Headline inflation contracts at 8.3 percent in November

Headline inflation contracts at 8.3 percent in November

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) contracted by 8.3 percent on Year-on-Year (YoY) based in November 2020, Pakistan Bureau of Statistics (PBS) said on Tuesday.

The CPI inflation general was increased by 8.3 percent YoY basis in November 2020 as compared to an increase of 8.9 percent in the previous month and 12.7 percent in November 2019.

On month-on-month (MoM) basis, it increased by 0.8 percent in November 2020 as compared to an increase of 1.7 percent in the previous month and an increase of 1.3 percent in November 2019.

CPI inflation Urban, increased by 7.0 percent on year-on-year basis in November 2020 as compared to an increase of 7.3 percent in the previous month and 12.1 percent in November 2019.

On month-on-month basis, it increased by 0.6 percent in November 2020 as compared to an increase of 1.3 percent in the previous month and an increase of 1.0 percent in November 2019.

CPI inflation Rural, increased by 10.5 percent on year-on-year basis in November 2020 as compared to an increase of 11.3 percent in the previous month and 13.6 percent in November 2019.

On month-on-month basis, it increased by 1.1 percent in November 2020 as compared to an increase of 2.4 percent in the previous month and an increase of 1.9 percent in November 2019.

Sensitive Price Indicator (SPI) inflation on YoY increased by 9.9 percent in November 2020 as compared to an increase of 12.3 percent a month earlier and an increase of 20.2 percent in November 2019.

On MoM basis, it increased by 1.1 percent in November 2020 as compared to an increase of 3.0 percent a month earlier and an increase of 3.7 percent in November 2019.

Wholesale Price Index (WPI) inflation on YoY basis increased by 5.0 percent in November 2020 as compared to an increase of 5.1 percent a month earlier and an increase of 11.2 percent in November 2019.

WPI inflation on MoM basis decreased by 0.9 percent in November 2020 as compared to an increase of 2.9 percent a month earlier and a decrease of 0.8 percent in corresponding month (November 2019) of last year.

Leave a Reply

You have to agree to the comment policy.