Table 2  Producer Price Index, Year-on-Year and Month-on-Month Growth Rates for Manufacturing Sector
          January 2007 - March 2008
          (2000= 100)

===============================================================================================
               |          TOTAL MANUFACTURING          |          FOOD MANUFACTURING
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             168.4            0.8                    161.8            5.7

Jan              168.5            3.1              0.7   159.6            7.5              1.7
Feb              167.3            1.9             -0.7   159.7            6.0              0.1
Mar              168.9            2.3              1.0   160.0            5.8              0.2
Apr              169.3            1.7              0.2   160.0            5.1              0.0
May              168.8            0.7             -0.3   161.6            6.3              1.0
Jun              169.1           -0.2              0.2   162.9            6.5              0.8
Jul              169.8           -0.7              0.5   162.8            6.2              0.0
Aug              169.4            0.5             -0.2   162.8            5.8             -0.1
Sep              169.6            1.1              0.1   163.9            6.1              0.7
Oct              169.1            1.2             -0.3   163.5            5.4             -0.2
Nov              165.9           -0.4             -1.9   162.2            4.4             -0.8
Dec              165.1           -1.4             -0.5   162.7            3.7              0.3

2008

Jan              168.0r          -0.3              1.8   169.3r           6.1              4.1
Feb              168.9r           1.0              0.5   170.8r           7.0              0.9
Mar              170.2            0.8              0.8   172.5            7.8              1.0
-----------------------------------------------------------------------------------------------

Table 2  (continued)

===============================================================================================
               |                BEVERAGES              |            TOBACCO PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             147.0            3.0                    174.5           -0.5

Jan              147.5            4.0              1.5   174.5           -0.6             -0.4
Feb              145.8           10.9             -1.1   174.5           -0.6              0.0
Mar              148.4            4.7              1.8   174.5           -0.6              0.0
Apr              148.4            4.5              0.0   174.5           -0.6              0.0
May              146.7            3.3             -1.2   174.5           -0.6              0.0
Jun              146.7            3.3              0.0   174.5           -0.6              0.0
Jul              146.7            1.0              0.0   174.5           -0.6              0.0
Aug              146.7            1.0              0.0   174.5           -0.4              0.0
Sep              146.7            1.0              0.0   174.5           -0.4              0.0
Oct              146.7            1.0              0.0   174.5           -0.4              0.0
Nov              146.7            1.0              0.0   174.5           -0.4              0.0
Dec              146.7            1.0              0.0   174.5           -0.4              0.0

2008

Jan              148.3            0.6              1.1   175.7            0.7              0.7
Feb              146.7r           0.6             -1.1   175.7            0.7              0.0
Mar              148.2           -0.1              1.0   175.7            0.7              0.0
-----------------------------------------------------------------------------------------------

Table 2  (continued)

===============================================================================================
               |                 TEXTILES              |     FOOTWEAR AND WEARING APPAREL
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             135.7            0.5                    264.5           10.4

Jan              131.8            0.2             -3.3   259.9           18.1              1.0
Feb              131.9           -1.7              0.1   261.1           18.7              0.4
Mar              135.0            0.9              2.3   270.9           21.5              3.8
Apr              135.1            1.2              0.1   270.9           21.5              0.0
May              136.2            1.2              0.8   270.9           10.2              0.0
Jun              136.7            1.2              0.3   272.9           17.3              0.8
Jul              137.0            1.5              0.3   272.9            7.9              0.0
Aug              137.0            1.4              0.0   260.8            6.5             -4.4
Sep              137.0           -0.3              0.0   256.7            2.4             -1.6
Oct              137.1           -0.1              0.1   258.5            2.1              0.7
Nov              136.9            0.2             -0.1   256.7            1.8             -0.7
Dec              136.9            0.5              0.0   261.6            1.6              1.9

2008

Jan              136.0r           3.2             -0.7   262.0            0.8              0.2
Feb              135.1r           2.4             -0.6   262.7            0.6              0.3
Mar              136.8            1.4              1.2   263.5           -2.7              0.3
-----------------------------------------------------------------------------------------------

Table 2  (continued)

