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Pakistan’s Yearly inflation at 8.82 Percent in April

May 2, 2019: Pakistan's Yearly Inflation rate in April 2019 was 8.82 Percent compared to 9.41 percent in March 2019 and 3.68 percent in April 2018.

The July-April average inflation is 6.99 percent compared to 3.77 percent from the corresponding period last year.

Market Expectation of Inflation for April was between 9.10 % and 8.25% with the average estimate of 8.81%

On a monthly basis, CPI increased by 1.26 percent in April compared to 1.42 percent in March

Market expectation of Monthly change was between 1.51 % and 0.78% with the average estimate at 1.30%.

Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 7.0% on (YoY) basis in April 2019 as compared to an increase of 8.5% in the previous month and 7.0% in April 2018. On (MoM) basis, it increased by 1.0% in April 2019 as compared to an increase of 0.5% in previous month, and an increase of 2.5% in corresponding month of last year i.e. April 2018.

Core inflation, measured by 20% weighted trimmed mean CPI (Core Trimmed) increased by 7.2% on (YoY) basis in April 2019 as compared to 7.9% in the previous month and by 5.0% in April 2018. On (MoM) basis, it increased by 0.9% in April 2019 as compared to an increase of 0.4% in the previous month and an increase of 1.6% in corresponding month of last year i.e. April 2018.

SPI inflation on YoY basis increased by 9.3% in April 2019 as compared to an increase of 8.8% a month earlier and a decrease of 0.5% in April 2018. On MoM basis, it increased by 0.9% as compared to an increase of 1.6% in the previous month and an increase of 0.4% in corresponding month of last year i.e. April 2018.

WPI inflation on YoY basis increased by 13.8% in April 2019 as compared to an increase of 12.6% a month earlier and an increase of 4.0% in April 2018. WPI inflation on MoM basis increased by 2.3% in April 2019 as compared to an increase of 1.7% a month earlier and an increase of 1.3% in corresponding month of last year i.e. April 2018.

 

 

Copyright Mettis Link News

Posted on: 2019-05-02T14:15:00+05:00

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