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Top News

CPI increases by 1.62 percent

Published Updated

Commodity-marketISLAMABAD: The monthly Consumer Price Index (CPI) during the month of April registered increase of 1.62 percent as compared to previous month of current financial year.

In April, the CPI and Sensitive Price Indicator (SPI) increased by 1.62 percent and 0.55 percent respectively while Wholesale Price Index (WPI) increased by 2.26 percent over March, 2011, according to the data released by the Federal Bureau of Statistics (FBS).

FBS collected the retail and the wholesale prices and computes the Consumer Price Index (CPI), Whole Sale Price Index (WPI) on monthly basis and Sensitive Price Indicator (SPI) on weekly basis, respectively.

The CPI was recorded at 13.04 percent during last month as compared to the corresponding month of last year.

Compared to April of 2010, CPI increased by 13.04 per cent, SPI 16.97 and WPI 25.92 per cent. Inflation is significantly higher than last year.

In April, 2009 the annual monthly inflation rate CPI had stood at 13.26 percent SPI 16.72 per cent and WPI 21.99 percent, the data revealed.

The indices averaged for the period of July to April, 2010-11 have increased over the same period of 2009-10 by CPI 14.08 per cent, SPI 18.47 percent and WPI 23.29 percent, it said.

The main commodities which showed decrease in their prices during the period under review including eggs, tomatoes, onions, chicken farm, pulse gram, wheat, gur, wheat flour and pulse masoor.

The main commodities, which showed an increase in their prices during the month under review are potatoes, vegetables, milk fresh, petrol, beverages, milk products, spices, meat, tea, cooking oil, gram whole and milk powder, cotton cloth, silk, linen, woolen cloth, hoisery, readymade garments, tailoring charges,kerosene, refrigerator, airconditioner, iron fans, washing machine, plastic products, sewing machines, clock, needles, suitcase, furnishing, diesel, petrol, transport fare, tyre, tube, service charges, vehicles, tuition fees, stationery,text books, toilet soap, jewellery, watches, laundry charges, washing soap and shaving articles.

 

Copyright APP (Associated Press of Pakistan), 2011 

 

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