GWPI

General Wholesale Price Index (1998=100) : September 2008

The country's annual growth rate of the General Wholesale Price Index (GWPI) decelerated to 16.0 percent in September from 18.6 percent in August. This can be attributed to the slower annual price increments observed in food items at 11.2 percent in September from 11.4 percent in August; crude materials, inedible except fuels, 20.6 percent from 22.7 percent; and mineral fuels, lubricants and related materials, 42.5 percent from 56.0 percent. However, higher annual growth rates were recorded in the prices of the following commodity groups: beverages and tobacco, 6.8 percent from 4.9 percent; chemicals, including animal and vegetable oils and fats, 9.1 percent from 8.8 percent; manufactured goods classified chiefly by materials, 8.0 percent from 7.5 percent; machinery and transport equipment, 3.6 percent from 3.4 percent; and miscellaneous manufactured articles, 3.3 percent from 2.6 percent.

General Wholesale Price Index (1998=100) : August 2008

The year-on-year growth rate of the General Wholesale Price Index (GWPI) at the national level went up at a slower rate of 18.4 percent in August from 21.1 percent in July. Annual price adjustments for crude materials, inedible except fuels eased to 22.7 percent from 34.8 percent; mineral fuels, lubricants and related materials, 55.2 percent from 65.8 percent; and chemicals, including animal and vegetable oils and fats, 8.8 percent from 11.3 percent. On the other hand, higher annual growth rates were correspondingly noted in the prices of food items and manufactured goods classified chiefly by materials at 11.4 percent and 7.5 percent from their respective July rates of 11.2 percent and 7.1 percent. The annual price movements in beverages and tobacco and machinery and transport equipment remained at their corresponding previous month's rates of 4.9 percent and 2.6 percent.

General Wholesale Price Index (1998=100) : July 2008

The year-on-year growth rate of the General Wholesale Price Index (GWPI) in the Philippines went up to 20.8 percent in July from 19.3 percent in June. Annual price increments were higher in crude materials, inedible except fuels at 34.8 percent in July from 31.0 percent in June; mineral fuels, lubricants and related materials, 64.8 percent from 57.2 percent; chemicals, including animal and vegetable oils and fats, 11.3 percent from 11.1 percent; manufactured goods classified chiefly by materials, 7.1 percent from 5.7 percent; and miscellaneous manufactured articles, 2.6 percent from 2.5 percent. However, the annual growth rate for the food index slowed down to 11.2 percent from 12.6 percent while the annual movements of beverages and tobacco index and machinery and transport equipment index remained at their last month's respective rates of 4.9 percent and 3.4 percent.

General Wholesale Price Index (1998=100) : June 2008

The annual growth rate of the General Wholesale Price Index (GWPI) at the national level jumped to 19.3 percent in June from 14.6 percent in May. All the commodity groups recorded higher annual growth rates except for beverages and tobacco, machinery and transport equipment and miscellaneous manufactured articles whose annual growth rates correspondingly eased to 4.9 percent, 3.4 percent and 2.5 percent from 5.2 percent, 3.7 percent and 2.6 percent, respectively. The annual price increment in the food index moved higher at 12.6 percent in June from 8.6 percent; crude materials, inedible except fuels, 31.0 percent from 28.0 percent; mineral fuels lubricants and related materials, 57.2 percent from 42.8 percent; chemicals, including animal and vegetable oils and fats, 11.1 percent from 10.1 percent; and manufactured goods classified chiefly by materials, 5.7 percent from 4.0 percent.

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