Toyota Hieace 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 Toyota Hieace cars have gone through a strong rise during the last 6 months. During the first month analyzed in July the average price was ₱ 293,000. August went through a strong inflation with a rise in the price till ₱ 508,250. The following two months the selling price went through a strong reduction of -55 % compared to the previous two months studied. The average price has had spectacular rise of 147 % with an average price of ₱ 290,312.5 during the previous 4 months and ₱ 717,500 during the most recent months in November and December.