Headline inflation increases by 9.1 percent in March

Headline inflation increases by 9.1 percent in March

ISLAMABAD: Headline inflation based on Consumer Price Index (CPI) has increased by 9.1 percent on year on year basis in March 2021 as compared to an increase of 8.7 percent in February 2021 and 10.2 percent in March 2020, Pakistan Bureau of Statistics (PBS) said on Thursday.

On month-on-month basis, it increased by 0.4 percent in March 2021 as compared to an increase of 1.8 percent in the previous month and an increase of 0.02 percent in March 2020.

CPI inflation Urban, increased by 8.7 percent on year-on-year basis in March 2021 as compared to an increase of 8.6 percent in the previous month and 9.3 percent in March 2020.

On month-on-month basis, it increased by 0.3 percent in March 2021 as compared to an increase of 2.3 percent in the previous month and an increase of 0.1 percent in March 2020.

CPI inflation Rural, increased by 9.5 percent on year-on-year basis in March 2021 as compared to an increase of 8.8 percent in the previous month and 11.7 percent in March 2020.

On month-on-month basis, it increased by 0.5 percent in March 2021 as compared to an increase of 1.1 percent in the previous month and a decrease of 0.1 percent in March 2020.

Sensitive Price Indicator (SPI) based inflation on YoY increased by 18.7 percent in March 2021 as compared to an increase of 11.9 percent a month earlier and an increase of 11.8 percent in March 2020.

On MoM basis, it increased by 5.7 percent in March 2021 as compared to an increase of 3.1 percent a month earlier and a decrease of 0.3 percent in March 2020.

Wholesale Price Index (WPI) based inflation on YoY basis increased by 14.6 percent in March 2021 as compared to an increase of 9.5 percent a month earlier and an increase of 9.3 percent in March 2020.

WPI inflation on MoM basis increased by 3.7 percent in March 2021 as compared to an increase of 2.2 percent a month earlier and a decrease of 0.9 percent in corresponding month i.e. March 2020.

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