Philippines Retail Sales YoY

Last Release

Aug 31, 2021

Actual

Units In

1.8

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
79.5 Sep 1984	-3.13 Nov 1999	7.09 %	1980-2021	National Statistics Office of Philippines

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.

Latest Updates

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).