===============================================================================================
               |             LEATHER PRODUCTS          |        WOOD AND WOOD PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             119.7             4.5                     95.7           -4.4

Jan              117.1             3.8              1.1    96.1           -3.3             -3.5
Feb              117.2             2.3              0.1    96.1           -4.0              0.0
Mar              117.2             1.3              0.0    96.0           -4.0             -0.1
Apr              117.2             1.3              0.0    95.7           -4.5             -0.3
May              117.2             1.0              0.0    95.7           -4.3             -0.1
Jun              121.1             8.1              3.3    95.2           -4.9             -0.5
Jul              121.3             8.3              0.2    95.7           -4.6              0.6
Aug              121.3             7.2              0.0    95.8           -4.7              0.1
Sep              121.7             6.3              0.3    95.8           -4.3              0.0
Oct              121.7             4.6              0.0    95.5           -5.2             -0.3
Nov              121.7             5.1              0.0    95.3           -4.2             -0.2
Dec              121.7             5.1              0.0    95.3           -4.3              0.0

2008

Jan              120.6             3.0             -0.9    98.9            2.9              3.8
Feb              121.2             3.5              0.5    98.8            2.8             -0.1
Mar              121.6             3.8              0.3    98.8            2.9              0.0
-----------------------------------------------------------------------------------------------

Table 2  (continued)

===============================================================================================
               |       PAPER AND PAPER PRODUCTS        |        PUBLISHING AND PRINTING
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             137.4             1.6                    227.7           20.4

Jan              134.0            -1.8             -1.1   227.7           14.9             20.9
Feb              138.4             1.9              3.3   227.7           20.9              0.0
Mar              140.2             2.5              1.3   227.7           20.9              0.0
Apr              138.5             1.6             -1.2   227.7           20.9              0.0
May              139.9             5.0              1.0   227.7           20.9              0.0
Jun              137.6             3.6             -1.6   227.7           20.9              0.0
Jul              140.8             5.9              2.3   227.7           20.9              0.0
Aug              137.6             1.3             -2.3   227.7           20.9              0.0
Sep              135.7            -0.1             -1.4   227.7           20.9              0.0
Oct              135.4             0.0             -0.2   227.7           20.9              0.0
Nov              136.1            -0.4              0.5   227.7           20.9              0.0
Dec              136.1             0.5              0.0   227.7           20.9              0.0

2008

Jan              136.5             1.9              0.3   243.0            6.7              6.7
Feb              137.4r           -0.7              0.7   249.9            9.7              2.9
Mar              137.7            -1.8              0.2   249.9            9.7              0.0
-----------------------------------------------------------------------------------------------

Table 2  (continued)

=====================================================================================================
               |            PETROLEUM PRODUCTS         |CHEMICAL PRODUCTS (includes plastic products)
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------------

2007             243.1             0.0                    160.5            2.4

Jan              224.2            -1.6             -2.8   158.4            1.0             -0.5
Feb              219.6            -4.4             -2.0   161.9            4.0              2.2
Mar              226.4            -1.7              3.1   162.7            5.0              0.5
Apr              232.8            -1.9              2.8   162.8            4.9              0.1
May              238.6            -5.6              2.5   158.7            1.1             -2.5
Jun              242.9            -6.3              1.8   160.3            2.6              1.0
Jul              249.6            -9.3              2.8   159.4            1.4             -0.6
Aug              245.1            -5.5             -1.8   159.2            1.1             -0.2
Sep              248.5             0.6              1.4   160.1            1.5              0.6
Oct              255.9             8.2              3.0   160.8            1.9              0.5
Nov              263.3            14.1              5.5   161.5            3.3              1.3
Dec              270.4            17.2              2.7   160.6            0.9             -0.5

2008

Jan              265.6            18.5             -1.8
Feb              265.1            20.7             -0.2
Mar              278.5            23.0              5.1
-----------------------------------------------------------------------------------------------------

Table 2  (continued)

=====================================================================================================
               | CHEMICAL PRODUCTS (excludes plastic prods)|    RUBBER AND PLASTIC PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month     | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates     |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------------

