Health tier perturbs the CPI by 0.13%

MG News | October 03, 2018 at 02:31 PM GMT+05:00

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October 03, 2018 (MLN): According to the official data released by PBS on yearly inflation, the Health category, having a CPI weightage of 2.18%, recorded an increase in index of 0.7% on a month-on-month (MoM) basis and 6.02% on a year-on-year basis (YoY), during the month of September 2018.

The changes in prices of Health constituents perturbed the CPI by a 0.02% increase on a month-on-month (MoM) basis and 0.13% increase on a year-on-year basis (YoY),

The prices of Doctor Clinic Fee and Medical tests exhibited the highest increase within the lot as their CPI augmented by 1.14% and 0.78% on month-on-month (MoM) basis, and 9.1% and 9.33% on year-on-year basis (YoY) respectively.

Congruently, the most influential constituent i.e. drugs and medicines increased by 0.35% on a month-on-month (MoM) basis 2.96% on a year-on-year basis (YoY).

The changes in prices of medical equipment were reflected by an increase in index by 0.67% on month-on-month (MoM) basis, and 4.09% on year-on-year basis (YoY).

To cap it all, the overall one year trend displayed a gradual increase in the CPI.

	Weights	Aug 2018	Sept 2017
Health	2.1868	+ 0.70	+ 6.02
Drugs & Medicines	1.2667	+ 0.35	+ 2.96
Medical Equipments	0.0080	+ 0.67	+ 4.09
Doctor (MBBS) Clinic Fee	0.5904	+ 1.14	+ 9.10
Medical Tests	0.3217	+ 0.78	+ 9.33

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