ISLAMABAD: The headline inflation of Pakistan based on Consumer Price Index (CPI) increased by 24.5 per cent Year on Year (YoY) in December 2022 as compared to an increase of 23.8 per cent
in the previous month and 12.3 per cent in December 2021, according to official data released on Monday.
On month-on-month basis, it increased to 0.5 per cent in December 2022 as compared to an increase of 0.8 per cent in the previous month and with no change in December 2021, said Pakistan Bureau of Statistics (PBS).
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CPI inflation Urban, increased to 21.6 per cent on year-on-year basis in December 2022 as compared to an increase of 21.6 per cent in the previous month and 12.7 per cent in December 2021.
On month-on-month basis, it increased to 0.3 per cent in December 2022 as compared to an increase of 0.4 per cent in the previous month and an increase of 0.3 per cent in December 2021.
3. CPI inflation Rural, increased to 28.8 per cent on year-on-year basis in December 2022 as compared to an increase of 27.2 per cent in the previous month and 11.6 per cent in December 2021. On month-on-month basis, it increased to 0.7 per cent in December 2022 as compared to an increase of 1.3 per cent in the previous month and a decrease of 0.5 per cent in December 2021.
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Sensitive Price Indicator (SPI) based inflation on YoY increased to 27.8 per cent in December 2022 as compared to an increase of 27.1 per cent a month earlier and an increase of 20.9 per cent in December 2021.
On MoM basis, it increased by 0.2 per cent in December 2022 as compared to an increase of 6.1 per cent a month earlier and a decrease of 0.4 per cent in December 2021.
Wholesale Price Indicator (WPI) inflation on YoY basis increased to 27.1 per cent in December 2022 as compared to an increase of 27.7 per cent a month earlier and an increase of 26.2 per cent in December 2021.
READ MORE: Pakistan’s headline inflation rises 23.2% in September 2022
On MoM basis, it decreased by 0.7 per cent in December 2022 with no change a month earlier and a decrease of 0.2 per cent in corresponding month i.e. December 2021.
Measured by non-food non-energy Urban increased to 14.7 per cent on (YoY) basis in December 2022 as compared to an increase of 14.6 per cent in the previous month and 8.3 per cent in December, 2021.
On (MoM) basis, it increased by 1.2 per cent in December, 2022 as compared to an increase of 0.8 per cent in previous month, and an increase of 1.1 per cent in corresponding month of last year i.e. December, 2021.
Measured by non-food non-energy Rural increased to 19.0 per cent on (YoY) basis in December, 2022 as compared to an increase of 18.5 per cent in the previous month and 8.9 per cent in December, 2021. On (MoM) basis, it increased by 1.5 per cent in December, 2022 as compared to an increase of 2.1 per cent in previous month, and an increase of 1.1 per cent in corresponding month of last year i.e. December, 2021.
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Measured by 20 per cent weighted trimmed mean Urban increased to 19.4 per cent on (YoY) basis in December, 2022 as compared to 19.8 per cent in the previous month and 10.8 per cent in December, 2021. On (MoM) basis, it increased by 0.8 per cent in December, 2022 as compared to an increase of 0.5 per cent in the previous month and an increase of 1.1 per cent in corresponding month of last year i.e. December, 2021.
Measured by 20 per cent weighted trimmed mean Rural increased to 26.4 per cent on (YoY) basis in December, 2022 as compared to 25.4 per cent in the previous month and by 10.3 per cent in December, 2021.
On (MoM) basis, it increased to 1.5 per cent in December, 2022 as compared to an increase of 1.8 per cent in the previous month and an increase of 1.0 per cent in corresponding month of last year i.e. December, 2021.