2007             150.3             4.6                    155.4          -12.9

Jan              145.4             0.2             -0.2   161.6            1.2            -15.4
Feb              151.7             5.5              4.3   154.9          -11.2             -4.2
Mar              152.6             7.1              0.6   154.7          -15.3             -0.1
Apr              152.8             7.1              0.1   156.1          -17.4              0.9
May              148.6             2.6             -2.8   155.8          -11.5             -0.1
Jun              150.2             4.5              1.1   154.2          -17.4             -1.1
Jul              149.3             5.1             -0.6   154.2          -23.2              0.0
Aug              148.9             3.8             -0.2   154.2          -11.2              0.0
Sep              150.0             4.1              0.7   153.8           -9.0             -0.3
Oct              151.0             4.8              0.7   153.4          -10.0             -0.3
Nov              151.8             6.5              0.5   153.5           -7.7              0.1
Dec              151.0             3.6             -0.5   156.8r         -17.9              2.1

2008

Jan              154.3             6.1              2.2   159.0           -1.6              1.4
Feb              153.3r            1.0             -0.7   159.7r           3.1              0.4
Mar              154.4             1.2              0.8   162.2            4.8              1.5
-----------------------------------------------------------------------------------------------

Table 2  (continued)

===============================================================================================
               |            RUBBER PRODUCTS f/         |           PLASTIC PRODUCTS f/
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007              75.3           -18.9                    227.5           -8.5

Jan               74.7            -2.6            -28.4   248.2            5.0             -2.4
Feb               75.3           -18.6              0.7   226.8           -4.4             -8.6
Mar               75.3           -26.1              0.1   226.3           -5.5             -0.2
Apr               76.7           -30.9              1.9   226.2           -5.5              0.0
May               76.7           -17.8              0.0   225.6           -6.0             -0.3
Jun               75.1           -29.1             -2.1   225.2           -6.8             -0.2
Jul               75.0           -30.3             -0.2   225.8          -16.8              0.2
Aug               74.8           -10.4             -0.2   226.1          -12.0              0.1
Sep               74.4            -6.5             -0.6   226.1          -11.3              0.0
Oct               74.4            -7.7              0.0   225.0          -12.2             -0.5
Nov               74.6            -3.3              0.2   224.8          -11.7             -0.1
Dec               74.6           -28.6              0.0   224.7r         -11.6             -0.1

2008

Jan               77.5             3.8              3.9   223.5          -10.0             -0.5
Feb               77.2r            2.6             -0.4   226.0r          -0.4              1.1
Mar               79.8             5.9              3.3   226.4             1/              0.2
-----------------------------------------------------------------------------------------------
f/ - Subsector of Rubber and Plastic Products
1/ - Less than 0.1 percent increase

Table 2  (continued)

===============================================================================================
               |     NON-METALLIC MINERAL PRODUCTS     |      GLASS AND GLASS PRODUCTS g/
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             144.3             4.7                    202.5            3.6

Jan              142.3             3.3              1.9   190.6           -2.4             -2.6
Feb              141.9             2.8             -0.3   189.0           -3.2             -0.8
Mar              143.4             4.1              1.1   200.0            2.5              5.8
Apr              143.3             3.8             -0.1   211.0            8.1              5.5
May              146.7             6.3              2.4   204.1            4.6             -3.3
Jun              147.8             6.4              0.7   213.8            9.5              4.8
Jul              147.8             7.5              0.0   204.1            4.6             -4.5
Aug              142.9             6.3             -3.3   202.9            3.7             -0.6
Sep              144.2             7.3              0.9   201.0            2.8             -0.9
Oct              143.7             2.8             -0.3   204.1            4.4              1.5
Nov              142.4             1.8             -0.9   188.3           -3.7             -7.7
Dec              145.0             3.9              1.9   220.7           12.8             17.2

2008

Jan              144.2             1.3             -0.6   197.6            3.7            -10.5
Feb              144.5             1.8              0.2   185.7           -1.8             -6.0
Mar              145.6             1.5              0.8   191.4           -4.3              3.1
-----------------------------------------------------------------------------------------------
g/ - Subsector of Non-Metallic Mineral Products

