PSA allots P7.4M for price survey – BusinessWorld Online
THE Philippine Statistics Authority (PSA) said it allotted P7.4 million to finance a retail price survey, which will cover 2,036 establishments in the National Capital Region.
“The [PSA] through its Standards Service, has granted clearance for the conduct of the 2025 Retail Price Survey of Selected Commodities for the Generation of Retail Price Index,” the PSA said in statement on April 15.
The survey aims to collect prices at which retailers dispose of their goods to consumers or end-users for the computation of the Retail Price Index.
PSA said the data collection has begun from January until December and the results will be released on the 30th day after the reference month.
PSA earlier reported that growth in the general retail price index in Metro Manila slowed to 1.8% in 2024, well below the year-earlier 4.5%. This was the weakest reading since the 1.2% posted in 2020. — Aubrey Rose A. Inosante