NCR retail prices slow in Sept

Retail prices of goods in Metro Manila in September posted their slowest growth rate in over four years due to the decline in fuel prices.

- Louella Desiderio

Data from the Philippine Statistics Authority (PSA) showed the General Retail Price Index (GRPI) growth in the National Capital Region (NCR) eased to 1.2 percent in September from 1.4 percent in the previous month.

This is the lowest GRPI growth since the 0.6-percent uptick posted in May 2020.

GRPI growth in September was also slower than the 3.6-percent increase posted in the same month last year.