Table 3.  CPI of Non-FBT Items in NCR, May 2010 to May 2011
          (2000=100)

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

2010
	
          May       168.5       168.0      100.3   169.5       99.1       -1.7         -1.4
          Jun       168.5       167.5      100.6   169.2       99.0        0.0         -0.3
          Jul       169.1       167.5      101.0   168.8       99.2        0.4          0.0
          Aug       170.0       168.7      100.8   168.6      100.1        0.5          0.7
          Sep       168.2       168.6       99.8   168.9       99.8       -1.1         -0.1
          Oct       167.0       168.1       99.3   169.5       99.2       -0.7         -0.3
          Nov       170.2       170.9       99.6   170.6      100.2        1.9          1.7
          Dec       170.9       171.8       99.5   172.0       99.9        0.4          0.5  

2011
	
          Jan       171.6       173.1       99.1   173.4       99.8        0.4          0.8
          Feb       174.0       175.1       99.4   174.7      100.2        1.4          1.2
          Mar       175.2       175.7       99.7   175.5      100.1        0.7          0.3
          Apr       177.8r      176.0      101.0   175.9      100.1        1.5          0.2
          May       176.4       175.7      100.4   175.9       99.9       -0.8         -0.2
--------------------------------------------------------------------------------------------

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

Page last updated:   June 7, 2011

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