Growth in wholesale prices of general goods rose to its highest in a year in January as elevated prices after the Christmas holidays spilled over that month.
Preliminary data from the Philippine Statistics Authority (PSA) showed the country’s general wholesale price index (GWPI) went up 2.9% year on year in January compared to the 2.7% growth recorded in December 2024.
It was the fastest clip since the 3.5% growth in Janaury last year.
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