The growth of the general wholesale price in the Philippines declined by 1.5 percent in March from 0.2 percent in February, according to the General Wholesale Price Index (GWPI) of the National Statistics Office.

The NSO said that a negative annual rate was still observed in the indices of crude materials, inedible except fuels; mineral fuels, lubricants and related materials; and chemicals including animal and vegetable oils and fats.

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