Price growth in wholesale goods accelerated to a two-month high in February, driven by stronger growth in the index of chemicals including animal and vegetable oils and fats, the Philippine Statistics Authority (PSA) reported Wednesday.
Citing preliminary data, the PSA said the general wholesale price index (GWPI) rose 1.7% year-on-year in February.
This was weaker than the 2.9% posted a year earlier, though it accelerated from the 1.6% logged in January.
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