital Region (NCR) went up to 0.6 percent in March from 0.4 percent in February. The monthly gain in electrical materials index increased to 1.3 percent in March from 0.7 percent in February; masonry and plumbing materials, 0.6 percent from their corresponding previous month's rates of 0.2 percent and zero growth; and painting materials and related compounds, 0.8 percent from -0.1 percent. However, the increase in carpentry materials index was slower at 0.1 percent from 0.3 percent. The growth in miscellaneous construction materials index remained at 1.6 percent while that for tinsmithry materials index further dropped to -1.0 percent from -0.4 percent.

    Price hikes were noted in selected electrical wires and wiring devices, cement, gravel, sand, hollow blocks, paints, sand paper and GI pipes. Meanwhile, a price decline was still registered in corrugated GI sheet.

  • Year-on-Year

    The annual increment of the retail price index of selected construction materials in NCR picked up to 3.1 percent in March from 2.9 percent in February. Annual adjustment in electrical materials index grew by 2.5 percent in March from 1.0 percent in February; masonry materials, 1.2 percent from 0.7 percent; painting materials and related compounds, 4.4 percent from 4.3 percent; plumbing materials, 3.3 percent from 2.1 percent; and miscellaneous construction materials, 14.6 percent from 13.7 percent. On the other hand, a slower annual growth was posted in carpentry materials index at 2.3 percent from 3.9 percent. That for tinsmithry materials index was still negative at -2.4 percent from -1.7 percent in February.


    Source: National Statistics Office
    Manila, Philippines

Tags

Related Contents

Construction Materials Retail Price Index in the National Capital Region (2012=100): January 2024

The annual rate of CMRPI in NCR in January 2024 remained at its previous month’s year-on-year growth rate of 1.4 percent.

Construction Materials Retail Price Index in the National Capital Region (2012=100): December 2023

The annual rate of CMRPI in NCR moved up to 1.4 percent in December 2023 from 1.1 percent in November 2023.

Construction Materials Retail Price Index in the National Capital Region (2012=100): November 2023

The annual rate of CMRPI in NCR was recorded at 1.1 percent for the third consecutive month in November 2023.