CPI-based inflation up by 7.9pc in July

04 Aug, 2014

ISLAMABAD: The country's Consumer Price Index (CPI) based inflation rate during July 2014 increased by 7.9 percent as compared to 8.2 percent in the previous month and by 8.3 percent in July 2013.

On month-on-month basis, the CPI inflation increased by 1.7 percent in July 2014 as compared to 0.6 percent in the previous month and 2.0 percent in July 2013.

The Wholesale Price Index (WPI) and Sensitive Prices Index (SPI) in July increased by 6.6 percent and 5.9 percent respectively when compared to June 2014.

The food items that witnessed increase in the prices during July 2014 over June 2014 included tomatoes (43.71%), onions (18.17%), potatoes (16.43%), fresh fruits (15.22%), fresh vegetables (10.96%), eggs (5.73%), sugar (3.05%), cigarettes (2.54%), honey (1.43%), wheat (1.38%), beverages (1.35%), dry fruits (1.33%), gur (1.32%) and betal leaves and nuts (1.1%).

The food items that witnessed decrease in the prices during July 2014 over June 2014 included gram flour (1.56%), pulse gram (1.17%), gram whole (0.35%), vegetable ghee (0.32%), tea (0.31%) and pulse masoor (0.27%).

The non-food items that witnessed increase during the month included motor vehicle tax (36.71%), tailoring (2.58%), cotton cloth (2.1%), motor fuel (2.0%), readymade garments (1.89%), house rent (1.76%) and personal equipments (1.56%).

The non-food items that witnessed decrease during the month included firewood whole (0.25%) and kerosene oil (0.14%).

On year-on-year basis the food items that witnessed increase in their prices during July 2014 over same month of last year included potatoes (122.6%), pulse moong (27.17%), cigarettes (22.46%), fresh fruits (16.89%), milk powder (16.47%), pulse masoor (14.47%) and condiments (13.83%).

The food items that witnessed decrease during the period under review included tomatoes (48.1%), tea (18.05%), onions (7.1%), onions (7.61%), pulse gram (6.93%) and gram flour (5.25%).

The non food items which increased in July 2014 as compared to July 2013 included motor vehicle tax (36.71%), education (16.49%), cotton cloth (15.95%), electricity (15.82%), doctor clinic fee (14.41%), readymade garments (13.58%) and woolen readymade garments (13.45%).

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