Construction materials inflation continues to ease

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The cost of construction materials in Metro Manila rose at a slower pace in March 2024 compared to previous months, according to the Philippine Statistics Authority.

“The primary driver of the slower annual increase of CMRPI in NCR was the slower annual increment in the heavily-weighted tinsmithry materials index at 2.4 percent in March 2024 from 3.1 percent in the previous month,” the PSA said.

 

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