Headline inflation increases by 9 percent in September

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 9.0 percent on year-on-year basis in September 2020 as compared to an increase of 8.2 percent in the previous month and 11.4 percent in September 2019, Pakistan Bureau of Statistics (PBS) said on Friday.

On month-on-month basis, it increased by 1.5 percent in September 2020 as compared to an increase of 0.6 percent in the previous month and an increase of 0.8 percent in September 2019.

CPI inflation Urban, increased by 7.7 percent on year-on-year basis in September 2020 as compared to an increase of 7.1 percent in the previous month and 11.6 percent in September 2019. On month-on-month basis, it increased by 1.3 percent in September 2020 as compared to an increase of 0.8 percent in the previous month and an increase of 0.7 percent in September 2019.

CPI inflation Rural, increased by 11.1  percent on year-on-year basis in September 2020 as compared to an increase of 9.9 percent in the previous month and 11.1 percent in September 2019. On month-on-month basis, it increased by 2.0  percent in September 2020 as compared to an increase of 0.4 percent in the previous month and an increase of 0.8 percent in September 2019.

Sensitive Price Indicator (SPI) inflation on YoY increased by 12.0 percent in September 2020 as compared to an increase of 11.7 percent a month earlier and an increase of 14.7 percent in September 2019. On MoM basis, it increased by 2.1 percent in September 2020 as compared to an increase of 0.9 percent a month earlier and an increase of 1.9 percent in September 2019.

Wholesale Price Index (WPI) inflation on YoY basis increased by 4.3 percent in September 2020 as compared to an increase of 3.3 percent a month earlier and an increase of 15.9 percent in September 2019. WPI inflation on MoM basis increased by 1.0 percent in September 2020 as compared to a decrease of 1.3 percent a month earlier and an increase of 0.1 percent in corresponding month of last year i.e. September 2019.

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