Inflation Rate in Pakistan Rises by 3.4% in One Year

The Consumer Price Index (CPI) inflation General increased by 3.4% on year-on-year basis in August 2017 as compared to an increase of 2.9% in the previous month and 3.6% in August 2016, says the Pakistan Bureau of Statistics (PBS).

On month-on-month basis, it increased by 0.2% in August 2017 as compared to an increase of 0.3% in the previous month and a decrease of 0.3% in August 2016.

Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 5.5% on (YoY) basis in August 2017 as compared to an increase of 5.6% in the previous month and 4.6% in August 2016.

On (MoM) basis, it increased by 0.1% in August 2017 as compared to increase of 0.7% in previous month, and an increase of 0.2% in corresponding month of last year i.e. August 2016.

Core inflation, measured by 20% weighted trimmed mean CPI (Core Trimmed) increased by 4.2% on (YoY) basis in August 2017 as compared to 4.0% in the previous month and by 3.5% in August 2016. On (MoM) basis, it increased by 0.1% in August 2017 as compared to an increase of 0.4% in the previous month and an increase of 0.1% in corresponding month of last year i.e. August 2016.

Sensitive Price Index (SPI) inflation on YoY decreased by 0.1% in August 2017 as compared to a decrease of 0.4% a month earlier and an increase of 2.2% in August 2016. On MoM basis, it increased by 0.5% in August 2017 as compared to a decrease of 0.5% a month earlier and an increase of 0.2% in August 2016.

The Wholesale Price Index (WPI) inflation on YoY basis increased by 1.0% in August 2017 as compared to an increase of 0.7% a month earlier and an increase of 3.5% in August 2016. WPI inflation on MoM basis increased by 0.3% in August 2017 as compared to a decrease of 0.2% a month earlier and an increase of 0.0% in corresponding month of last year i.e. August 2016.

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