Pakistan’s headline inflation rises 23.2% in September 2022

Pakistan’s headline inflation rises 23.2% in September 2022

ISLAMABAD: Pakistan’s headline inflation based on Consumer Price Index (CPI) increased to 23.2 per cent on year-on-year basis in September 2022 as compared to an increase of 27.3 per cent in the previous month and 9.0 per cent in September 2021.

On month-on-month basis, it decreased by -1.2 per cent in September 2022 as compared to an increase of 2.4 per cent in the previous month and an increase of 2.1 per cent in September 2021, according to data released by Pakistan Bureau of Statistics (PBS).

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CPI inflation Urban, increased to 21.2 per cent on year-on-year basis in September 2022 as compared to an increase of 26.2 per cent in the previous month and 9.1 per cent in September 2021.

On month-on-month basis, it decreased by -2.1 per cent in September 2022 as compared to an increase of 2.6 per cent in the previous month and an increase of 2.0 per cent in September 2021.

CPI inflation Rural, increased to 26.1 per cent on year-on-year basis in September 2022 as compared to an increase of 28.8 per cent in the previous month and 8.8 per cent in September 2021. On month-on-month basis, it increased by 0.2 per cent in September 2022 as compared to an increase of 2.2 per cent in the previous month and an increase of 2.3 per cent in September 2021.

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Sensitive Price Indicator (SPI) inflation on YoY increased to 28.6 per cent in September 2022 as compared to an increase of 34.0 per cent a month earlier and an increase of 16.6 per cent in September 2021.

On MoM basis, it decreased by -1.4 per cent in September 2022 as compared to increase of 5.2 per cent a month earlier and an increase of 2.7 per cent in September 2021.

Wholesale Price Index (WPI) inflation on YoY basis increased to 38.9 per cent in September 2022 as compared to an increase of 41.2 per cent a month earlier and an increase of 19.6 per cent in September 2021.

READ MORE: Pakistan’s sensitive price inflation surges by 37.67%

WPI inflation on MoM basis increased by 1.4 per cent in September 2022 as compared to an increase of 3.1 per cent a month earlier and an increase of 3.2 per cent in corresponding month i.e. September 2021.

Measured by non-food non-energy Urban increased to 14.4 per cent on (YoY) basis in September, 2022 as compared to an increase of 13.8 per cent in the previous month and 6.4 per cent in September, 2021.

On (MoM) basis, it increased by 0.9 per cent in September, 2022 as compared to an increase of 1.8 per cent in previous month, and an increase of 0.4 per cent in corresponding month of last year i.e. September 2021.

Measured by non-food non-energy Rural increased to 17.6 per cent on (YoY) basis in September, 2022 as compared to an increase of 16.5 per cent in the previous month and 6.2 per cent in September, 2021.

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On (MoM) basis, it increased by 1.4 per cent in September, 2022 as compared to an increase of 1.8 per cent in previous month, and an increase of 0.5 per cent in corresponding month of last year i.e. September, 2021.

Measured by 20 per cent weighted trimmed mean Urban increased to 19.5 per cent on (YoY) basis in September, 2022 as compared to 21.4 per cent in the previous month and 8.7 per cent in September, 2021.

On (MoM) basis, it increased by 1.6 per cent in September 2022 as compared to an increase of 1.7 per cent in the previous month and an increase of 0.9 per cent in corresponding month of last year i.e. September, 2021.

Measured by 20 per cent weighted trimmed mean Rural increased to 24.4 per cent on (YoY) basis in September, 2022 as compared to 23.8 per cent in the previous month and by 8.2 per cent in September, 2021.

On (MoM) basis, it increased by 2.5 per cent in September, 2022 as compared to an increase of 1.8 per cent in the previous month and an increase of 1.2 per cent in corresponding month of last year i.e. September, 2021.