The retail price index in the Philippines increased by 2.3 percent year-on-year in November 2021, accelerating from a 2.1 percent rise in the previous month. It was the highest retail price inflation since May, as prices accelerated for chemicals (1.3% vs 0.8 percent in October), manufactured goods (1.2 percent vs 1.1 percent), machinery and transport equipment (0.4 percent vs 0.3 percent), and miscellaneous manufactures articles (0.3 percent vs 0.2 percent), food (2.1 percent vs 1.9 percent), and mineral fuels, lubricants and related materials (25.0 percent vs 22.1 percent). Meanwhile, cost rose further for beverages and tobacco (4.4 percent vs 6.0 percent), crude materials (0.9 percent vs 1.0 percent). source: Philippine Statistics Authority
Retail Price Index in Philippines averaged 7.06 percent from 1980 until 2021, 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 January of 2022.