May 2004

Year-on-year headline inflation rate went up to 4.1 percent in April from 3.8 percent in March.

The monthly average exchange rate went down from P56.303/dollar in March to P55.904 per US dollar in April, 2004.

Composite Index closes at 1,555.01 for the month of April. This is higher compared to March`s 1,424.33.