Table 2.  Month-on-Month Changes in Percent of the GWPI in Luzon
          (1998 =100)

============================================================================================================
                                           Crude      Mineral   Chemicals,     Manufac- Machinery    Miscel-
                           Beverages   Materials,       Fuels,  Including  tured Goods        and   laneous
Period        All                and    Inedible   Lubricants  Animal and   Classified  Transport   Manufac-
            Items    Food    Tobacco      Except  and Related   Vegetable      Chiefly  Equipment     tured
                                           Fuels    Materials   Oils/Fats  by Material             Articles
------------------------------------------------------------------------------------------------------------

2007

January     -0.7     -0.1        0.3         1.4         -4.0r        1.3          1.3       -0.5       0.3
February    -0.2     -0.7        0.0         0.1         -0.8         0.1          0.7        0.0r      0.0
March        0.8r     0.1        0.5         0.2          3.0         0.5          0.4       -0.1r      0.0
April        1.2     -0.1        0.0         2.7          4.9         0.8          0.4        0.1r      0.0
May          0.4      0.1        0.0         2.2          1.1         0.7          0.1       -0.2r      0.3
June         0.3     -0.5        0.2         0.9          1.6         0.4          0.2        0.2r      0.0
July         0.4      0.2        0.0        -3.8          1.9        -0.6          0.2       -0.1r      0.0
August      -0.1      0.2        0.4        -3.8          0.1        -0.7         -0.1        0.1       0.1
September    1.0     -0.4        0.0         3.1          3.9         0.9          0.1        0.0       0.1
October      1.6      2.3        0.0         5.1          2.6         1.2          0.3        0.0       0.1
November     1.6     -0.4        0.0         2.8          6.7         0.5          0.0        0.0r      0.1
December     0.3      1.5        0.0         0.6         -0.7         0.2          0.1        0.0       0.0

2008

January      0.6      0.2        0.0         1.8          0.3         1.9          0.7        0.6       1.9
February     0.4     -0.2        0.0         7.5         -0.2         3.3          0.3        0.3       0.1
March        2.4P     3.0        0.3         4.7          3.6P        1.9          0.2        3.2       0.1
------------------------------------------------------------------------------------------------------------

Notes:   r - revised 
         P - preliminary  

Source:  Economic Indices and Indicators Division
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines

Page last updated:  August 9, 2008

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