Pakistan’s September inflation moves up by 9%

Pakistan’s September inflation moves up by 9%

ISLAMABAD: The headline inflation based on the Consumer Price Index (CPI) has increased by 9 per cent on year-on-year (YoY) basis in September 2021 as compared to an increase of 8.4 per cent in the previous month and 9.0 per cent in September 2020, according to data released by Pakistan Bureau of Statistics (PBS) on Friday.

On month-on-month (MoM0 basis, it increased by 2.1 per cent in September 2021 as compared to increase of 0.6 per cent in the previous month and an increase of 1.5 per cent in September 2020.

CPI inflation Urban, increased by 9.1 per cent on year-on-year basis in September 2021 as compared to an increase of 8.3 per cent in the previous month and 7.7 per cent in September 2020.

On month-on-month basis, it increased by 2.0 per cent in September 2021 as compared to increase of 0.5 per cent in the previous month and an increase of 1.3 per cent in September 2020.

CPI inflation Rural, increased by 8.8 per cent on year-on-year basis in September 2021 as compared to an increase of 8.4 per cent in the previous month and 11.1 per cent in September 2020. On month-on-month basis, it increased by 2.3 per cent in September 2021 as compared to increase of 0.7 per cent in the previous month and an increase of 2.0 per cent in September 2020.

Sensitive Price Indicator (SPI) inflation on YoY increased by 16.6 per cent in September 2021 as compared to an increase of 15.9 per cent a month earlier and an increase of 12.0 per cent in September 2020. On MoM basis, it increased by 2.7 per cent in September 2021 as compared to increase of 0.7 per cent a month earlier and an increase of 2.1 per cent in September 2020.

Wholesale Price Index (WPI) inflation on YoY basis increased by 19.6 per cent in September 2021 as compared to an increase of 17.1 per cent a month earlier and an increase of 4.3 per cent in September 2020.

WPI inflation on MoM basis increased by 3.2 per cent in September 2021 as compared to an increase of 1.2 per cent a month earlier and an increase of 1.0 per cent in corresponding month i.e. September 2020.

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