The retail price index in the Philippines grew by 2.2 percent year-on-year in February 2022, following a 1.9 percent gain in the previous month. It was the highest retail inflation since last November, as cost accelerating for food (2.1 percent vs 1.8 percent in January), mineral fuels, lubricants and related materials (20.5 percent vs 18.0 percent), manufactured goods (1.4 percent vs 1.3 percent), and miscellaneous manufactures articles (0.5 percent vs 0.4 percent). Meanwhile, inflation was unchanged for both chemicals (at 1.3 percent) and machinery and transport equipment (at 0.6 percent). At the meantime, prices of beverages and tobacco continued to rise (2.8 percent vs 3.4 percent), while those of crude materials fell (-0.3 percent vs 0.1 percent). source: Philippine Statistics Authority

Retail Price Index in Philippines averaged 7.03 percent from 1980 until 2022, 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 includes a chart with historical data for Philippines Retail Price Index YoY. Philippines Retail Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

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Philippines Retail Price Index YoY


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.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.90 79.50 -3.13 1980 - 2022 percent Monthly

News Stream
Philippines Retail Price Inflation at 3-Month High
The retail price index in the Philippines grew by 2.2 percent year-on-year in February 2022, following a 1.9 percent gain in the previous month. It was the highest retail inflation since last November, as cost accelerating for food (2.1 percent vs 1.8 percent in January), mineral fuels, lubricants and related materials (20.5 percent vs 18.0 percent), manufactured goods (1.4 percent vs 1.3 percent), and miscellaneous manufactures articles (0.5 percent vs 0.4 percent). Meanwhile, inflation was unchanged for both chemicals (at 1.3 percent) and machinery and transport equipment (at 0.6 percent). At the meantime, prices of beverages and tobacco continued to rise (2.8 percent vs 3.4 percent), while those of crude materials fell (-0.3 percent vs 0.1 percent).
2022-05-31
Philippines Retail Prices Rise the Least in 6 Months
The retail price index in the Philippines increased by 1.9 percent year-on-year in January 2022, slowing from a 2.1 percent rise in the previous month. It was the lowest retail inflation since last July, as cost moderating for both crude materials (0.1 percent vs 0.9 percent in December) and food (1.8 percent vs 2.2 percent). Meanwhile, inflation was unchanged for chemicals (at 1.3 percent), manufactured goods (at 1.3 percent), and miscellaneous manufactures articles (0.4 percent). On the other hand, prices rose slightly faster for, machinery and transport equipment (0.6 percent vs 0.5 percent), beverages and tobacco (3.4 percent vs 3.3 percent), and mineral fuels, lubricants and related materials (18.0 percent vs 17.8 percent).
2022-05-16
Philippines Retail Prices Rise at Softer Pace
The retail price index in the Philippines increased by 2.1 percent year-on-year in November 2021, after a 2.3 percent rise in the previous month, with cost moderating for both beverages and tobacco (3.3 percent vs 4.4 percent in November), mineral fuels, lubricants and related materials (17.8 percent vs 25.0 percent). At the same time, inflation was unchanged for both crude materials (at 0.9 percent) and chemicals (at 1.3 percent). Meanwhile, prices rose slightly faster for food (2.2 percent vs 2.1 percent), manufactured goods (1.3 percent vs 1.2 percent), machinery and transport equipment (0.5 percent vs 0.4 percent), and miscellaneous manufactures articles (0.4 percent vs 0.3 percent). For full year, retail prices increased by 2.0 percent, faster than a 1.2 percent growth in 2020.
2022-03-25