Year-on-year headline inflation rate in the Philippines slightly picked up by 0.1 percentage point to 7.2 percent in August from 7.1 percent in July.

Total approved foreign direct investments (FDIs) in the third quarter of 2004 increased to PhP 7.2 billion, 11.3 percent more than the PhP 6.5 billion reported in the 3rd quarter of 2003.

Approved building permits during the first quarter of 2005 registered a total of 25,252 applications, representing a decrease of 0.8 percent compared with 25,447 approved building permits during the same period of 2004.

Composite Index ended at 2,000.25 for the month of July. This is higher compared to last June`s 1,924.23.

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