{"id":18704,"date":"2024-05-11T03:03:07","date_gmt":"2024-05-11T03:03:07","guid":{"rendered":"https:\/\/energybuzz.ph\/staging\/6915\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/"},"modified":"2024-05-11T03:03:07","modified_gmt":"2024-05-11T03:03:07","slug":"metro-manilas-construction-material-retail-price-growth-quickens-in-april","status":"publish","type":"post","link":"https:\/\/energybuzz.ph\/staging\/6915\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/","title":{"rendered":"Metro Manila\u2019s construction material retail price growth quickens in April"},"content":{"rendered":"
\n

RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported on Friday.<\/p>\n

According to preliminary data from the PSA, the construction materials retail price index (CMRPI) in April grew by 1.2%. This was twice faster than the 0.6% growth in March but slower than 2.6% last year.<\/p>\n

April CMRPI growth was the quickest or since the 1.4% in January.<\/p>\n

NCR\u2019s CMRPI averaged 1.1% for the first four months of the year, lower than the 4.4% average last year.<\/p>\n

Security Bank Corp. Chief Economist Robert Dan J. Roces said in a Viber message that the faster growth of retail prices of bulding materials may have been due to building inflationary pressure in the construction sector.<\/p>\n

\u201cAlthough the growth rate is slower than the previous year, the price increase could indicate improving demand and easing supply chain disruptions as the economy recovers gradually,\u201d Mr. Roces added.<\/p>\n

Meanwhile, the PSA attributed the quicker CMRPI growth rate to the faster miscellaneous construction materials index with 0.8% growth, a turnaround from the 1.5% contraction in March.<\/p>\n

This was followed by plumbing materials (0.3% from -0.2%); tinsmithry materials (2.6% from 2.4%); painting materials and related compounds (2.2% from 2%); and carpentry materials (0.3% from 0.2%).<\/p>\n

Of the seven commodity groups, only masonry materials declined to 0.3% in April from the 0.2% contraction in March, while electrical materials steadied at 0.9%. \u2014 Andrea C. Abestano <\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported on Friday. According to preliminary data from the PSA, the construction materials retail price index (CMRPI) in April grew by 1.2%. This was twice faster than the 0.6% growth in March [\u2026]<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[88,14644,4160,11413,12874,13705,530,1568,16205,9383],"class_list":["post-18704","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-april","tag-bworldonline","tag-construction","tag-growth","tag-manilas","tag-material","tag-metro","tag-price","tag-quickens","tag-retail"],"yoast_head":"\nMetro Manila\u2019s construction material retail price growth quickens in April - Energy Buzz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Metro Manila\u2019s construction material retail price growth quickens in April - Energy Buzz\" \/>\n<meta property=\"og:description\" content=\"RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported on Friday. According to preliminary data from the PSA, the construction materials retail price index (CMRPI) in April grew by 1.2%. This was twice faster than the 0.6% growth in March [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/\" \/>\n<meta property=\"og:site_name\" content=\"Energy Buzz\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-11T03:03:07+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/person\\\/344f8dbaaecf75e51367eef93f492892\"},\"headline\":\"Metro Manila\u2019s construction material retail price growth quickens in April\",\"datePublished\":\"2024-05-11T03:03:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/\"},\"wordCount\":235,\"publisher\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#organization\"},\"keywords\":[\"april\",\"bworldonline\",\"construction\",\"growth\",\"manila\u2019s\",\"material\",\"metro\",\"price\",\"quickens\",\"retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/\",\"name\":\"Metro Manila\u2019s construction material retail price growth quickens in April - Energy Buzz\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#website\"},\"datePublished\":\"2024-05-11T03:03:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Metro Manila\u2019s construction material retail price growth quickens in April\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#website\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/\",\"name\":\"Energy Buzz\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/energybuzz.ph\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#organization\",\"name\":\"Energy Buzz\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/EnergyBuzzLogo.png\",\"contentUrl\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/EnergyBuzzLogo.png\",\"width\":1315,\"height\":656,\"caption\":\"Energy Buzz\"},\"image\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/person\\\/344f8dbaaecf75e51367eef93f492892\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Metro Manila\u2019s construction material retail price growth quickens in April - Energy Buzz","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/","og_locale":"en_US","og_type":"article","og_title":"Metro Manila\u2019s construction material retail price growth quickens in April - Energy Buzz","og_description":"RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported on Friday. According to preliminary data from the PSA, the construction materials retail price index (CMRPI) in April grew by 1.2%. This was twice faster than the 0.6% growth in March [\u2026]","og_url":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/","og_site_name":"Energy Buzz","article_published_time":"2024-05-11T03:03:07+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/#article","isPartOf":{"@id":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/"},"author":{"name":"admin","@id":"https:\/\/energybuzz.ph\/#\/schema\/person\/344f8dbaaecf75e51367eef93f492892"},"headline":"Metro Manila\u2019s construction material retail price growth quickens in April","datePublished":"2024-05-11T03:03:07+00:00","mainEntityOfPage":{"@id":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/"},"wordCount":235,"publisher":{"@id":"https:\/\/energybuzz.ph\/#organization"},"keywords":["april","bworldonline","construction","growth","manila\u2019s","material","metro","price","quickens","retail"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/","url":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/","name":"Metro Manila\u2019s construction material retail price growth quickens in April - Energy Buzz","isPartOf":{"@id":"https:\/\/energybuzz.ph\/#website"},"datePublished":"2024-05-11T03:03:07+00:00","breadcrumb":{"@id":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/energybuzz.ph\/metro-manilas-construction-material-retail-price-growth-quickens-in-april\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/energybuzz.ph\/staging\/6915\/"},{"@type":"ListItem","position":2,"name":"Metro Manila\u2019s construction material retail price growth quickens in April"}]},{"@type":"WebSite","@id":"https:\/\/energybuzz.ph\/#website","url":"https:\/\/energybuzz.ph\/","name":"Energy Buzz","description":"","publisher":{"@id":"https:\/\/energybuzz.ph\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/energybuzz.ph\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/energybuzz.ph\/#organization","name":"Energy Buzz","url":"https:\/\/energybuzz.ph\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/energybuzz.ph\/#\/schema\/logo\/image\/","url":"https:\/\/energybuzz.ph\/staging\/6915\/wp-content\/uploads\/2023\/09\/EnergyBuzzLogo.png","contentUrl":"https:\/\/energybuzz.ph\/staging\/6915\/wp-content\/uploads\/2023\/09\/EnergyBuzzLogo.png","width":1315,"height":656,"caption":"Energy Buzz"},"image":{"@id":"https:\/\/energybuzz.ph\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/energybuzz.ph\/#\/schema\/person\/344f8dbaaecf75e51367eef93f492892","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/energybuzz.ph\/staging\/6915\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/posts\/18704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/comments?post=18704"}],"version-history":[{"count":0,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/posts\/18704\/revisions"}],"wp:attachment":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/media?parent=18704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/categories?post=18704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/tags?post=18704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}