The year-on-year headline inflation rate in the Philippines decelerated to 6.6 percent in December from 7.1 percent in November.

The national employment rate was placed at 92.6 percent.
Total unemployed persons numbered 2.6 million in October 2005, which translates to an unemployment rate of 7.4 percent.
The incidence of underemployment went up to 21.2 percent from 16.9 percent a year ago.

Composite Index closes at 2,096.04 for the month of December. This is lower compared to November`s 2,099.74.

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