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.