The retail price index in the Philippines increased by 3.8 percent year-on-year in November of 2018, slowing from a 4.0 percent rise in the previous month and reaching the weakest reading since February. Cost rose at a softer pace for: beverages and tobacco (12.0 pct vs 12.2 pct in October); mineral fuels, lubricants and related materials (13.8 pct vs 22.1 pct); and machinery and transport equipment (1.7 pct vs 1.9 pct). At the same time, prices of manufactured goods classified chiefly by materials went up 2.1 percent, the same as in a month earlier. Meantime, cost increased faster for: food (4.5 pct vs 4.3 pct); crude materials, inedible except duels (3.0 pct vs 2.7 pct); chemicals, including animal and vegetable oils and fats (1.3 pct vs 1.1 pct); and miscellaneous manufactured articles (1.4 pct vs 1.2 pct). On a monthly basis, the retail price index declined by 0.2 percent, after a 0.1 percent drop in October. Retail Sales Yoy in Philippines averaged 7.49 percent from 1980 until 2018, reaching an all time high of 79.50 percent in September of 1984 and a record low of -3.13 percent in November of 1999.

Retail Sales Yoy in Philippines is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in Philippines to stand at 3.20 in 12 months time. In the long-term, the Philippines Retail Price Index YoY is projected to trend around 4.00 percent in 2020, according to our econometric models.

Philippines Retail Price Index YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-04 02:30 AM Retail Price Index YoY 4.1% 4.2% 4.5%
2018-11-12 06:40 AM Retail Price Index YoY 4.3% 4.1% 4%
2018-12-06 02:00 AM Retail Price Index YoY 4.0% 4.3% 4.6%
2019-01-11 12:30 AM Retail Price Index YoY 3.8% 4.0%
2019-02-01 03:00 AM Retail Price Index YoY 3.8% 4.7%
2019-03-05 01:00 AM Retail Price Index YoY
2019-04-04 03:00 AM Retail Price Index YoY


Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence -22.50 -7.10 13.10 -52.80 Index Points [+]
Retail Sales Yoy 3.80 4.00 79.50 -3.13 percent [+]
Consumer Spending 1479834.36 1556964.92 1699590.11 305524.42 PHP Million [+]
Personal Savings 4620854.67 4656342.47 4689905.96 1124351.04 Million PHP [+]
Bank Lending Rate 6.64 6.60 39.73 5.09 percent [+]
Retail Sales Mom 0.90 0.20 14.43 -2.51 percent [+]
Gasoline Prices 0.90 0.94 1.29 0.34 USD/Liter [+]
Consumer Credit 329.44 318.96 329.44 76.00 PHP Billion [+]
Consumer Confidence Current Conditions 13.90 26.60 26.60 -81.20 [+]
Consumer Confidence Economic Expectations 40.40 39.30 67.70 -48.90 [+]
Consumer Confidence Unemployment Expectations 1.90 -4.20 76.10 -27.80 [+]


Philippines Retail Price Index YoY

In Philippines, the year-over-year change in the General Retail Price Index (GRPI) in the National Capital Region (NCR) compares the changes in prices retailers charge to consumers during a certain month. This page provides the latest reported value for - Philippines Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Retail Price Index YoY - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 4.00 79.50 -3.13 1980 - 2018 percent Monthly




Country Last Previous
Argentina 16.60 Oct/18
Australia 3.60 Nov/18
Brazil 4.40 Nov/18
Canada 0.60 Oct/18
China 8.10 Nov/18
Euro Area 1.10 Nov/18
France 1.00 Nov/18
Germany 1.10 Nov/18
Indonesia 3.40 Nov/18
Italy 1.60 Nov/18
Japan 1.40 Nov/18
Mexico 3.00 Oct/18
Netherlands 4.10 Nov/18
Russia 3.00 Nov/18
Singapore -3.00 Nov/18
South Africa 3.10 Nov/18
South Korea 1.00 Nov/18
Spain 1.40 Nov/18
Switzerland -0.50 Nov/18
Turkey -6.30 Nov/18
United Kingdom 3.00 Dec/18
United States 4.20 Nov/18


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