Tag: SPI

This tag provide news article related to SPI based inflation in Pakistan. Check updates on SPI inflation every week only on Pkrevenue.

  • Headline inflation increases by 11.4 percent in September

    Headline inflation increases by 11.4 percent in September

    ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 11.4 percent in the month of September 2019, said Pakistan Bureau of Statistics (PBS) on Wednesday.

    It said that CPI inflation general with base year 2015-2016, increased by 11.4 percent on year-on-year basis in September 2019 as compared to an increase of 10.5 percent in the previous month and 5.4 percent in September 2018.

    On month-on-month basis, it increased by 0.8 percent in September 2019 as compared to an increase of 1.6 percent in the previous month and 0.0 percent in September 2018.

    CPI inflation Urban, increased by 11.6 percent on year-on-year basis in September 2019 as compared to an increase of 10.6 percent in the previous month and 5.6 percent in September 2018.

    On month-on-month basis, it increased by 0.7 percent in September 2019 as compared to an increase of 1.5 percent in the previous month and a decrease of 0.1 percent in September 2018.

    CPI inflation Rural, increased by 11.1 percent on year-on-year basis in September 2019 as compared to an increase of 10.3 percent in the previous month and 5.1 percent in September 2018.

    On month-on-month basis, it increased by 0.8 percent in September 2019 as compared to an increase of 1.9 percent in the previous month and 0.0 percent in September 2018.

    Sensitive Price Indicator (SPI) inflation on YoY increased by 14.7 percent in September 2019 as compared to an increase of 12.1 percent a month earlier and an increase of 0.4 percent in September 2018.

    On MoM basis, it increased by 1.9 percent in September 2019 as compared to an increase of 2.7 percent a month earlier and a decrease of 0.4 percent in September 2018.

    Wholesale Price Index (WPI) inflation on YoY basis increased by 15.9 percent in September 2019 as compared to an increase of 14.1 percent a month earlier and an increase of 14.6 percent in September 2018.

    WPI inflation on MoM basis increased by 0.1 percent in September 2019 as compared to an increase of 1.2 percent a month earlier and a decrease of 1.5 percent in corresponding month of last year i.e. September 2018.

  • Headline inflation increases by 8.8 percent in April 2019

    Headline inflation increases by 8.8 percent in April 2019

    ISLAMABAD: The headline inflation has surged by 8.8 percent on year on year (YoY) in April 2019 as compared to an increase of 9.4 percent in previous month and 3.7 percent in April 2018, said Pakistan Bureau of Statistics (PBS) on Thursday.

    The Consumer Price Index (CPI) based inflation on month-on-month basis, it increased by 1.3 percent in April 2019 as compared to an increase of 1.4 percent in the previous month and an increase of 1.8 percent in corresponding month i.e. April 2018.

    Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 7.0 percent on (YoY) basis in April 2019 as compared to an increase of 8.5 percent in the previous month and 7.0 percent in April 2018. On (MoM) basis, it increased by 1.0 percent in April 2019 as compared to an increase of 0.5 percent in previous month, and an increase of 2.5 percent in corresponding month of last year i.e. April 2018.

    Core inflation, measured by 20 percent weighted trimmed mean CPI (Core Trimmed) increased by 7.2 percent on (YoY) basis in April 2019 as compared to 7.9 percent in the previous month and by 5.0 percent in April 2018. On (MoM) basis, it increased by 0.9 percent in April 2019 as compared to an increase of 0.4 percent in the previous month and an increase of 1.6 percent in corresponding month of last year i.e. April 2018.

    The Sensitive Price Indicator (SPI) inflation on YoY basis increased by 9.3 percent in April 2019 as compared to an increase of 8.8 percent a month earlier and a decrease of 0.5 percent in April 2018.

    On MoM basis, it increased by 0.9 percent as compared to an increase of 1.6 percent in the previous month and an increase of 0.4 percent in corresponding month of last year i.e. April 2018.

    Wholesale Price Index (WPI) inflation on YoY basis increased by 13.8 percent in April 2019 as compared to an increase of 12.6 percent a month earlier and an increase of 4.0 percent in April 2018.

    WPI inflation on MoM basis increased by 2.3 percent in April 2019 as compared to an increase of 1.7 percent a month earlier and an increase of 1.3 percent in corresponding month of last year i.e. April 2018.

