Yearly Inflation at 3.56 Percent in August

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

• CPI inflation General increased by 3.6% on year-on-year basis in August 2016 as compared to an increase of 4.1% in the previous month and 1.8% in August 2015. On month-on-month basis, it decreased by 0.3% in August 2016 as compared to an increase of 1.3% in the previous month and an increase of 0.2% in August 2015.
• Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 4.6% on (YoY) basis in August 2016 as compared to increase of 4.5% in the previous month and 4.0% in August 2015. On (MoM) basis, it increased by 0.2% in August 2016 as compared to increase of 0.6% in previous month and an increase of 0.1% in August 2015.
• Core inflation, measured by 20% weighted trimmed mean CPI (Core Trimmed) increased by 3.5% on (YoY) basis in August 2016 as compared to 3.6% in the previous month and by 2.8% in August 2015. On (MoM) basis, it increased by 0.1% in August 2016 as compared to an increase of 0.5% in the previous month and 0.1% in August 2015.
• SPI inflation on YoY increased by 2.2% in August 2016 as compared to an increase of 1.7% a month earlier and decrease of 1.5 % in August 2015. On MoM basis, it increased by 0.2% in August 2016 as compared to an increase of 1.3% a month earlier and a decrease of 0.2% in August, 2015.
• WPI inflation on YoY basis increased by 3.5% in August 2016 as compared to an increase of 3.0% a month earlier and a decrease of 2.9% in August 2015. WPI inflation on MoM basis decreased by 0.03% in August 2016 as compared to an increase of 2.3% a month earlier and a decrease of 0.5% in August 2015.