Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Pakistan’s Yearly inflation at 8.21 Percent in February

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

March 1, 2019 (MLN): Pakistan's Yearly Inflation rate in February 2019 was 8.21 percent compared to 7.19 percent in January 2019 and 3.80 percent in February 2018.

The July-February average inflation is 6.46 percent compared to 3.84 percent from the corresponding period last year.

Market Expectation of Inflation for February was between 8.50 % and 7.70% with the average estimate of 8.08%.

On a monthly basis, CPI increased by 0.64 percent in February compared to 1.00 percent in January.

Market expectation of Monthly change was between 0.90 % and 0.10% with the average estimate at 0.48%.

Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 8.8% on (YoY) basis in February 2019 as compared to an increase of 8.7% in the previous month and 5.2% in February 2018. On (MoM) basis, it increased by 0.2% in February 2019 as compared to an increase of 1.1% in previous month, and an increase of 0.2% in corresponding month of last year i.e. February 2018.

Core inflation, measured by 20% weighted trimmed mean CPI (Core Trimmed) increased by 7.7% on (YoY) basis in February 2019 as compared to 7.7% in the previous month and by 4.3% in February 2018. On (MoM) basis, it increased by 0.2% in February 2019 as compared to an increase of 1.0% in the previous month and an increase of 0.1% in corresponding month of last year i.e. February 2018.

SPI inflation on YoY basis increased by 6.5% in February 2019 as compared to an increase of 3.7% a month earlier and an increase of 0.5% in February 2018. On MoM basis, it increased by 1.5% as compared to an increase of 0.6% in the previous month and a decrease of 1.2% in corresponding month of last year i.e. February 2018.

WPI inflation on YoY basis increased by 11.0% in February 2019 as compared to an increase of 9.9% a month earlier and an increase of 4.1% in February 2018. WPI inflation on MoM basis increased by 0.9% in February 2019 as compared to a decrease of 0.2% a month earlier and a decrease of 0.1% in corresponding month of last year i.e. February 2018.

 

Copyright Mettis Link News

Posted on: 2019-03-01T20:02:00+05:00

26449