Wholesale prices of construction materials in the National Capital Region rose in August, driven by a 6.8 percent increase in the reinforcing steel price index, data from the Philippine Statistics Authority (PSA) on Thursday showed.
The August Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region rose by 1.7 percent year-on-year, compared with the 1.2 percent decline posted in the same month a year ago.
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