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

Trending :

YoY CPI based inflation at 5.2 percent in June FY18

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

The consumer price index (CPI) based general inflation increased by 5.2% on year-on-year (YoY) basis in June 2018 as compared to an increase of 4.2% in the previous month (May) and 3.9% in June 2017.

On month-on-month (MoM) basis, the CPI increased by 0.6% in June 2018 as compared to an increase of 0.5% in May 2018 and a decrease of 0.4% in June 2017, according to the data of Pakistan Bureau of Statistic (PBS) issued by officials of the bureau.

According to the data, the core inflation measured by non-food-non-energy CPI (Core NFNE) increased by 7.1% on (YoY) basis in June 2018 as compared to an increase of 7.0% in May 2018 and 5.5% in june 2017

On (MoM) basis, it increased by 0.3% in June 2018 as compared to an increase of 0.2% in the previous month and 0.1% in the corresponding month of last year, i.e. June 2017, data revealed.

Core inflation, measured by 20% weighted trimmed mean CPI (Core Trimmed) increased by 5.4% on (YoY) basis in June 2018 as compared to 5.1% in the previous month and 4.2% in June 2017.

On (MoM) basis, it increased by 0.2% in June 2018 as compared to an increase of 0.3% in the previous month and 0.0% in the corresponding month of the previous year, i.e. June 2017.

Meanwhile, the Sensitive Price Index (SPI) based inflation increased by 1.9% on (YoY) basis in June 2018, as compared to an increase of 0.5% in the previous month and an increase of 1.4% in June 2017.

On (MoM) basis, it increase by 1.8% in June 2018 as compared to an increase of 0.1% in the previous month and in June 2017.

Similarly, the Wholesale Price Index (WPI) inflation on YoY basis increased by 7.6% in June 2018 as compared to an increase of 5.6% in the previous month and an increase of 3.3% in June 2017.

The WPI inflation on MoM basis increased in June 2018 by 1.5% as compared to an increase of 1.3% in the previous month and a decrease of 0.5% in June 2017.

Meanwhile, the food items that witnessed increase on YoY basis included Betel Leaves & Nuts (190.86%), Chicken (26.20%), Tomatoes (16.77%), Onion (14.18%), Dry Fruits (10.32%), Meat (9.45%), Rice (8.83%), Sweat Meat (7.84%), Spices (5.98%), Condiments (5.86%), Jam Tomato ketchup & Pickles (5.51%), Readymade Food (5.45%), Fish (5.03%), Tea (4.90%) and Milk Products (4.87%).

The food items that witnessed a decrese in prices on YoY basis included Pulse Mash (26.57%), Potatoes (25.61%), Pulse Masoor (13.02%), Pulse Gram (12.58%), Pulse Moong (12.12%), Besan (8.65%), Gur (6.42%), Sugar (6.35%), Gram Whole (6.08%), Eggs (1.82%) and Fresh Vegetables (1.69%).

The Non-food items that witnessed increase in prices during the period included Kerosene Oil (34.37%), Motor Fuel (17.30%), Education (13.09%), Newspapers (12.02%), Construction Wage Rates (10.48%), Water Supply (10.21%), Personal Equipments (9.32%), Postal Services (8.90%), Medical Tests (8.74%), Cosmetics (8.60%), Stationary (8.51%), Construction Input Items (8.51%), Doctor (MBBS) Clinic Fee (8.35%), Tailoring (8.24%), Transport Services (8.17%), Furniture (7.98%), Cleaning & Laundry (7.49%), Hosiery (7.42%), Footwear (7.36%) and Household Servant (7.15%).

Posted on: 2018-07-04T16:30:00+05:00

21936