Pakistan's Yearly inflation at 10.50 Percent in August

News Image

By MG News | September 04, 2019 at 11:36 AM GMT+05:00

0:00

September 02, 2019 (MLN): Pakistan's Yearly Inflation rate in August 2019 was 10.50 percent according to the new base for CPI Calculation (2015-16).

However, according to the old base (2008) the yearly inflation rate in August was 11.63 percent compared to 10.34 percent in July 2019 and 5.84 percent in August 2018.

The July-August average inflation is 10.98 percent compared to 5.84 percent from the corresponding period last year.

Market Expectation of Inflation for August was between 11.92 % and 11.28% with the average estimate of 11.55%.

On a monthly basis, CPI increased by 1.38 percent in August compared to 2.29 percent in July.

Market expectation of Monthly change was between 1.64% and 1.06% with the average estimate at 1.32%.

Due to recent change of base years for CPI, Housing and Utilities index observed a substantial movement in their inflation figures for the month of August, from 29.41% to 23.63%, which translates into a decline of 578 bps.

On the contrary, Clothing and Footwear index witnessed an upward change of 103 bps, from 7.57% to 8.6%

Transport and Communication groups had their inflation figures changed from 7.2% and 3.22%, to 5.91% and 2.21% respectively.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 122,143.57
238.19M
-1.57%
-1949.56
ALLSHR 76,055.22
966.52M
-1.36%
-1051.07
KSE30 36,883.30
115.66M
-1.74%
-653.39
KMI30 180,397.18
129.11M
-2.16%
-3973.50
KMIALLSHR 52,092.45
393.86M
-1.73%
-918.69
BKTi 29,957.41
15.86M
-1.36%
-411.82
OGTi 27,188.26
11.39M
-1.70%
-471.10
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,715.00 106,630.00
103,010.00
-1380.00
-1.29%
BRENT CRUDE 75.18 78.50
70.41
5.82
8.39%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-2.00
-2.22%
ROTTERDAM COAL MONTHLY 103.60 103.60
103.50
1.00
0.97%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 73.18 77.62
68.49
5.14
7.55%
SUGAR #11 WORLD 16.54 16.94
16.52
-0.16
-0.96%

Chart of the Day


Latest News
June 14, 2025 at 08:55 PM GMT+05:00

Sindh proposes 12% salary hike for govt employees


June 14, 2025 at 08:55 PM GMT+05:00

Sindh unveils over Rs3tr budget for FY26


June 14, 2025 at 04:48 PM GMT+05:00

Weekly Market Roundup


June 13, 2025 at 11:59 PM GMT+05:00

SBP revises export declaration format in PSW system



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg