THE annual rate of the general retail price index (GRPI) in the National Capital Region (NCR) eased to 1.8 percent in June, according to the Philippine Statistics Authority (PSA).
THE annual rate of the general retail price index in the National Capital Region eased to 1.8 percent in June , according to the Philippine Statistics Authority .In its latest report, the agency said that the figure was slower compared to the 4.4-percent growth recorded last year and the 2.0 percent seen in May.
5 percent in May; beverages and tobacco, 2.6 percent from 3.0 percent; and mineral fuels, lubricants and related materials, 5.7 percent from 6.1 percent.Chemicals, including animal and vegetable oils and fats, also posted slower growth in prices at 2.0 percent from 2.2 percent; and manufactured goods classified chiefly by materials, 1.1 percent from 1.3 percent.Higher annual increase, meanwhile, was observed in the index of crude materials, inedible except fuels at 0.
Retail Price Growth Eases In June
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