Honda Sir Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Honda Sir cars have gone through a strong rise during the last 6 months. During the first month analyzed in February the average price was ₱ 220,750. March went through a strong inflation with a rise in the price till ₱ 373,684. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 31 % from ₱ 297,217 to ₱ 390,022. The average price has risen 12 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 385,889.5) during June and July.
The average price for Honda Sir has become more expensive in recent years. Between "before 2000" y 2000, the average price is ₱ 390,785.5. There was a price inflation going from (₱ 381,000) to (₱ 400,571).