Table 2  (continued)

===============================================================================================
               |               CEMENT g/               | MISC. NON-METALLIC MINERAL PRODUCTS g/
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             137.5             3.3                    137.1            6.9

Jan              136.8             2.6              0.9   135.4            5.9              4.5
Feb              136.3             1.8             -0.4   135.4            5.7              0.0
Mar              137.0             2.8              0.5   135.9            6.3              0.4
Apr              135.4             1.6             -1.2   135.8            5.8             -0.1
May              141.9             6.5              4.8   137.1            6.7              0.9
Jun              142.6             5.9              0.5   137.1            6.3              0.0
Jul              143.2             7.9              0.4   137.9            7.6              0.6
Aug              134.1             4.7             -6.4   137.9            9.2              0.0
Sep              136.8             6.8              2.0   137.9            9.2              0.0
Oct              135.6            -0.1             -0.9   137.9            6.4              0.0
Nov              135.4            -0.3             -0.1   137.9            6.4              0.0
Dec              135.3            -0.2              0.0   138.5            6.9              0.4

2008

Jan              135.1            -1.3             -0.2   141.0            4.1              1.8
Feb              137.5             0.9              1.8   141.0            4.1              0.0
Mar              138.5             1.1              0.7   141.2            3.9              0.1
-----------------------------------------------------------------------------------------------
g/ - Subsector of Non-Metallic Mineral Products

Table 2  (continued)

===============================================================================================
               |              BASIC METALS             |           IRON AND STEEL h/
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             214.7            13.3                    239.1           11.4

Jan              190.9             3.2             -1.3   218.0            2.2              1.1
Feb              192.6             3.6              0.8   219.4            2.8              0.7
Mar              202.5             9.0              5.2   226.8            6.1              3.4
Apr              206.2             8.5              1.8   227.0            6.0              0.1
May              213.7            11.3              3.6   235.4            9.8              3.7
Jun              213.9            13.1              0.1   237.3           10.3              0.8
Jul              225.5            19.0              5.4   252.4           17.2              6.4
Aug              224.8            19.1             -0.3   251.8           17.3             -0.2
Sep              224.0            16.8             -0.3   249.1           15.8             -1.1
Oct              227.8            19.0              1.7   252.9           17.6              1.5
Nov              223.9            17.0             -0.7   249.5           16.0             -1.1
Dec              228.0            17.9              1.8   249.3           15.6             -0.1

2008

Jan              233.1            22.1              2.2   253.9           16.5              1.9
Feb              236.8r           23.0              1.6   252.5r          15.1             -0.6
Mar              235.9            16.6             -0.3   252.4           11.3             -0.1
-----------------------------------------------------------------------------------------------
h/ - Subsector of Basic Metals

Table 2  (continued)

===============================================================================================
               |          NON-FERROUS METALS h/        |       FABRICATED METAL PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             176.7            16.2                    144.5           -1.2

Jan              151.3             4.6             -4.7   145.2           -1.4             -1.1
Feb              153.0             4.7              1.1   140.4           -4.6             -3.3
Mar              165.1            13.4              7.9   140.4           -4.5              0.0
Apr              172.8            12.7              4.7   144.5           -1.7              2.9
May              178.8            13.8              3.4   143.9           -2.3             -0.4
Jun              177.1            17.4             -0.9   146.9           -0.3              2.1
Jul              184.1            21.8              4.0   144.8           -1.5             -1.5
Aug              183.2            21.9             -0.5   146.6            3.4              1.3
Sep              184.7            18.3              0.9   143.6           -0.8             -2.1
Oct              188.2            21.1              1.9   146.6            0.0              2.1
Nov              183.9            18.5             -0.1   145.5           -0.7              0.5
Dec              193.1            21.7              5.0   146.3           -0.4              0.5

2007

Jan              198.6            31.3              2.8   139.3           -4.0             -4.7
Feb              209.3            36.8              5.4   143.1            1.9              2.7
Mar              207.3            25.6             -1.0   142.7            1.6             -0.3
-----------------------------------------------------------------------------------------------
h/ - Subsector  of Basic Metals


