CPI for September stands at 31.4% YoY

MG News | October 02, 2023 at 01:31 PM GMT+05:00
October 02, 2023 (MLN): The consumer price index (CPI) for the month of September 2023 clocked in at 31.4% YoY, compared to 27.4% YoY in the last month and 23.2% YoY in September 2022, the latest data issued by the Pakistan Bureau of Statistics (PBS) on Monday showed.
On a sequential basis, the CPI has increased to 2% compared to an increase of 1.7% in the previous month.
The inflation numbers came in line with the market expectations wherein the market participants expected September inflation to settle around 30.54% – 31.6% with an average estimate of around 31% YoY.
In September 2023, the Urban Consumer Price Index (CPI) inflation increased to 29.7% on a year-on-year basis, compared to the previous month's 25.0% and 21.2% in September 2022.
Similarly, it increased to 1.7% MoM in September 2023 as compared to an increase of 1.6% in the previous month and a decrease of 2.1% in September 2022.
Moreover, the Rural CPI inflation rose to 33.9% YoY in September 2023 compared to the previous month's 30.9% and September 2022's 26.1%. Month-on-month, it grew by 2.5% in September 2023, as compared to an increase of 1.9% in the previous month and an increase of 0.2% in September 2022.
The Sensitive Price Index (SPI) inflation, on a year-on-year basis, increased to 32% in September 2023, up from 27.9% in the previous month and 28.6% in September 2022.
On a month-on-month basis, it rose by 1.7% in September 2023, compared to the 4.2% increase in the prior month and the substantial 1.4% increase in September 2022.
Furthermore, the Wholesale Price Index (WPI) inflation on a YoY basis climbed to 26.4% in September 2023, up from the 24.3% increase a month earlier and down from the 38.9% surge in August 2022.
While on a sequential basis, it increased by 3.1% in September 2023, compared to the 4.2% increase in the prior month and the 1.4% increase in September 2022.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 162,257.01 562.77M | 1.87% 2976.92 |
ALLSHR | 99,380.23 1,709.54M | 1.45% 1420.48 |
KSE30 | 49,723.02 249.85M | 2.19% 1064.70 |
KMI30 | 242,320.07 203.65M | 1.92% 4557.15 |
KMIALLSHR | 67,250.10 719.31M | 1.41% 933.64 |
BKTi | 43,218.98 85.51M | 2.61% 1101.06 |
OGTi | 33,939.93 32.55M | 2.48% 822.14 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,540.00 | 110,495.00 109,270.00 | -480.00 -0.44% |
BRENT CRUDE | 69.38 | 69.75 69.11 | -0.04 -0.06% |
RICHARDS BAY COAL MONTHLY | 84.00 | 0.00 0.00 | 0.00 0.00% |
ROTTERDAM COAL MONTHLY | 92.90 | 92.90 92.90 | 0.10 0.11% |
USD RBD PALM OLEIN | 1,085.00 | 1,085.00 1,085.00 | 0.00 0.00% |
CRUDE OIL - WTI | 64.96 | 65.40 64.66 | -0.02 -0.03% |
SUGAR #11 WORLD | 16.31 | 16.41 16.21 | 0.03 0.18% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|