Pakistan's Yearly inflation at 9.30 Percent in July

August 03, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in July 2020 was 9.30 percent compared to 8.59 percent in June 2020 and 8.40 percent in July 2019.

Market Expectation of Inflation for July was between 9.08 % and 8.50% with the average estimate of 8.78%.

On a monthly basis, CPI increased by 2.50 percent in July compared to an increase of 0.82 percent in June.

Market expectation of Monthly change was between 2.32% and 1.80% with the average estimate at 2.10%.

CPI inflation Urban, increased by 7.8% on year-on-year basis in July 2020 as compared to an increase of 7.6% in the previous month and 8.7% in July 2019. On month-on-month basis, it increased by 2.2% in July 2020 as compared to an increase of 0.7% in the previous month and an increase of 2.0% in July 2019.

CPI inflation Rural, increased by 11.5% on year-on-year basis in July 2020 as compared to an increase of 10.0% in the previous month and 7.9% in July 2019. On month-on-month basis, it increased by 2.9% in July 2020 as compared to an increase of 1.0% in the previous month and an increase of 1.6% in July 2019.

SPI inflation on YoY increased by 13.5% in July 2020 as compared to an increase of 11.5% a month earlier and an increase of 8.9% in July 2019. On MoM basis, it increased by 2.8% in July 2020 as compared to an increase of 1.4% a month earlier and an increase of 1.0% in July 2019.

WPI inflation on YoY basis increased by 3.2% in July 2020 as compared to an increase of 0.9% a month earlier and an increase of 13.3% in July 2019. WPI inflation on MoM basis increased by 5.4% in July 2020 as compared to a decrease of 0.3% a month earlier and an increase of 3.1% in corresponding month of last year i.e. July 2019.

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