Philippines: Construction Material Wholesale Prices Climb by 13.5 Percent in June 2008
Today the National Statistics Office released the Construction Material Wholesale Price Index (CMWPI) in the National Capital Region (NCR).
Compared to the previous year construction materials rose by 13.5% in June 2008. Prices for fuels and lubricants gained 41.5%, structural steel by 31.1%, reinforcing steel by 28.1% and hardware by 21.4%.
Compared to the previous month construction materials rose by 4.7% in June 2008. Prices for Aluminium and other metall products climbed by 19.1%, structural steel by 14.3%, fuels and lubricants by 12.6% compared to May 2008.
