Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Yearly Inflation at 3.32 Percent in January

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

  • CPI  inflation,  General  increased  by  3.3%  on  year-on-year  basis  in  January  2016  as  compared  to  an increase  3.2%  in the previous month  and 3.9% in January  2015. On month-on-month basis, it increased by 0.2% in January  2016 as compared to  decrease of 0.6% in the previous month and increase of 0.1% in January  2015.
  • Core inflation measured by non-food non-energy CPI (Core NFNE) increased by  4.3% on (YoY) basis in January 2016  as  compared to  increase  4.1%  in  the previous month and 6.4% in January 2015. On (MoM) basis, it  remained unchanged  in  January   2016  as compared to increase of  0.2%  in  the previous month and 0.7% in January  2015.
  • Core inflation, measured by 20% weighted trimmed mean CPI (Core Trimmed) increased by 3.0% on (YoY) basis in January 2016 as compared to 2.7% in the previous month and  by 4.8% in January 2015. On (MoM) basis,  it  remained  unchanged  in January  2016  as  compared  to  increase of  0.2%  in the previous month and 0.3% in January 2015.
  • SPI inflation on YoY increased by 3.1% in January  2016 as compared to increase of 2.9% a month earlier and an increase of 1.1% in January  2015. On MoM basis, it decreased by 0.7% in January 2016 as compared to a decrease of 0.7% a month earlier and decreases of 0.9% in January 2015.
  • WPI inflation on YoY basis increased by 0.1% in January  2016 as compared to decrease of 0.4% a month earlier and a decrease of 2.4% in January 2015. WPI inflation on MoM basis decreased by 0.5% in January  2016  as compared to decrease of 0.7% a month earlier and decrease of 1.0% in January 2015.
Item Index M.O.M Y.O.Y
Inflation Details
CPI 203.49 0.21 3.32
WPI 206.27 -0.53 0.08
SPI 208.21 -0.67 3.12

 

Posted on: 2016-02-01T15:12:00+05:00