The Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) moved up at a faster pace of 5.9 percent in July from 4.7 percent in June. Higher price movements were noted in the following commodity groups: cement, 0.7 percent in July from 0.4 percent in June; plywood, 3.9 percent from 1.3 percent; metal pipes, 5.6 percent from 1.1 percent; concrete products, 2.4 percent from 0.5 percent; paints, 0.6 percent from 0.4 percent; reinforcing steel, 19.0 percent from 7.5 percent; and G.I. sheets, 5.6 percent from 0.7 percent. Likewise, prices of plumbing fixtures and UPVC water pipes correspondingly picked up to 0.1 percent and 1.3 percent from zero growth during the month. On the other hand, slower monthly price increments were observed in sand, stone and gravel, wood products, fuels and lubricants, hardware, PVC pipes and structural steel. Prices for the rest of the commodity groups generally remained stable as they recorded a zero growth this month.
