April inflation records double digit increase

April inflation records double digit increase

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 11.10 percent on year-on-year (YoY) basis in April 2021 as compared to an increase of 9.1 percent in the previous month, according to data released by Pakistan Bureau of Statistics (PBS).

The headline inflation had increased by 8.5 percent in April 2020.

On month-on-month basis, it increased by 1.0 percent in April 2021 as compared to an increase of 0.4 percent in the previous month and a decrease of 0.8 percent in April 2020.

CPI inflation Urban, increased by 11.0 percent on year-on-year basis in April 2021 as compared to an increase of 8.7 percent in the previous month and 7.7 percent in April 2020.

On month-on-month basis, it increased by 1.3 percent in April 2021 as compared to an increase of 0.3 percent in the previous month and a decrease of 0.7 percent in April 2020.

CPI inflation Rural, increased by 11.3 percent on year-on-year basis in April 2021 as compared to an increase of 9.5 percent in the previous month and 9.8 percent in April 2020.

On month-on-month basis, it increased by 0.6 percent in April 2021 as compared to an increase of 0.5 percent in the previous month and a decrease of 1.1 percent in April 2020.

Sensitive Price Indicator (SPI) inflation on YoY increased by 21.3 percent in April 2021 as compared to an increase of 18.7 percent a month earlier and an increase of 9.3 percent in April 2020.

On MoM basis, it increased by 0.4 percent in April 2021 as compared to an increase of 5.7 percent a month earlier and a decrease of 1.8 percent in April 2020.

Wholesale Price Index (WPI) inflation on YoY basis increased by 16.6 percent in April 2021 as compared to an increase of 14.6 percent a month earlier and an increase of 4.9 percent in April 2020. WPI inflation on MoM basis decreased by 0.4 percent in April 2021 as compared to an increase of 3.7 percent a month earlier and a decrease of 2.0 percent in corresponding month i.e. April 2020.

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