Pakistan’s Yearly inflation at 7.19 Percent in January

February 1, 2019 (MLN): Pakistan’s Yearly Inflation rate was 7.19 percent in January 2019 compared to 6.17 percent in December 2018 and 4.42 percent in January 2018.

According to figures released by the Pakistan Bureau of Statistics (PBS), the July-January average inflation was 6.21 percent compared to 3.85 percent from the corresponding period last year.

Market Expectation of Inflation for January was between 7.15 percent  and 6.43 percent  with the average estimate of 6.83 percent 

On a monthly basis, CPI increased by 1.00 percent in January compared to -0.41 percent in December

Market expectation of Montly change was between 0.95 percent and 0.27 percent  with the average estimate at 0.59 percent .

Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 8.7% on (YoY) basis in January 2019 as compared to an increase of 8.4% in the previous month and 5.2% in January 2018. On (MoM) basis, it increased by 1.1% in January 2019 as compared to an increase of 0.3% in previous month, and an increase of 0.8% in corresponding month of last year i.e. January 2018.

SPI inflation on YoY basis increased by 3.7% in January 2019 as compared to an increase of 2.0% a month earlier and an increase of 2.0% in January 2018. On MoM basis, it increased by 0.6% as compared to no change in the previous month and a decrease of 1.0% in corresponding month of last year i.e. January 2018

WPI inflation on YoY basis increased by 9.9% in January 2019 as compared to an increase of 12.1% a month earlier and an increase of 4.7% in January 2018. WPI inflation on MoM basis decreased by 0.2% in January 2019 as compared to a decrease of 0.9% a month earlier and an increase of 1.8% in corresponding month of last year i.e. January 2018.

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