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

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

2007
	
          Nov       148.2       148.4       -0.2   148.3        0.0        0.6          0.7
          Dec       149.2       149.3       -0.1   149.4       -0.1        0.7          0.6

2008
	
          Jan       150.7       150.7        0.0   150.5        0.2        1.0          0.9
          Feb       151.3       151.5       -0.2   151.5        0.0        0.4          0.5
          Mar       152.2       152.5       -0.3   152.5        0.0        0.6          0.7
          Apr       152.8       153.5       -0.7   153.6       -0.2        0.4          0.7
          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       159.6        0.9   158.7        0.9        0.9          0.8
          Sep       160.0       159.6        0.4   159.4        0.1       -0.3          0.0
          Oct       159.5       159.7       -0.2   159.9       -0.3       -0.3          0.1
          Nov       158.3       158.5       -0.2   160.3       -1.8       -0.8         -0.8
--------------------------------------------------------------------------------------------

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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