Price growth of wholesale goods eased to an over six-year low of 1.6% in January dragged by slower annual increase in chemicals including animal and vegetable oils and fats, the Philippine Statistics Authority (PSA) reported on Friday.
Preliminary data from the PSA showed the general wholesale price index (GWPI) at the national level slowed down to 1.6% year on year in January from 2.9% a year earlier and 1.9% in December 2025.
This was the slowest growth in over six-years or since the 1.5% growth posted in July 2019.
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