The Pakistan Bureau of Statistics (PBS) calculated that the Consumer Price Index (CPI) general rose by 7.2 percent on year-over-year (YoY) basis during January 2019 as against to a rise of 6.2 percent in the last month and 4.4 percent during January 2018. On month-on-month (MoM) basis, it grew by 1.0 percent during January 2019 as against to a decline of 0.4 percent in the last month and no change in January 2018. The report also showed that the core inflation measured by non-food non-energy CPI (Core NFNE) grew by 8.7 percent on YoY basis in January 2019 as against to a rise of 8.4 percent in the last month and 5.2 percent during January 2018. On MoM basis, it grew by 1.1 percent during January 2019 as against to a rise of 0.3 percent in last month, and a rise of 0.8 percent in same month of last year. The officials also calculated that the core inflation, measured by 20 percent weighted trimmed mean CPI (Core Trimmed) grew by 7.7 percent on YoY basis during January 2019 as against to 6.9 percent in the last month and by 4.6 percent in January 2018. On MoM basis, it grew by 1.0 percent in January 2019 as against to a rise of 0.3 percent in the last month and a rise of 0.6 percent in same month of last year.
Moreover, it is also recorded that the Sensitive Price Index (SPI) on YoY basis grew by 3.7 percent during January 2019 as against to a rise of 2.0 percent a month earlier and a rise of 2.0 percent during January 2018. On MoM basis, it grew by 0.6 percent as against to no change in the last month and a decline of 1.0 percent in January 2018.
The officials of PBS also showed that the Wholesale Price Index (WPI) on YoY basis grew by 9.9 percent in January 2019 as against to a rise of 12.1 percent a month earlier and a rise of 4.7 percent in January 2018. WPI inflation on MoM basis declined by 0.2 percent in January 2019 as against to a decline of 0.9 percent a month earlier and a rise of 1.8 percent in January 2018.
The Consumer Price Index of January 2019 is increased by 1.00 percent over December 2018 and grew by 7.19 percent over the same period last year. It is also recorded that on MoM basis, the top few food commodities which increased from previous month (December) 2018 are tomatoes (27.56), sugar (6.15), fresh fruits (3.50), pulse moong (2.73), gur (2.26), pulse gram (2.22), besan (2.11), dry fruits (1.94), fish (1.72), fresh vegetables (1.62), pulse mash (1.34), cooking oil (1.27) meat (1.20), milk powder (1.02) and tea (0.80). Furthermore, the food commodities which decreased during the same period such as chicken (18.06), potatoes (15.01), onions (5.50) and eggs (1.27). The official statistics of PBS also showed that on the basis of YoY, the top few food commodities which increased from previous year i.e. January, 2018 are: spices (15.31), cigarettes (14.05), meat (13.6), tea (12.60), sugar (10.02), pulse moong (8.32), milk powder (7.74), beans (6.98), cooking oil (6.81), pulse gram (6.15), fish (5.93) and rice (5.85). And few commodities which are decreased during the same period such as onions (51.42), potatoes (27.44), chicken (18.85), fresh vegetables (13.84), tomatoes (11.19), gram whole (8.44) and pulse mash (3.57) and fresh fruits (3.03).
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The WPI for January, 2019 declined by 0.21 percent over December, 2018. It grew by 9.88 percent over the same month of the last year. On the basis of MoM, the top few food commodities which increased from previous month i.e. December, 2018 are: vegetables (9.23), other cereal flour (7.24), spices (6.01), sugar (5.44), jowar (4.76), fresh fruits (4.42), sugar crops (4.03), stimulant & spice crops (3.22), maize (2.55), quilts (2.06), rice (1.99), pulses (1.54), dried fruits & nuts (1.51), dairy products (1.17), vegetable ghee (1.16), meat of animals (1.12). Furthermore, few food commodities which are decreased such as potatoes (31.16), poultry (21.59), bajra (3.18) and eggs (1.84). It is also recorded that on the basis of YoY, the top few commodities which decreased from previous year i.e. January, 2018 are: potatoes (37.90), vegetables (27.81), poultry (21.78), hides & fur skins (11.23), pulses (4.10) and fish (3.47).
| Inflation in Pakistan (Base 2007-08) | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Months | CPI | Core Inflation | SPI | WPI | ||||||||||
| General | Food | Non-food | NFNE | Trimmed | ||||||||||
| YoY | MoM | YoY | MoM | YoY | MoM | YoY | MoM | YoY | MoM | YoY | MoM | YoY | MoM | |
| 17-Dec | 4.6 | -0.1 | 3.8 | -0.6 | 5.1 | 0.2 | 5.5 | 0.2 | 4.7 | 0.2 | 2.2 | -0.7 | 3.4 | 0.4 |
| 18-Jan | 4.4 | 0 | 3.7 | -1 | 4.9 | 0.8 | 5.2 | 0.8 | 4.6 | 0.6 | 2 | -1 | 4.7 | 1.8 |
| 18-Feb | 3.8 | -0.3 | 2.2 | -1.1 | 4.9 | 0.2 | 5.2 | 0.2 | 4.3 | 0.1 | 0.5 | -1.2 | 4.1 | -0.1 |
| 18-Mar | 3.2 | 0.3 | 0.1 | -0.3 | 5.4 | 0.7 | 5.8 | 0.7 | 4.1 | 0.2 | -1.8 | -0.6 | 3.6 | 0.2 |
| 18-Apr | 3.7 | 1.8 | -0.2 | 1.5 | 6.4 | 2.1 | 7 | 2.5 | 5 .0 | 1.6 | -0.5 | 0.4 | 4 | 1.3 |
| 18-May | 4.2 | 0.5 | 1 | 1 | 6.4 | 0.2 | 7 | 0.2 | 5.1 | 0.3 | 0.5 | 0.1 | 5.6 | 1.3 |
| 18-Jun | 5.2 | 0.6 | 3 | 0.8 | 6.7 | 0.4 | 7.1 | 0.3 | 5.4 | 0.2 | 1.9 | 1.8 | 7.6 | 1.5 |
| 18-Jul | 5.8 | 0.9 | 3.5 | 0.6 | 7.4 | 1.2 | 7.6 | 1.2 | 5.9 | 0.9 | 3.6 | 1.2 | 10.5 | 2.4 |
| 18-Aug | 5.8 | 0.2 | 3.3 | 0.2 | 7.6 | 0.2 | 7.7 | 0.2 | 5.9 | 0.2 | 3.3 | 0.2 | 11 | 0.8 |
| 18-Sep | 5.1 | -0.1 | 1.4 | -0.7 | 7.7 | 0.3 | 8 | 0.4 | 5.8 | 0.1 | 1 | -0.1 | 9.2 | -1.5 |
| 18-Oct | 6.8 | 2.3 | 2.7 | 1.9 | 9.6 | 2.6 | 8.2 | 1.1 | 6.7 | 0.8 | 1.3 | 1.1 | 13.1 | 4.2 |
| 18-Nov | 6.5 | 0.1 | 1.8 | -0.5 | 9.8 | 0.5 | 8.3 | 0.4 | 6.7 | 0.3 | 1.3 | 0.3 | 13.5 | 0.7 |
| 18-Dec | 6.2 | -0.4 | 0.9 | -1.4 | 9.8 | 0.2 | 8.4 | 0.3 | 6.9 | 0.3 | 2 | 0 | 12.1 | -0.9 |
| 19-Jan | 7.2 | 1 | 2.4 | 0.3 | 10.5 | 1.4 | 8.7 | 1.1 | 7.7 | 1 | 3.7 | 0.6 | 9.9 | -0.2 |