The retail price index in the Philippines increased by 1.6 percent year-on-year in April 2019, following a 1.3 percent gain in the previous month. Cost rose faster for both food (1.7 percent vs 0.8 percent in March); and mineral fuels, lubricants and related material (5.1 percent vs 4.3 percent). On the other hand, prices slowed for beverages and tobacco (3.1 percent vs 3.6 percent); crude materials (4 percent vs 4.4 percent); manufactured goods (1.5 percent vs 1.7 percent); and miscellaneous manufactured articles (0.9 percent vs 1 percent) while inflation was steady for chemicals (at 1 percent, the same as in March); and machinery and transport equipment (at 1 percent). On a monthly basis, the retail price index went up by 0.2 percent in April, after rising 0.1 percent in the prior month. Retail Sales Yoy in Philippines averaged 7.43 percent from 1980 until 2019, 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.

Retail Sales Yoy in Philippines is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in Philippines to stand at 2.50 in 12 months time. In the long-term, the Philippines Retail Price Index YoY is projected to trend around 4.00 percent in 2020, according to our econometric models.

Philippines Retail Price Index YoY
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-27 03:00 AM Retail Price Index YoY 2% 2.7% 2.8%
2019-03-29 01:00 AM Retail Price Index YoY 1.4% 2%
2019-05-02 03:00 AM Retail Price Index YoY 1.3% 1.4% 1.1%
2019-05-30 01:00 AM Retail Price Index YoY 1.6% 1.3% 1.1%
2019-07-02 01:00 AM Retail Price Index YoY 1.6%
2019-07-30 01:00 AM Retail Price Index YoY 0.9%
2019-09-02 01:00 AM Retail Price Index YoY


Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence -0.50 -22.50 13.10 -52.80 Index Points [+]
Retail Sales Yoy 1.60 1.30 79.50 -3.13 percent [+]
Consumer Spending 1568669.77 1789083.47 1789083.47 305524.42 PHP Million [+]
Personal Savings 4572967.00 4547854.57 4689905.96 1124351.04 Million PHP [+]
Bank Lending Rate 7.20 7.42 39.73 5.09 percent [+]
Retail Sales Mom 0.20 0.10 14.43 -2.51 percent [+]
Gasoline Prices 1.03 1.05 1.29 0.34 USD/Liter [+]
Consumer Credit 373.30 359.10 373.30 76.00 PHP Billion [+]
Consumer Confidence Current Conditions 13.90 26.60 26.60 -81.20 [+]
Consumer Confidence Economic Expectations 40.40 39.30 67.70 -48.90 [+]
Consumer Confidence Unemployment Expectations 1.90 -4.20 76.10 -27.80 [+]


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. This page provides the latest reported value for - Philippines Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Retail Price Index YoY - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.30 79.50 -3.13 1980 - 2019 percent Monthly




Country Last Previous
Argentina 26.90 Mar/19
Australia 2.90 Apr/19
Brazil 1.70 Apr/19
Canada 3.70 Apr/19
China 8.60 May/19
Euro Area 1.50 Apr/19
France 3.10 Apr/19
Germany 4.00 Apr/19
Indonesia 6.70 Apr/19
Italy 4.20 Apr/19
Japan 0.50 Apr/19
Mexico 1.60 Mar/19
Netherlands 2.30 Apr/19
Russia 1.40 May/19
Singapore -1.80 Apr/19
South Africa 2.40 Apr/19
South Korea 1.40 Apr/19
Spain 1.10 Apr/19
Switzerland -0.70 Apr/19
Turkey -6.90 Apr/19
United Kingdom 2.30 May/19
United States 3.20 May/19


Related

Latest