The growth in the number of construction materials in the National Capital Region (NCR) has disclosed in January between low inflation and weak peso, reported on Friday Statistics (PSA report on Friday.
According to the first information, January to create a 1.2% of R1% in January, from 1.5% recorded in December and 1.4% in the same year last year.
Growth in CMRPI in the National Capital Region (NCR) was weaker than 1.1% in August 2024.
“Weak peso has made cheap potentially,” cud l. Terosa, high economic expert at the University of Asia and Pacific, said an email survey.
The PESTO was ended at P58.365 against the dollar in January, weakening in P57.845 at the end-December 2024.
Mr Terosa also said the lower prices cut the cost of production.
Last year, Bangko Sentral ng Pilipinas presented the number of 75 points with a degree of measure from the beginning of its fast-round cycle in August, to bring about 5.75%.
“Lowest for building materials because of a few building projects between the Library jobs and office and units units and a slow-based units increases.
The PSA ALSA Said that The Main Factor Behind NCR’s Slower ANNUAL CMRPI INNULI INCREASE IN THE HEAVILY WEHINSMITH MATEX, WHICH ROSE BY 1.6% in January, DOWN from DECEMBER 2024.
TINSmithry objects form a large group of goods in the directions, including 21.76% of the CMRPI.
Other goods and reporting groups are slow, such as electronic growth (1.8% from 1.9%), paintings and related issues (0.6% from 0.8%).
Only a carpentious creative materials see at 1% price, from 0.8% last month.
In a separate report about the PSA, wholesale Price Index Index Index (cmwpi) reduces 0.1%, lower than 0.2% in December and 1.5% in January last year.
CMRPI is based on lasting 2012 values, while CMWPI is based on lasting period of 2018.
In the 20 categories, four goods saw the speed growth, six saw simple, four, were unchanged, and six goods were sent for the price.
The PSA describes slow CMWPI growth at the price of the metal strengthens and PVC, which has declined 0.2%) and 0.1%), respectively.
Some categories where a decline is dropping with hardware (0.1% from 0.7%), GI sheet (0.3%), metal products (0% from 0.1%), electronic activities.
Indices of concrete products, glass and glass products, asphalt, and machinery equipment has not changed.
Mr Terosa said US President Donald J Donald J. Trump, trading wars between the big dealers are important factors to consider in the coming months.
Since taking a position in January, Mr. Trump has set prices for Chinese taxes while using tasks in the products from Mexico and Canada.
He also reduces “tax rates” in all taxes, more fear of a comprehensive international trade, Reuters reported.
“If pricing is priced in many building materials will continue despite world trading area, construction and building development in the NCR will benefit.” – Pierce Oel A. Montalvo
Source link
