Headline inflation increases by 12.6% in December 2019

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 12.6 percent in December 2019 on Year on Year (YoY) basis.

Pakistan Bureau of Statistics (PBS) on Wednesday said that the CPI inflation general increased by 12.6 percent on year-on-year basis in December 2019 as compared to an increase of 12.7 percent in the previous month and 5.4 percent in December 2018.

On month-on-month basis, it decreased by 0.3 percent in December 2019 as compared to an increase of 1.3 percent in the previous month and a decrease of 0.3 percent in December 2018.

CPI inflation Urban increased by 12.0 percent on year-on-year basis in December 2019 as compared to an increase of 12.1 percent in the previous month and 5.9 percent in December 2018.

On month-on-month basis, it decreased by 0.4 percent in December 2019 as compared to an increase of 1.0 percent in the previous month and a decrease of 0.3 percent in December 2018.

CPI inflation Rural increased by 13.6 percent on year-on-year basis in December 2019 as compared to an increase of 13.6 percent in the previous month and 4.6 percent in December 2018.

On month-on-month basis, it decreased by 0.3 percent in December 2019 as compared to an increase of 1.9 percent in the previous month and a decrease of 0.3 percent in December 2018.