Mitsubishi Lancer 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 Mitsubishi Lancer cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 276,300. November went through a strong inflation with a rise in the price till ₱ 521,503. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 52 % from ₱ 398,901.5 to ₱ 607,893.5. In the last two months, the price has gone through a strong devaluation of -41 % compared to the 4 previous average values going down from ₱ 503,397.5 to ₱ 299,175.