Table 4.  CPI of Non-FBT Items in AONCR, January 2007 to January 2008 
          (2000=100)

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

2007
	
          Jan       144.4       144.2        0.2   144.2        0.0        0.1          0.0
          Feb       144.4       144.4        0.0   144.3        0.0        0.0          0.1
          Mar       144.4       144.5       -0.1   144.6       -0.1        0.0          0.1
          Apr       144.7       145.1       -0.4   145.1        0.0        0.2          0.4
          May       145.1       145.7       -0.6   145.7        0.0        0.3          0.4
          Jun       146.5       146.4        0.1   146.2        0.1        1.0          0.5
          Jul       147.1       146.7        0.4   146.6        0.1        0.4          0.2
          Aug       147.2       146.8        0.4   146.8        0.0        0.1          0.1
          Sep       147.1       146.9        0.2   147.1       -0.1       -0.1          0.1
          Oct       147.3       147.4       -0.1   147.5       -0.1        0.1          0.3
          Nov       148.1       148.2       -0.1   148.3       -0.1        0.5          0.5
          Dec       149.2       149.2        0.0   149.3       -0.1        0.7          0.7

2008
	
          Jan       150.7       150.4        0.3   150.2        0.2        1.0          0.8
--------------------------------------------------------------------------------------------

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

Page last updated:   February 5, 2008

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