Retail Price Index of Selected Construction Materials in the National Capital Region (2000=100) : January 2017

The year-on-year change of the Construction Materials Retail Price Index (CMRPI) in the National Capital Region (NCR) picked up by 2.2 percent in January 2017. Its annual growth in December 2016 was pegged at 1.8 percent while in January 2016, it went down by 0.9 percent. Higher annual increments were observed in the indices of electrical materials at 2.0 percent; masonry materials, 3.7 percent; painting materials and related compounds, 1.3 percent; plumbing materials, 3.0 percent; and tinsmithry materials, 1.7 percent. On the other hand, annual increases in the indices of carpentry materials and miscellaneous construction materials decelerated to 1.5 percent and 5.5 percent, respectively (Table 2).