ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 10.9 percent on year-on-year basis in May 2021 as compared to an increase of 11.1 percent in the previous month and 8.2 percent in May 2020, says the Pakistan Bureau of Statistics (PBS).
According to the monthly review of price indices by the PBS, on month-on-month basis, the CPI increased by 0.1 percent in May 2021 as compared to an increase of one percent in the previous month and an increase of 0.3 percent in May 2020.
The National Consumer Price Index for May 2021 is increased by 0.10 percent over April 2021 and increased by 10.87 percent over corresponding month of the last year i.e. May 2020.
The CPI inflation Urban, increased by 10.8 percent on year-on-year basis in May 2021 as compared to an increase of 11 percent in the previous month and 7.3 percent in May 2020.
On month-on-month basis, it increased by 0.2 percent in May 2021 as compared to an increase of 1.3 percent in the previous month and an increase of 0.3 percent in May 2020
The CPI inflation Rural, increased by 10.9 percent on year-on-year basis in May 2021 as compared to an increase of 11.3 percent in the previous month and 9.7 percent in May 2020.
On month-on-month basis, it decreased by 0.03 percent in May 2021 as compared to an increase of 0.6 percent in the previous month and an increase of 0.3 percent in May 2020.
The Sensitive Price Index (SPI) inflation on YoY increased by 19.7 percent in May 2021 as compared to an increase of 21.3 percent a month earlier and an increase of 11 percent in May 2020.
On MoM basis, it increased by 0.8 percent in May 2021 as compared to an increase of 0.4 percent a month earlier and an increase of 2.2 percent in May 2020.
The Wholesale Price Index (WPI) inflation on YoY basis increased by 19.4 percent in May 2021 as compared to an increase of 16.6 percent a month earlier and an increase of 1.5 percent in May 2020.
The WPI inflation on MoM basis increased by 0.3 percent in May 2021 as compared to a decrease of 0.4 percent a month earlier and a decrease of 2.1 percent in corresponding month i.e. May 2020
Measured by non-food non-energy urban increased by 6.8 percent on (YoY) basis in May, 2021 as compared to an increase of seven percent in the previous month and 6.3 percent in May 2020.
On MoM basis, it increased by 0.2 percent in May 2021 as compared to increase of 0.9 percent in previous month, and an increase of 0.4 percent in corresponding month of last year i.e. May 2020.
Measured by non-food non-energy Rural increased by 7.6 percent on (YoY) basis in May 2021 as compared to an increase of 7.7 percent in the previous month and 8.4 percent in May 2020.
On MoM basis, it increased by 0.3 percent in May 2021 as compared to an increase of 0.7 percent in previous month, and an increase of 0.4 percent in corresponding month of last year i.e. May 2020.
Measured by 20 percent weighted trimmed mean Urban increased by 10 percent on (YoY) basis in May 2021 as compared to 9.8 percent in the previous month and 6.7 percent in May 2020.
On MoM basis, it increased by 0.2 percent in May 2021 as compared to an increase of 0.6 percent in the previous month and a decrease of 0.4 percent in corresponding month of last year i.e. May 2020.
Measured by 20 percent weighted trimmed mean Rural increased by 10.3 percent on YoY basis in May 2021 as compared to 10.6 percent in the previous month and by 8.9 percent in May 2020.
On MoM basis, it increased by 0.4 percent in May 2021 as compared to an increase of 0.2 percent in the previous month and an increase of 0.5 percent in corresponding month of last year i.e. May 2020.
According to the PBS data, top few commodities which varied from previous month and contributed to Urban CPI among food which registered increase are chicken (16.87 percent), fruits (10.54 percent), wheat flour (9.75 percent), mustard oil (5.15 percent), meat (4.68 percent), sugar (2.57 percent), gur (1.99 percent) and rice (1.42 percent) and decreased among tomatoes (46.64 percent), vegetables (18.84 percent), onions (13.15 percent), eggs (11.58 percent), maash (1.37 percent), gram (1.33 percent), moong (1.27 percent), wheat (1.16 percent), and masoor (1.12 percent).
