By Pierce Oel A. Montalvo, Researcher
Retail price growth of general goods in the National Capital Region (NCR) grew to its fastest pace in two years in January, fueled by the spike in food prices, the Philippine Statistics Authority (PSA) said in a report on Friday.
Preliminary data from the PSA showed price growth in Metro Manila, as measured by the general retail price index (GRPI), rose by 2.1% year on year in January, faster than the 1.4% seen in the same period last year.
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