The retail price index in the Philippines increased by 0.7 percent year-on-year in April 2020, the least since last October, after a 1.1 percent gain in the previous month.Prices went up softer for miscellaneous manufactured articles (1.0% vs 1.1% in March) while machinery and transport equipment prices were flat (vs 0.2 percent). Meantime, prices continued to rise for food (2.2% vs 1.9%), beverages and tobacco (3.6% vs 3.6%), crude materials (1.8% vs 1.3%), chemicals (1.0% vs 0.5%), and manufactured goods (1.4% vs 1.4%).

Retail Sales Yoy in Philippines averaged 7.30 percent from 1980 until 2020, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: National Statistics Office of Philippines

Retail Sales Yoy in Philippines is expected to be 2.00 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 9.50 in 12 months time. In the long-term, the Philippines Retail Price Index YoY is projected to trend around 3.60 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Philippines Retail Price Index YoY

Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.10 79.50 -3.13 1980 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-03 01:30 AM Jan 1.6% 1.7% 1.9%
2020-04-13 03:00 AM Feb 1.5% 1.6% 1.4%
2020-05-01 01:45 AM Mar 1.1% 1.5% 1.7%
2020-06-23 01:15 AM Apr 0.7% 1.1% 0.8%
2020-07-14 03:00 AM May 0.7% 0.8%
2020-08-21 02:00 AM Jun 1.5%
2020-09-02 02:00 AM Jul
2020-10-30 02:00 AM Aug


News Stream
Philippines Retail Prices Rise the Least in 6 Months
The retail price index in the Philippines increased by 0.7 percent year-on-year in April 2020, the least since last October, after a 1.1 percent gain in the previous month.Prices went up softer for miscellaneous manufactured articles (1.0% vs 1.1% in March) while machinery and transport equipment prices were flat (vs 0.2 percent). Meantime, prices continued to rise for food (2.2% vs 1.9%), beverages and tobacco (3.6% vs 3.6%), crude materials (1.8% vs 1.3%), chemicals (1.0% vs 0.5%), and manufactured goods (1.4% vs 1.4%).
2020-06-23
Philippines Retail Prices Rise the Least in 4 Months
The retail price index in the Philippines rose by 1.1 percent year-on-year in March 2020, after a 1.5 percent gain in the previous month. It was the weakest growth in retail trade since last November, as prices increased softer for food (1.9% vs 2.1% in February), beverages and tobacco (3.6% vs 3.8%), crude materials (1.3% vs 1.5%), chemicals (0.5% vs 1.0%), manufactured goods (1.4% vs 1.5%), machinery and transport equipment (0.2% vs 0.5%), and miscellaneous manufactured articles (0.9% vs 1%).In addition, prices of mineral fuels, lubricants and related materials dropped sharply (-8.8% vs 0.3%).
2020-05-01
Philippines Retail Prices Rise the Least in 3 Months
The retail price index in the Philippines rose by 1.5 percent year-on-year in February 2020, the least since November last year, after a 1.6 percent gain in the previous month. Prices continued to rise for all commodity groups: food (2.1% vs 2.1% in January), beverages and tobacco (3.8% vs 3.5%), crude materials (1.5% vs 0.3%), mineral fuels, lubricants and related materials (0.3% vs 5.4%), chemicals (1% vs 0.8%), manufactured goods (1.5% vs 1.1%), machinery and transport equipment (0.5% vs 0.5%), and miscellaneous manufactured articles (1% vs 1.2%).
2020-04-13
Philippines Retail Prices Rise 1.6% YoY in January
The retail price index in the Philippines rose by 1.6 percent year-on-year in January 2020, after a 1.7 percent gain in the previous month. Prices continued to rise for all commodity groups: food (2.1% vs 2.2% in December), beverages and tobacco (3.5% vs 3.4%), crude materials (0.3% vs 2.9%), mineral fuels, lubricants and related materials (5.4% vs 4.1%), chemicals (0.8% vs 0.9%), manufactured goods (1.1% vs 1.4%), machinery and transport equipment (0.5% vs 0.5%), and miscellaneous manufactured articles (1.2% vs 1.1%).
2020-03-03

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.