Table 3.  CPI of Non-FBT Items in NCR, July 2008 to July 2009
          (2000=100)

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

2008
	
          Jul       165.3       163.2      101.3   163.1      100.1        1.5          0.8
          Aug       165.6       163.8      101.1   163.6      100.1        0.2          0.4
          Sep       164.0       163.5      100.3   163.8       99.8       -1.0         -0.2
          Oct       163.6       163.8       99.9   163.4      100.3       -0.2          0.2
          Nov       161.9       162.4       99.7   162.6       99.9       -1.0         -0.9
          Dec       158.2       158.7       99.7   161.4       98.3       -2.3         -2.3  

2009
	
          Jan       157.8       158.6       99.5   160.3       98.9       -0.3         -0.1
          Feb       158.0       159.2       99.2   159.5       99.8        0.1          0.4
          Mar       157.3       158.8       99.0   159.2       99.8       -0.4         -0.3
          Apr       159.9       160.2       99.8   159.1      100.7        1.7          0.9
          May       158.9       159.3       99.8   159.1      100.1       -0.6         -0.6
          Jun       160.1       159.1      100.6   158.9      100.2        0.8         -0.1
          Jul       160.5       158.3      101.4   158.7       99.8        0.2         -0.5
--------------------------------------------------------------------------------------------

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

Page last updated:   August 5, 2009

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