Headline inflation increases by 14.6% in January 2020

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 14.6 percent on year-on-year (YoY) basis in January 2020.

The headline inflation was 12.6 percent in December 2019 and 5.6 percent in January 2019, said Pakistan Bureau of Statistics (PBS) on Saturday.

On month-on-month basis, it increased by 2 percent in January 2020 as compared to a decrease of 0.3 percent in the previous month and a increase of 0.3 percent in January 2019.

The CPI inflation Urban, increased by 13.4 percent on year-on-year basis in January 2020 as compared to an increase of 12.0 percent in the previous month and 6.2 percent in January 2019.

On month-on-month basis, it increased by 1.7 percent in January 2020 as compared to a decrease 0.4 percent in the previous month and a increase of 0.4 percent in January 2019.

CPI inflation Rural, increased by 16.3 percent on year-on-year basis in January 2020 as compared to an increase of 13.6 percent in the previous month and 4.6 percent in January 2019.

On month-on-month basis, it increased by 2.4 percent in January 2020 as compared to a decrease of 0.3 percent in the previous month and a decrease of 0.02 percent in January 2019.

Sensitive Price Indicator (SPI) based inflation on 18.3 percent YoY increased by percent in January 2020 as compared to an increase of 18.1 percent a month earlier and an increase of 3.4 percent in January 2019.

On MoM basis, it increased by 0.5 percent in January 2020 as compared to a decrease of 2.0 percent a month earlier and an increase of 0.4 percent in January 2019.

Wholesale Price Index (WPI) inflation on YoY basis increased by 15.4 percent in January 2020 as compared to an increase of 12.4 percent a month earlier and an increase of 12.6 percent in January 2019.

WPI inflation on MoM basis it increased by 1.8 percent in January 2020 as compared to a decrease of 0.3 percent a month earlier and a decrease of 0.8 percent in corresponding month of last year i.e. January 2019.

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