Pakistan's Yearly inflation at 12.40 Percent in February

MG News | March 02, 2020 at 10:30 AM GMT+05:00

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March 02, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in February 2020 was 12.40 percent compared to 14.56 percent in January 2020 and 6.80 percent in February 2019.

The July-February average inflation is 11.70 percent compared to 6.04 percent from the corresponding period last year.

Market Expectation of Inflation for February was between 14.10 % and 12.60% with the average estimate of 13.39% and a consensus of 13.67%.

On a monthly basis, CPI decreased by 1.04 percent in February compared to an increase of 1.97 percent in January.

Market expectation of Monthly change was between 0.80% and 0.04% with the average estimate at 0.26%.

CPI inflation Urban, increased by 11.2% on year-on-year basis in February 2020 as compared to an increase of 13.4% in the previous month and 7.2% in February 2019. On month-on-month basis, it decreased by 1.1% in February 2020 as compared to an increase of 1.7% in the previous month and an increase of 0.9% in February 2019.

CPI inflation Rural, increased by 14.2% on year-on-year basis in February 2020 as compared to an increase of 16.3% in the previous month and 6.0% in February 2019. On month-on-month basis, it decreased by 1.0% in February 2020 as compared to an increase of 2.4% in the previous month and an increase of 0.9% in February 2019.

SPI inflation on YoY increased by 14.5% in February 2020 as compared to an increase of 18.3% a month earlier and an increase of 7.2% in February 2019. On MoM basis, it decreased by 0.8% in February 2020 as compared to an increase of 0.5% a month earlier and an increase of 2.4% in February 2019.

WPI inflation on YoY basis increased by 12.6% in February 2020 as compared to an increase of 15.4% a month earlier and an increase of 13.9% in February 2019. WPI inflation on MoM basis it decreased by 0.8% in February 2020 as compared to an increase of 1.8% a month earlier and an increase of 1.6% in corresponding month of last year i.e. February 2019.

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