Honda Honda Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Honda Honda cars have increased during the last 6 months. During the first month analyzed in September the average price was ₱ 129,333. October went through a strong inflation with a rise in the price till ₱ 176,667. The following two months (November, December) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from ₱ 144,100.75 to ₱ 125,374.5 during January and February.
The average price for Honda Honda has had a strong rise in recent years. Between 2010 and 2013, the average price is ₱ 92,222. There was a significant inflation of the average price in 2010 (₱ 80,000) moving up till (₱ 104,444)in 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 31 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 138,312.5) and the the last two years that were studied (2017, 2018) with a price of ₱ 155,625.