Today News
A+ A A-

Whole price index of building materials drops in Dec. 2017

The wholesale price index of construction materials in the National Capital Region (NCR) eased last December, compared to the previous month.
Data released by the Philippine Statistics Authority (PSA) yesterday showed that the wholesale price index of construction materials last month was at 4.3 percent, lower than November 2017’s 4.7 percent; and 3.1 percent year-on-year in December 2016.
Declines in the wholesale price indices of cement and PVC pipes at -2.7 percent and -0.2 percent contributed to the slowdown of construction materials’ price index.
Aside from the decrements in the wholesale price indices of cement and PVC pipes, slower growth was also recorded in electrical works, growing by 0.4 percent; painting works, up by one percent; sand and gravel, 1.5 percent; tile works, up by 1.5 percent; lumber, up by 2.7 percent; reinforcing steel, up by 3.4 percent; structural steel, up by 4.6 percent; and fuels and lubricants, up by 14.8 percent.
On the other hand, the price indices of hardware, GI sheet, doors, jambs, and steel casement, as well as plumbing fixtures and accessories/waterworks were higher in December 2017.

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Commentaries

A bunch of yellow hypocrites

24-02-2018 Ninez Cacho-Olivares

A bunch of yellow hypocrites

Minority senators, made up of Liberal Party members and...

Quit, polls or stick: future uncertain f…

24-02-2018 AFP and Tribune Wires

Quit, polls or stick: future uncertain for Israel’s Netanyahu

Jerusalem, Undefined — Resignation, early elections, or...

Time for truth

23-02-2018 Ninez Cacho-Olivares

Time for truth

  Chief Justice Lourdes Sereno can’t get away with it ...

Who are the #NeverAgain kids pushing for…

23-02-2018 AFP and Tribune Wires

Who are the #NeverAgain kids pushing for US gun control?

Miami, United States — They survived the Parkland schoo...

Drop the press freedom angle

22-02-2018 Ninez Cacho-Olivares

Drop the press freedom angle

Let me put it this way: Neither the Securities and Exch...

Under bombs, Syria rebels cling on in Ea…

22-02-2018 AFP and Tribune Wires

Under bombs, Syria rebels cling on in Eastern Ghouta — for now

Beirut, Lebanon — Despite a crippling siege, infighting...

Business

Headlines

Nation

Metro

Sports

Life Style

Etcetera

Motoring

business

Unit 102, 1020 Bel-Air apartment, Roxas Blvd, Ermita, Manila Copyright 2000-2017 All rights reserved, The Daily Tribune Publishing Inc.