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.

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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
2.30 2.10 79.50 -3.13 1980 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2022-01-12 03:30 AM Oct 2.1% 2.0% 2%
2022-01-12 03:30 AM Nov 2.3% 2.1% 2.1%
2022-02-28 01:00 AM Dec 2.3%


News Stream
Philippines Retail Price Inflation at 6-Month High
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).
2022-01-12
Philippines Retail Prices Rise Further
The retail price index in the Philippines increased by 2.0 percent year-on-year in September 2021, the same as in the previous month. Inflation was unchanged for chemicals (at 0.8 percent), manufactured goods (at 1.1 percent), machinery and transport equipment (at 0.3 percent), and miscellaneous manufactures articles (at 0.3 percent). At the same time, inflation was little changed for food (2.0 percent vs 2.1 percent in August) while cost rose further for beverages and tobacco (6.6 percent vs 7.0 percent), crude materials (1.3 percent vs 1.4 percent), and mineral fuels, lubricants and related materials (15.6 percent vs 12.7 percent).
2021-12-05
Philippines Retail Prices Rise at Faster Rate
The retail price index in the Philippines increased by 2.0 percent year-on-year in August 2021, after a 1.8 percent rise in the previous month. Cost rose faster for food (2.1 percent vs 1.7 percent in July), beverages and tobacco (7.0 percent vs 6.9 percent), crude materials (1.4 percent vs 1.6 percent), and manufactured goods (1.1 percent vs 1.0 percent). At the same time, inflation was unchanged for chemicals (at 0.8 percent), machinery and transport equipment (at 0.3 percent), and miscellaneous manufactures articles (at 0.3 percent). Meanwhile, prices of mineral fuels, lubricants, and related materials eased (12.7 percent vs 13.0 percent).
2021-10-29