Table 15. Headline and Core Inflation Rates in the Philippines
          November 2007 - November 2008
          (2000 = 100)

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                                                  2 0 0 8                            |     2 0 0 7    
                      Nov   Oct   Sep   Aug   Jul   Jun  May   Apr   Mar   Feb   Jan | Ave   Dec   Nov 
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Headline Inflation    9.9  11.2  11.8r 12.5  12.3r 11.4  9.5r  8.3   6.4   5.4   4.9   2.8   3.9   3.2


Core Inflation        7.9   7.8   7.5   7.0   6.3   6.6  6.2   5.9   4.8   4.0   3.4   2.8   2.6   2.3

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

Page last updated: December 5, 2008

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