October 02, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in September 2020 was 9.04 percent compared to 8.21 percent in August 2020 and 11.40 percent in September 2019.
The July-September average inflation is 8.85 percent compared to 10.10 percent from the corresponding period last year.
Market Expectation of Inflation for September was between 8.66 % and 8.08% with the average estimate of 8.42%.
On a monthly basis, CPI increased by 1.54 percent in September compared to an increase of 0.63 percent in August.
Market expectation of Monthly change was between 1.18% and 0.64% with the average estimate at 0.97%.
CPI inflation Urban, increased by 7.7% on year-on-year basis in September 2020 as compared to an increase of 7.1% in the previous month and 11.6% in September 2019. On month-on-month basis, it increased by 1.3% in September 2020 as compared to an increase of 0.8% in the previous month and an increase of 0.7% in September 2019.
CPI inflation Rural, increased by 11.1 % on year-on-year basis in September 2020 as compared to an increase of 9.9% in the previous month and 11.1% in September 2019. On month-on-month basis, it increased by 2.0 % in September 2020 as compared to an increase of 0.4% in the previous month and an increase of 0.8% in September 2019.
SPI inflation on YoY increased by 12.0% in September 2020 as compared to an increase of 11.7% a month earlier and an increase of 14.7% in September 2019. On MoM basis, it increased by 2.1% in September 2020 as compared to an increase of 0.9% a month earlier and an increase of 1.9% in September 2019.
WPI inflation on YoY basis increased by 4.3% in September 2020 as compared to an increase of 3.3% a month earlier and an increase of 15.9% in September 2019. WPI inflation on MoM basis increased by 1.0% in September 2020 as compared to a decrease of 1.3% a month earlier and an increase of 0.1% in corresponding month of last year i.e. September 2019.
Core inflation (NFNE)
Measured by non-food non-energy Urban CPI increased by 5.5% on (YoY) basis in September 2020 as compared to an increase of 5.6% in the previous month and 8.4% in September 2019. On (MoM) basis, it increased by 0.3% in September 2020 as compared to increase of 0.7% in previous month, and an increase of 0.4% in corresponding month of last year i.e. September 2019.
Measured by non-food non-energy Rural CPI increased by 7.8% on (YoY) basis in September 2020 as compared to an increase of 7.6% in the previous month and 8.8% in September 2019. On (MoM) basis, it increased by 0.4% in September 2020 as compared to an increase of 0.8% in previous month, and an increase of 0.3% in corresponding month of last year i.e. September 2019.
Core inflation (Trimmed)
Measured by 20% weighted trimmed mean Urban CPI increased by 7.1% on (YoY) basis in September 2020 as compared to 7.0% in the previous month and by 9.3% in September 2019. On (MoM) basis, it increased by 0.4% in September 2020 as compared to an increase of 1.3% in the previous month and an increase of 0.6% in corresponding month of last year i.e. September 2019.
Measured by 20% weighted trimmed mean Rural CPI increased by 10.0% on (YoY) basis in September 2020 as compared to 9.3% in the previous month and by 9.6% in September 2019. On (MoM) basis, it increased by 0.9% in September 2020 as compared to an increase of 1.0% in the previous month and an increase of 0.6% in corresponding month of last year i.e. September 2019.
Copyright Mettis Link News
37268