THE wholesale price growth of construction materials in Metro Manila slowed further in April compared to last year due to a decline in the annual prices of plumbing fixtures and waterworks, the Philippine Statistics Authority (PSA) said.

Government data on Thursday showed that the average growth in the construction materials wholesale price index (CMWPI) in the National Capital Region slowed to a rate of 0.7 percent last month from a 7.4-percent growth rate in April 2023.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details