The retail price index in the Philippines increased by 2.7 percent year-on-year in March 2022, following a 2.2 percent gain in the previous month. It was the highest retail inflation since last April 2019, as cost accelerating for food (2.5 percent vs 2.1 percent in February), mineral fuels, lubricants and related materials (26.4 percent vs 20.5 percent), manufactured goods (2.0 percent vs 1.4 percent), miscellaneous manufactures articles (0.7 percent vs 0.5 percent), chemicals (1.7% vs 1.3 percent) and beverages and tobacco (2.9 percent vs 2.8 percent). At the meantime, prices of machinery and transport equipment continued to rise (0.5% vs 0.6 percent) while those of crude materials were unchanged, after falling 0.3 percent in February. source: Philippine Statistics Authority

Retail Price Index in Philippines averaged 7.02 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 July of 2022.

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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
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
2.70 2.20 79.50 -3.13 1980 - 2022 percent Monthly

News Stream
Philippines Retail Price Inflation at Over 2-1/2-Year High
The retail price index in the Philippines increased by 2.7 percent year-on-year in March 2022, following a 2.2 percent gain in the previous month. It was the highest retail inflation since last April 2019, as cost accelerating for food (2.5 percent vs 2.1 percent in February), mineral fuels, lubricants and related materials (26.4 percent vs 20.5 percent), manufactured goods (2.0 percent vs 1.4 percent), miscellaneous manufactures articles (0.7 percent vs 0.5 percent), chemicals (1.7% vs 1.3 percent) and beverages and tobacco (2.9 percent vs 2.8 percent). At the meantime, prices of machinery and transport equipment continued to rise (0.5% vs 0.6 percent) while those of crude materials were unchanged, after falling 0.3 percent in February.
2022-06-30
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