Table 2  ( continued)

===============================================================================================
               |      MACHINERY EXCEPT ELECTRICAL      |         ELECTRICAL MACHINERY
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             151.7            -4.2                    196.2           -7.3

Jan              159.8             2.1              0.5   203.7           -1.0             -2.1
Feb              152.6            -3.2             -4.5   201.9           -3.2             -0.9
Mar              153.1            -2.7              0.3   203.5           -2.7              0.8
Apr              151.4            -4.2             -1.1   202.7           -3.9             -0.4
May              148.9            -5.8             -1.6   199.8           -4.8             -1.4
Jun              148.0            -6.6             -0.6   197.9           -9.3             -1.0
Jul              154.2            -2.9              4.2   193.6          -11.9             -2.2
Aug              155.5            -2.0              0.8   194.3           -9.1              0.4
Sep              155.8            -1.9              0.2   193.3           -9.3             -0.5
Oct              150.7            -5.1             -3.3   192.1           -9.1             -0.6
Nov              147.4            -7.2             -4.5   188.2          -10.9             -2.8
Dec              142.7           -10.3             -3.2   183.5          -11.8             -2.5

2008

Jan              142.1r          -11.0             -0.4   193.0r          -5.3              5.2
Feb              141.4r           -7.4             -0.5   194.3r          -3.8              0.7
Mar              143.0            -6.6              1.2   193.4           -5.0             -0.5
-----------------------------------------------------------------------------------------------

Table 2  (continued)

===============================================================================================
               |          TRANSPORT EQUIPMENT          |         FURNITURE AND FIXTURES
Year and Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-----------------------------------------------------------------------------------------------

2007             129.3             3.3                    109.0          -12.9

Jan              129.1             3.9              4.5   113.7           -8.2             -0.9
Feb              128.6             4.0             -0.4   111.6          -11.8             -1.8
Mar              128.0             2.2             -0.5   112.8           -9.1              1.1
Apr              130.3             3.9              1.8   111.5          -10.1             -1.2
May              130.4             2.4              0.1   110.0          -11.3             -1.3
Jun              131.6             2.4              0.9   108.8          -16.6             -1.1
Jul              130.7             0.8             -0.7   107.3          -16.8             -1.4
Aug              129.9             1.5             -0.6   109.5          -14.4              2.1
Sep              129.7             4.8             -0.2   110.5          -12.4              0.9
Oct              129.1             6.4             -0.4   102.2          -18.5             -7.5
Nov              127.4             4.8             -2.5   105.5          -15.6             -1.7
Dec              127.1             2.9             -0.2   104.9           -8.6             -0.6

2008

Jan              124.7            -3.4             -1.9    98.6          -13.2             -6.0
Feb              128.1            -0.4              2.8    97.3r         -12.8             -1.4
Mar              128.1             0.1              0.0   100.6          -10.8              3.4
-----------------------------------------------------------------------------------------------

Table 2  (concluded)

=======================================================
               |      MISCELLANEOUS MANUFACTURES
Year and Month | Index | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates
-------------------------------------------------------

2007             114.1            -9.1

Jan              124.9            -1.6              0.9
Feb              123.6            -1.7             -1.0
Mar              124.0            -0.7              0.3
Apr              119.7            -4.5             -3.5
May              112.9           -10.4             -5.7
Jun              111.9           -12.6             -0.9
Jul              111.3           -12.2             -0.5
Aug              112.0           -10.6              0.6
Sep              112.2           -10.1              0.2
Oct              110.4           -11.3             -1.6
Nov              103.4           -16.7             -7.1
Dec              102.7           -17.1             -0.7

2008

Jan              100.0           -19.9             -2.6
Feb              103.2           -16.5              3.2
Mar              102.7           -17.2             -0.5
-------------------------------------------------------

Note:    r - revised due to updating of data from late responding establishments and revision of industry disaggregation

Source:  Producer Price Survey (PPS)
         Industry Statistics Division
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines

Page last updated:  May 6,  2008
Related press release | Manufacturing statistics index