Yearly Inflation at 3.19 Percent in December

The PBS released the Inflation figures for December, following is the summary of their release.

• CPI inflation, General  increased  by  3.2%  on year-on-year basis in  December  2015  as compared to  an increase  2.7%  in  the  previous  month  and  4.3%  in  December  2014.  On  month-on-month  basis,  it decreased  by  0.6%  in  December  2015  as  compared  to    increase  of  0.6%  in  the  previous  month  and decrease of 1.0% in December 2014.
• Core inflation measured by non-food non-energy CPI (Core NFNE) increased by  4.1%  on (YoY) basis  in December  2015 as compared to increase 4.0% in the previous month and  6.7% in December  2014. On (MoM)  basis, it  increased by  0.2%  in  December  2015  as compared  to  increase of  0.1%  in  the previous month and 0.1% in December 2014.
• Core  inflation,  measured  by  20%  weighted trimmed mean CPI (Core Trimmed)  increased by  2.7%  on (YoY) basis  in  December  2015  as compared to  2.9% in  the previous month and  by  5.2% in December 2014.  On (MoM) basis, it  increased by 0.2%  in  December  2015  as compared to increase of 0.2%  in  the previous month and  no change in December 2014.
• SPI inflation on YoY  increased by  2.9%  in  December  2015  as compared  to  increase of  2.1% a month earlier  and an  increase of   0.8% in  December    2014.  On MoM  basis, it decreased  by  0.7%  in  December 2015 as compared to a increase of 1.0% a month earlier and decrease of 1.5% in December 2014.
• WPI inflation on YoY basis decreased  by  0.4%  in  December  2015  as  compared  to  decrease of  1.7% a month earlier and  a  decrease of  0.9% in  December  2014. WPI inflation  on MoM  basis    decreased by 0.7%  in  December  2015  as compared  to  increase  of  0.01%  a month earlier  and  decrease of  1.9% in December 2014.