The retail price index in the Philippines advanced by 3.5 percent year-on-year in April 2022, following a 2.7 percent rise in the previous month. It was the highest retail inflation since last October 2018, as cost accelerating for food (3.6 percent vs 2.5 percent in March), mineral fuels, lubricants and related materials (33.5 percent vs 26.5 percent), manufactured goods (2.6 percent vs 2.0 percent), miscellaneous manufactures articles (0.8 percent vs 0.7 percent), chemicals (2.1% vs 1.7% percent) and beverages and tobacco (3.8 percent vs 2.9 percent), and machinery and transport equipment (0.7% vs 0.5 percent). By contrast, prices of crude materials fell by 0.5 percent, after a flat reading in March. 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 December of 2022.

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Philippines Retail Price Index YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-06-30 01:00 AM Mar 2.7% 2.2% 2.5%
2022-08-18 01:00 AM Apr 3.5% 2.7% 2.8%
2023-01-12 03:30 AM Oct

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
3.50 2.70 79.50 -3.13 1980 - 2022 percent Monthly
2012=100

News Stream
Philippines Retail Price Inflation Hits 3-1/2-Year High
The retail price index in the Philippines advanced by 3.5 percent year-on-year in April 2022, following a 2.7 percent rise in the previous month. It was the highest retail inflation since last October 2018, as cost accelerating for food (3.6 percent vs 2.5 percent in March), mineral fuels, lubricants and related materials (33.5 percent vs 26.5 percent), manufactured goods (2.6 percent vs 2.0 percent), miscellaneous manufactures articles (0.8 percent vs 0.7 percent), chemicals (2.1% vs 1.7% percent) and beverages and tobacco (3.8 percent vs 2.9 percent), and machinery and transport equipment (0.7% vs 0.5 percent). By contrast, prices of crude materials fell by 0.5 percent, after a flat reading in March.
2022-08-18
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