Table 2.  CPI of FBT in Areas Outside NCR (AONCR), September 2004 to September 2005
          (2000=100)

============================================================================================
               |          CPI         |         Components          | Month-on-Month Change
Year    Month  | Original  Seasonally | Seasonal   Trend            | Original   Seasonally
               |             Adjusted |  Factors   Cycle  Irregular |              Adjusted
--------------------------------------------------------------------------------------------

2004

          Sep       119.3       118.7      100.5   118.7      100.0        0.7          0.6
          Oct       119.5       119.5      100.0   119.4      100.1        0.2          0.7
          Nov       119.7       119.9       99.8   120.0       99.9        0.2          0.3
          Dec       120.3       120.7       99.7   120.7      100.0        0.5          0.7

2005

          Jan       121.5       121.3      100.2   121.3      100.0        1.0          0.5
          Feb       122.0       122.1       99.9   122.0      100.0        0.4          0.7
          Mar       122.3       122.7       99.7   122.8       99.9        0.2          0.5
          Apr       123.0       123.4       99.6   123.4      100.0        0.6          0.6
          May       123.8       124.2       99.7   124.0      100.2        0.7          0.6
          Jun       124.5       124.5      100.0   124.4      100.0        0.6          0.2
          Jul       125.2       124.7      100.4   124.8       99.9        0.6          0.2
          Aug       125.9       125.3      100.5   125.3      100.0        0.6          0.5
          Sep       126.5       125.9      100.5   125.8      100.0        0.5          0.5

--------------------------------------------------------------------------------------------

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

Page last updated:   October 5, 2005
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