Table 3.  CPI of Non-FBT Items in NCR, March 2006 to March 2007
          (2000=100)

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

2006
	
          Mar       148.5       148.5      100.0   148.2      100.2        0.5          0.8
          Apr       148.6       148.8       99.9   149.0       99.8        0.1          0.2
          May       148.9       149.6       99.5   149.6      100.0        0.2          0.5
          Jun       150.7       150.0      100.5   150.0      100.0        1.2          0.3
          Jul       151.9       151.1      100.5   150.4      100.4        0.8          0.7
          Aug       151.1       150.8      100.2   150.7      100.1       -0.5         -0.2
          Sep       150.6       150.9       99.8   150.9      100.0       -0.3          0.1
          Oct       150.0       150.7       99.5   150.9       99.9       -0.4         -0.1
          Nov       150.7       151.0       99.8   150.8      100.1        0.5          0.2
          Dec       150.5       150.7       99.9   150.7      100.0       -0.1         -0.2
 
2007

          Jan       150.9       150.7      100.1   150.6      100.1        0.3          0.0
          Feb       150.7       150.3      100.2   150.6       99.8       -0.1         -0.3
          Mar       150.8       150.8      100.0   150.9       99.9        0.1          0.3

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

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

Page last updated:   April 4, 2007
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