SPECIAL RELEASE

Construction Materials Retail Price Index (CMRPI)

in the National Capital Region (NCR)
(2012=100)

May 2022

Date of Release: 29 July 2022

Reference No. 2022-310

Table A. Year-on-Year Growth Rates of the CMRPI in NCR, All Items

In Percent
(2012=100)

May 2021 April 2022 May 2022 Year-to-Date

1.2 6.1 6.2 4.7
Source: Retail Price Survey of Selected Commodities for the Generation of Construction Materials
Retail Price Index, Philippine Statistics Authority

Figure 1. Growth Rates of the CMRPI in NCR, All Items

May 2021 – May 2022
(2012=100)

6.1 6.2
In Percent

4.8

3.3
3.0
2.7
2.1 2.3
2.0
1.4 1.5
1.2 1.2

May-21 Jun Jul Aug Sep Oct Nov Dec Jan-22 Feb Mar Apr May

Source: Retail Price Survey of Selected Commodities for the Generation of Construction Materials
Retail Price Index, Philippine Statistics Authority

PSA Complex, East Avenue, Diliman, Quezon City, Philippines 1101

Telephone: (632) 8938-5267 Digitally signed by Mapa
www.psa.gov.ph Claire Dennis Sioson
Date: 2022.07.29
22:35:36 +08'00'
CMRPI in NCR continues to increase in May 2022

The annual growth rate of CMRPI picked up further to 6.2 percent in May
2022, from 6.1 percent in April 2022. This was the highest annual
increment of the index since January 2009. In May 2021, its annual hike
was lower at 1.2 percent. (Tables A and 2)

The uptrend was primarily influenced by the higher annual increase in the
index for carpentry materials at 2.1 percent in May 2022, from 1.5
percent in the previous month. In addition, annual increments were also
higher in the indices of the following commodity groups:

a. Masonry materials, 3.9 percent;

b. Painting materials and related compounds, 4.1 percent; and
c. Tinsmithry materials, 8.3 percent.

On the other hand, annual uptick in the miscellaneous construction

materials index decelerated to 10.2 percent in May 2022, from 10.6
percent in April 2022. The indices for electrical materials and plumbing
materials retained their previous month’s rates of 4.0 percent and 7.9
percent, respectively.

Digitally signed by Mapa

Claire Dennis Sioson
Date: 2022.07.29 22:35:54
+08'00'
DENNIS S. MAPA, Ph.D.
Undersecretary
National Statistician and Civil Registrar General

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