Table 4.  CPI of Non-FBT Items in AONCR, December 2004 to December 2005	
          (2000=100)

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

2004

          Dec       130.3       130.1       0.2    130.0        0.1        0.6          0.6



          Jan       130.5       130.4       0.1    130.5       -0.1        0.2          0.2
          Feb       130.8       130.9      -0.1    131.0       -0.1        0.2          0.4
          Mar       131.4       131.6      -0.2    131.7       -0.1        0.5          0.5
          Apr       132.0       132.4      -0.4    132.4        0.1        0.5          0.6
          May       132.6       133.1      -0.5    133.1        0.1        0.5          0.5
          Jun       133.4       133.3       0.1    133.7       -0.5        0.6          0.2
          Jul       134.6       134.4       0.2    134.4        0.0        0.9          0.8
          Aug       135.3       135.0       0.3    135.1        0.0        0.5          0.4
          Sep       136.0       135.8       0.2    135.9        0.0        0.5          0.6
          Oct       136.8       136.7       0.1    136.8       -0.1        0.6          0.7
          Nov       138.7       138.5       0.2    137.8        0.7        1.4          1.3
          Dec       139.1       138.9       0.2    138.8        0.1        0.3          0.3

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

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

Page last updated:   January 5, 2006
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