  • Inflation increases by 17.15pc for higher income group

    Inflation increases by 17.15pc for higher income group

    KARACHI: The prices of essential items has increased by 17.15 percent for higher income group above Rs35,000, according to weekly Sensitive Price Indicator (SPI) issued by Pakistan Bureau of Statistics (PBS).

    The PBS said that the inflation of the income group above Rs35,000 was increased by 17.15 percent by week ended April 25, 2019 as compared with same week a year ago.

    The PBS computes the weekly SPI with base 2007-08=100 covering 17 urban centres and 53 essential items for all income groups/quintiles and combined.

    The PBS calculates SPI for income groups included Rs8,000; between Rs8,001 – Rs12,000; Rs12,001-Rs18,000; Rs18,001-Rs35,000; and above Rs35,000. The average inflation for all income group increased by 12.91 percent by week ended April 25, 2018 as compared with corresponding week last year. However, the average inflation increased by 0.37 percent over the previous week ended Aril 18, 2019.

    During the week under review as compared with previous week, around 20 items registered increase in their prices. Some of these items are included: tomatoes, onions, potatoes, egg hen, bananas, pulse moong, sugar, pulse mash, garlic, pulse gram, tea prepared, mutton etc.

    However, 10 items registered decline in their prices during the week, which included: chicken farm, LPG cylinder 11-kg, wheat, wheat flour, firewood, red chillie, cooking oil, vegetable ghee etc.

    Average prices of 22 items remained unchanged during the week under review.

    According to PBS the SPI was increasing for the last four consecutive weeks. The SPI is major component for headline inflation i.e. Consumer Price Index (CPI). The movement of SPI sets the monthly CPI.

  • Sensitive price inflation grows by 12.02 percent

    Sensitive price inflation grows by 12.02 percent

    KARACHI: The prices of essential items have registered 12.02 percent growth by week ended April 11, 2019 as compared with corresponding week last year, according to data released by Pakistan Bureau of Statistics (PBS) on Monday.

    The Sensitive Price Indicator (SPI) based inflation has shown the increase with the average inflation for all income groups.

    The weekly data revealed that the inflation grew by 16.31 percent for income group above Rs35,000. While the SPI based inflation grew by 12.89 percent for the income group range between Rs18,001 – Rs35,000.

    Meanwhile, the inflation increased by 8.9 percent, 9.07 percent and 8.97 percent for income group up to Rs8,000, Rs8,001-Rs12.000 and Rs12,001 – Rs18,000, respectively.

    The PBS calculates the weekly SPI with base 2007-08=100 covering 17 urban centres and 53 essential items for all income groups/quintiles and combined has been computed.

  • Inflation for essential items rises by 11.9 percent

    Inflation for essential items rises by 11.9 percent

    ISLAMABAD: The prices of essential items have increased by 11.90 percent by week ended March 28, 2018 as compared with the same week last year.

    The Sensitive Price Indicator (SPI) – the barometer to gauge price movement of 53 essential items – showed that inflation had increased for all the income group from Rs8,000 / month to Rs35,000 per month and above.

    The income group falling between Rs18,001 to Rs35,000 faced inflationary pressure by 12.85 percent. Meanwhile the inflation for the income group Rs35,000 and above was recorded at 16.14 percent.

    However, the SPI based inflation fell 0.36 percent when compared with previous week.

    During the week ended March 28, 2019 the average prices of 20 items registered increase as compared with week ended March 21, 2019, which included: potatoes (6.5 percent); Onions (2.52 percent); Bananas (1.82 percent); Pulse Moong (washed) (1.47 percent) etc.

    However, average prices of nine items registered decline during the week under review, which included: tomatoes (32.57 percent); Eggs (6.78 percent); LPG cylinder (2.7 percent) etc.

    While average prices of 24 items were remained unchanged during the week.

  • Prices of essential items rise by 13.74 percent for income group above Rs35,000

    Prices of essential items rise by 13.74 percent for income group above Rs35,000

    Islamabad – The prices of essential items have witnessed a significant increase of 13.74 percent for the income group above Rs35,000 for the week ending February 07, 2019, compared to the corresponding week a year ago, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.

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