Building items retail prices down 0.9%

WHILE wholesale prices of construction materials in Metro Manila edged higher in January, retail prices of the items fell a bit by 0.90 percent, the Philippine Statistics Authority reported Friday.

Based on PSA’s Construction Materials Retail Price Index (CMRPI) for January, retail prices for selected construction materials dropped by 0.9 percent, swinging from a 1.9 percent increase in January 2015.