Prices of construction materials show steady growth in December

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Louella Desiderio - The Philippine Star

January 18, 2026 | 12:00am

Photo shows contruction workers at work on a building site.

STAR / File

MANILA, Philippines — Wholesale prices of building materials in Metro Manila posted a steady growth in December last year, according to the Philippine Statistics Authority (PSA).

Data from the PSA showed that the Construction Materials Wholesale Price Index (CMWPI) growth in the National Capital Region (NCR) remained at 0.8 percent in December 2025 compared to the previous month.

In December 2024, the NCR CMWPI registered a slower growth of 0.2 percent.

PSA said two commodity groups posted faster increases in December 2025 from the previous month. These are sand and gravel (0.2 percent from 0.1 percent) and painting works (0.6 percent from 0.4 percent).

Meanwhile, plywood posted a 0.3-percent increase in December 2025 from a 0.1-percent drop in the previous month.

Those with slower declines in December 2025 compared to the previous month were structural steel and metal products.

Posting slower increases in December 2025 compared to the previous month were concrete products (2.4 percent from 2.5 percent)’ lumber (0.2 percent from 0.4 percent), G.I. sheet (0.1 percent from 0.2 percent) and tileworks (3.4 percent from 3.5 percent).

In addition, a 0.1-percent decline was recorded in both the hardware commodity group and doors, jambs and steel casement group in December 2025 from their respective increases of 0.1 percent and 0.6 percent in November 2025.

Those with faster declines in December 2025 from the previous month were cement and glass and glass products.

Commodity groups that either retained their respective previous month’s rates or registered zero growth in December 2025 were reinforcing steel, electrical works, plumbing fixtures and accessories or waterworks, PVC pipes, fuels and lubricants, asphalt and machinery and equipment rental.

For 2025, the average CMWPI growth in the NCR slowed to 0.1 percent from 0.6 percent in 2024.

The PSA attributed the deceleration in the annual average CMWPI growth in the NCR to the downtrend in the annual average rates of 12 out of the 20 commodity groups last year.

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