Wholesale prices for commodity goods increased by 2.2 percent in September compared to levels a year ago, according to the National Statistics Office (NSO).
The NSO’s General Wholesale Price Index (GWPI) data released on Monday showed that wholesale prices of goods in the country increased on a yearly and monthly basis. “The annual movement in the country’s General Wholesale Price Index went up 2.2 percent in September from 1.5 percent in August,” the NSO said.
The sectoral commodity groups index that incurred price increases were food (1.6 percent from 0.1 percent in August); beverages and tobacco (25.6 percent from 24.9 percent); crude materials, inedible except fuels (4.2 percent from -1.8 percent); and chemicals including animal and vegetable oils and fats (2 percent from 1 percent last month).
Only the materials index was down from 1.3 percent last month to 1.2 percent September this year, while other indices were the same as year ago records which include mineral fuels, lubricants and related materials; machinery and transport equipment; and miscellaneous manufactured articles such as buttons and pins.