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

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

2007
	
          Sep       147.1       146.8        0.3   146.9       -0.1       -0.1          0.2
          Oct       147.3       147.4       -0.1   147.4       -0.1        0.1          0.4
          Nov       148.2       148.3       -0.1   148.3        0.0        0.6          0.6
          Dec       149.2       149.3       -0.1   149.4       -0.1        0.7          0.7

2008
	
          Jan       150.7       150.6        0.1   150.5        0.2        1.0          0.9
          Feb       151.3       151.5       -0.2   151.5        0.0        0.4          0.6
          Mar       152.2       152.5       -0.3   152.5        0.0        0.6          0.7
          Apr       152.8       153.4       -0.6   153.6       -0.2        0.4          0.6
          May       153.8       154.5       -0.7   154.9       -0.4        0.7          0.7
          Jun       156.6       156.3        0.3   156.3        0.0        1.8          1.2
          Jul       159.1       158.3        0.8   157.7        0.6        1.6          1.3
          Aug       160.5       159.7        0.8   158.8        0.9        0.9          0.9
          Sep       160.0       159.7        0.3   159.7        0.0       -0.3          0.0
--------------------------------------------------------------------------------------------

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

Page last updated:   October 7, 2008

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