Pakistan's Yearly inflation at 10.24 Percent in March

By MG News | April 01, 2020 at 12:36 PM GMT+05:00
April 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in March 2020 was 10.24 percent compared to 12.40 percent in February 2020 and 8.60 percent in March 2019.
The July-March average inflation is 11.54 percent compared to 6.32 percent from the corresponding period last year.
Market Expectation of Inflation for March was between 10.90 % and 9.60% with the average estimate of 10.09%.
On a monthly basis, CPI increased by 0.04 percent in March compared to a decrease of 1.04 percent in February.
Market expectation of Monthly change was between 0.10% and -0.50% with the average estimate at -0.17%.
CPI inflation Urban, increased by 9.3% on year-on-year basis in March 2020 as compared to an increase of 11.2% in the previous month and 8.9% in March 2019. On month-on-month basis, it increased by 0.1% in March2020 ascompared to adecrease of 1.1% in the previous month and anincreaseof 1.9% in March 2019.
CPI inflation Rural,increased by 11.7% on year-on-year basis in March 2020 as compared to an increase of 14.2% in the previous month and 8.2% in March 2019. On month-on-month basis, it decreasedby 0.1% in March 2020as compared to adecrease of 1.0% in the previous month and anincrease of 2.2% in March 2019.
SPI inflation on YoY increased by11.8% in March 2020 as compared to an increase of 14.5% a month earlier and an increase of10.5% in March 2019. On MoM basis, it decreased by 0.3% in March 2020 as compared to adecrease of 0.8% a month earlier and an increase of 2.1% in March 2019.
WPI inflation on YoY basis increased by 9.2% in March 2020 as compared to an increase of 12.6% a month earlier and an increase of 16.6% in March2019. WPI inflation on MoM basis it decreased by 0.9% in March 2020 as compared to adecrease of 0.8% a month earlier and an increaseof 2.2% in corresponding month of last year i.e. March 2019.
Core inflation measured by non-food non-energy Urban CPI (Core NFNE) increased by 7.4% on (YoY) basis in March 2020 as compared to an increase of 8.0% in the previous month and 7.2% in March 2019. On (MoM) basis, it increased by 0.3% in March 2020 as compared to increase of 0.2% in previous month, and an increase of 0.8% in corresponding month of last year i.e. March 2019.
Core inflation measured by non-food non-energy Rural CPI (Core NFNE) increased by 9.4% on (YoY) basis in March 2020 as compared to an increase of 9.4% in the previous month and 6.5% in March 2019. On (MoM) basis, it increased by 0.6% in March 2020 as compared to an increase of 0.5% in previous month, and an increase of 0.6% in corresponding month of last year i.e. March 2019.
Core inflation, measured by 20% weighted trimmed mean Urban CPI (Core Trimmed) increased by 8.7% on (YoY) basis in March 2020 as compared to 9.7% in the previous month and by 7.3% in March 2019. On (MoM) basis, it increased by 0.3% in March 2020 as compared to an increase of 0.1% in the previous month and an increase of 0.8% in corresponding month of last year i.e. March 2019.
Core inflation, measured by 20% weighted trimmed mean Rural CPI (Core Trimmed) increased by 11.4% on (YoY) basis in March 2020 as compared to 12.8% in the previous month and by 6.5% in March 2019. On (MoM) basis, it increased by 0.1% in March 2020 as compared to an increase of 0.6% in the previous month and an increase of 0.6% in corresponding month of last year i.e. March 2019.
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