CPI based inflation up by 3.3pc in January

01 Feb, 2016

ISLAMABAD: The Consumer Price Index (CPI) based inflation rate during last month (January) witnessed an increase of 3.3 percent as compared to same month of last year.

On month-on-month basis the CPI inflation however decreased by 0.2 percent in January as compared to the previous month, according to data released by Pakistan Bureau of Statistics (PBS).

Meanwhile, the Sensitive Price Index (SPI) inflation on year on year basis increased by 3.1 percent in January, 2016 as compared to increase of 2.9 percent a month earlier while on month-on-month basis, the SPI decreased by 0.7 percent in the month under review as compared to an decrease of 0.7 percent month earlier.

Similarly the Wholesale Price Index (WPI) inflation on Year-on-Year basis increased by 0.1 percent in January, 2016 as compared to decrease of 0.4 percent a month earlier and a decrease of 2.4 percent in January, 2015.

On month-on-month basis WPI decreased by 0.5 percent in January 2016 as compared to decrease of 0.7 percent a month earlier and a decrease of 1.0 percent in January 2015.

The food items that witnessed increase in the prices during the month over previous month included sugar, fruit, chicken, pulse mash, tea, fish, gram and dry fruit.

The food items that witnessed decrease in the prices during the period under review over previous month included tomatoes, potatoes, onions, vegetables, eggs and cooking oil.

The non-food items prices of which increased during the period under review included water supply, house rent, motor vehicles, dopatta, marriage hall charges and fire wood.

Non-food items that witnessed decreased during last month included kerosene oil.

Copyright APP (Associated Press of Pakistan), 2016

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