Pakistan’s Yearly inflation at 8.98 percent in September

News Image

MG News | October 01, 2021 at 04:50 PM GMT+05:00

0:00

October 1, 2021 (MLN): The National Consumer Price Index for September 2021 is increased by 2.12% over August 2021 and increased by 8.98% over the corresponding month of the last year i.e. September 2020.

The July-September average inflation is 8.58% compared to 8.84% from the corresponding period of last year.

Inflation climbed higher than expected in September as the market projection was between 7.9% - 8.43%YoY.with the average estimate of 8.17%.

Even Finance Ministry in its latest September Economic Outlook expected that inflation may end up in between 7.5% to 8.4%. However, it noted that in the month of September, MoM inflationary impulses may come from 2nd round effects of a previous increase in international commodity prices, currency depreciation and some seasonal factors.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,665.00 118,670.00
117,905.00
1045.00
0.89%
BRENT CRUDE 73.47 73.63
71.75
0.96
1.32%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.36 70.37
70.18
0.36
0.51%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

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