Headline inflation increases by 11 percent in October

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 11 percent in October 2019 while calculating on the base year 2015-2016.

According to inflation data released by Pakistan Bureau of Statistics (PBS) on Wednesday, the inflation general increased by 11.0 percent on year-on-year basis in October 2019 as compared to an increase of 11.4 percent in the previous month and 6.5 percent in October 2018.

On month-on-month basis, it increased by 1.8 percent in October 2019 as compared to an increase of 0.8 percent in the previous month and 2.1 percent in October 2018, the PBS said.

CPI inflation Urban, increased by 10.9 percent on year-on-year basis in October 2019 as compared to an increase of 11.6 percent in the previous month and 7.0 percent in October 2018.

On month-on-month basis, it increased by 1.6 percent in October 2019 as compared to an increase of 0.7 percent in the previous month and an increase of 2.2 percent in October 2018.

CPI inflation Rural, increased by 11.3 percent on year-on-year basis in October 2019 as compared to an increase of 11.1 percent in the previous month and 5.7 percent in October 2018.

On month-on-month basis, it increased by 2.2 percent in October 2019 as compared to an increase of 0.8 percent in the previous month and an increase of 2.0 percent in October 2018.

Sensitive Price Indicator (SPI) inflation on YoY increased by 15.1 percent in October 2019 as compared to an increase of 14.7 percent a month earlier and an increase of 1.7 percent in October 2018.

On MoM basis, it increased by 2.7 percent in October 2019 as compared to an increase of 1.9 percent a month earlier and an increase of 2.3 percent in October 2018.

Wholesale Price Index (WPI) inflation on YoY basis increased by 13.2 percent in October 2019 as compared to an increase of 15.9 percent a month earlier and an increase of 18.6 percent in October 2018.

WPI inflation on MoM basis increased by 2.0 percent in October 2019 as compared to an increase of 0.1 percent a month earlier and an increase of 4.4 percent in corresponding month of last year i.e. October 2018.

Leave a Reply

You have to agree to the comment policy.