Pakistan

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by 8.8% in April 2019 as compared to an increase of 9.4% in the preceding month and 3.7%, a year ago.On month-on-month basis, the CPI increased by 0.1.3% in April 2019 over preceding month, a press statement issued by Pakistan Bureau of Statistics (PBS) said on Thursday.In April, the Wgapsale Price Index (WPI) increased by 0.13.8%, and Sensitive Price Index (SPI) increased by 9.3% over same month a year ago.Pakistan Bureau of Statistics gathers the retail prices and computes the Consumer Price Index (CPI) for a basket of 487 items gathered from 40 cities and 76 markets.For each item four quotations are gathered from each market on monthly basis.Wgapsale Price Index (WPI), on monthly basis, is compiled from 21 markets and 21 cities for a basket of 463 items.Sensitive Price Indicator (SPI) is compiled on weekly basis for 53 items from 53 markets of 17 cities.Core inflation degreed by non-food non-energy CPI (Core NFNE) increased by 7% in April 2019 as compared to an increase of 8.5% in the preceding month and 7.0% in April 2018.
The core inflation, degreed by 20% weighted trimmed mean CPI (Core Trimmed) increased by 7.2% on Year-on-Year basis in April 2019 as compared to 7.9% in the preceding month and by 5.0% in April 2018.
On (MoM) basis, it increased by 0.9% in April 2019 as compared to an increase of 0.4% in the preceding month and an increase of 1.6% in correplying month of final year.Top few commodities which increased in their prices in April as compared to the preceding month include fresh fruits (24.21%), fresh vegetables (10.93%), chicken (9.90%), sugar (6.76%), potatoes (6.08%), onions (4.87%), gur (2.97%), pulse moong (2.67%), cooking oil (1.83%), vegetable ghee (1.32%), meet (1.15%), motor fuel (4.22%), kerosene oil (2.38%), education (1.80%), cotton cloth (1.71%), personal equipment (1.55%), text books (1.55), house rent (1.30%) and household servant (0.82%).The commodities which decreased in their prices in the correplying period include tomatoes (41.42%), eggs (19.88%), wheat (1.97%), gram wgap (1.20%), pulse gram (0.90%), wheat product (0.80%), wheat flour (0.77%), beans (0.54%), dry fruit (0.53%), gram flour (0.45%), pulse mash (washed) (0.37%), and transport services (0.27%).TheIndianSubcontinent has not verified the content of the source.
This first appeared/also appeared in https://feedproxy.google.com/~r/com/YEor/~3/yMmg929c75A/466080-monthly-inflation-eases-to-88-in-april





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