Headline inflation increases by 10.3pc in July 2019

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 10.3 percent on year-on-year basis in July, 2019, said Pakistan Bureau of Statistics (PBS) on Thursday.

The inflation has been increased as compared to an increase of 8.9 percent in the previous month and 5.8 percent in July 2018.

On month-on-month basis, it increased by 2.3 percent in July 2019 as compared to an increase of 0.4 percent in the previous month and an increase of 0.9 percent in corresponding month i.e. July 2018.

Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 7.8 percent on (YoY) basis in July 2019 as compared to an increase of 7.2 percent in the previous month and 7.6 percent in July 2018. On (MoM) basis, it in-creased by 1.7 percent in July 2019 as compared to an increase of 0.3 percent in previous month, and an increase of 1.2 percent in corresponding month of last year i.e. July 2018.

Core inflation, measured by 20 percent weighted trimmed mean CPI (Core Trimmed) increased by 8.0 percent on (YoY) basis in July 2019 as compared to 7.3 percent in the previous month and by 5.9 percent in July 2018.

On (MoM) basis, it increased by 1.7 percent in July 2019 as compared to an increase of 0.4 percent in the previous month and an increase of 0.9 percent in cor-responding month of last year i.e. July 2018.

Sensitive Price Indicator (SPI) based inflation on YoY basis increased by 12.2 percent in July 2019 as compared to an increase of 10.6 percent a month earlier and an increase of 3.6 percent in July 2018.

On MoM basis, it increased by 2.6 percent as compared to an increase of 1.6 percent in the previous month and an increase of 1.2 percent in corresponding month of last year i.e. July 2018.

Wholesale Price Index (WPI0 inflation on YoY basis increased by 13.5 percent in July 2019 as compared to an increase of 12.7 percent a month earlier and an increase of 10.5 percent in July 2018.

WPI inflation on MoM basis increased by 3.1 percent in July 2019 as compared to an increase of 0.3 percent a month earlier and an increase of 2.4 percent in corresponding month of last year i.e. July 2018.

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