Consumer Price Index/Inflation Rate Table, July 2006


Table 14. Monthly Headline and Core Consumer Price Index for All Income Households in the Philippines,
          July 2005 - July 2006
          (2000 = 100)

===========================================================================================================================
                                            2 0 0 6                        |                     2 0 0 5                
                      Jul     Jun     May     Apr     Mar     Feb     Jan  |  Ave    Dec    Nov    Oct    Sep    Aug    Jul
---------------------------------------------------------------------------------------------------------------------------

Headline Inflation  138.8   138.1   137.1   136.8   136.7   136.2   134.8r  129.8  133.8r 133.3  132.2  131.6  131.1  130.5


Core Inflation      138.0   137.5   136.7   136.5   136.3   135.6   134.3r  130.1  133.2r 132.7  131.8  131.5  131.2  130.9	

===========================================================================================================================

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

Page last updated: August 4, 2006