Among non-food items which registered increase are personal effects (1.80 percent), motor vehicle accessories (1.08 percent), washing soap (0.91 percent) and drugs and medicines (0.81 percent), and decreased in Liquefied Hydrocarbons (10.72 percent) and electricity charges (5.61 percent).
On YoY, top few commodities which varied from previous year and contributed to UCPI among food items which registered increased are chicken (59.57 percent), eggs (54.96 percent), mustard oil (30.75 percent), wheat (29.90 percent), wheat flour (28.54 percent), condiments and spices (26.71 percent), vegetable ghee (22.1 percent), sugar (21.62 percent), cooking oil (20.62 percent), bakery and confectionary (16.81 percent), milk (15.41 percent), meat (14.15 percent) and vegetables (12.53 percent ), and decreased in onions (31.52 percent), moong (17.22 percent), potatoes (15.59 percent), masoor (7.09 percent) and besan (1.92 percent).
Among non-food which increased are motor fuel (25.43 percent), electricity charges (21.83 percent), footwear (16.27 percent), cleaning and laundering (13.45 percent), hosiery (12.55 percent), clinic fee (12.45 percent), woolen garments (12.08 percent), cotton cloth (12.07 percent), and drugs and medicines (10.76 percent), and decreased in Liquefied Hydrocarbons (1.97 percent).
Top few commodities which varied from previous month and contributed to Rural CPI and which increased among food items are chicken (22.56 percent), potatoes (10.13 percent), fruits (7.16 percent), meat (5.92 percent), gur (5.32 percent), wheat flour (4.11 percent), sugar (4.07 percent), cooking oil (3.43 percent), mustard oil (3.27 percent), vegetable ghee (2.82 percent) and gram whole (1.69 percent), and decreased among tomatoes (46.38 percent), vegetables (27.02 percent), eggs (11.71 percent), onions (9.08 percent) and wheat (5.21 percent).
Among the non-food prices of which increased are textbooks (1.52 percent), mechanical services (one percent), personal effects (0.91 percent) and readymade garments (0.85 percent), and decreased in Liquefied Hydrocarbons (6.52 percent), electricity charges (5.61 percent) and motor fuels (0.62 percent).
On YoY basis, the top few commodities which varied from previous year which increased among food items are chicken (60.76 percent), eggs (49.73 percent), mustard oil (28.99 percent), cooking oil (28.98 percent), wheat (27.66 percent), wheat flour (26.02 percent), vegetable ghee (25.35 percent), sugar (21.67 percent), wheat products (18.33 percent), meat (16.33 percent), and rice (11.93 percent), and decreased among onions (34.37 percent), moong (18.79 percent), potatoes (12.45 percent), fruits (5.11 percent), masoor (4.76 percent), and besan (2.01 percent).
Among non-food items prices of which increased are motor fuels (26.97 percent), electricity charges (21.83 percent), clinic fee (16.41 percent), hosiery (15.54 percent), plastic products (13.7 percent), woolen cloth (13.31 percent), household equipment (13.12 percent), cotton cloth (12.48 percent), and stationery (10.30 percent).
Top few commodities which varied from previous month and contributed to the WPI inflation and increased included poultry (18.38 percent), fruits (18.34 percent), bajra (15.62 percent), potatoes (6.60 percent), sugar refined (5.82 percent), wheat flour (4.42 percent), meat (3.38 percent), fibre crops (2.81 percent) and oil seeds (2.44 percent), and decreased among vegetables (21.67 percent), eggs (12.07 percent), maize (6.10 percent), jowar (5.22 percent), electrical energy (5.19 percent), kerosene oil (1.27 percent) and diesel oil (1.26 percent).
YoY top few commodities which varied from previous year i.e. May 2020 and increased among furnace oil (117.59 percent), bajra (70.09 percent), kerosene oil (68.63 percent), eggs (63.74 percent), poultry (60.44 percent), diesel oil (52.41 percent), cotton fabrics (37.56 percent), timber (37.19 percent), wheat (33.47 percent), motor spirit (31.44 percent), wheat flour (28.28 percent), vegetable oils (27.96 percent), vegetable ghee (27.11 percent) and sugar refined (21.12 percent), and decreased among potatoes (15.61 percent) and hides, skins and fur skins, raw (12.26 percent).
Copyright Business Recorder, 2021
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