Factory gate prices post muted growth in October

MANILA, Philippines – Factory gate prices in October grew by a subdued 0.3 percent year-on-year as some manufacturing sectors dragged on the overall index, latest data from the Philippine Statistics Authority (PSA) show. Month-on-month, it grew 0.4 percent and was a slight slowdown from September’s 0.8 percent growth. READ: Factory gate prices continue uptrend PSA’s