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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

CPI for Clothing and Footwear items rises by 6.74%, YoY

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November 05, 2018 (MLN): Consumer Price Index (CPI) for Clothing and Footwear products during the month of October 2018 has increased by 0.29% MoM and 6.74% YoY, as recorded by PBS in a recent official data released.

With a CPI weightage of 7.57%, the impact of Clothing and Footwear group on overall CPI has increased by 0.02 percent points, MoM, whereas 0.55 percent points, YoY.

Within the lot, CPI for Readymade Garments and Hosiery have recorded the highest hike of 0.67% and 0.57%, MoM respectively.

While, Dupatta and Tailoring have recorded a highest jump of 8.5% and 8.08% respectively as compared to the other items in the group, YoY.

During the ongoing year, CPI for the above mentioned group shows an increasing trend, taking a leap of highest magnitude in April 2018 and then increased progressively over the period.

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Posted on: 2018-11-05T12:04:00+05:00

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