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Pakistan Bureau of Statistics: Summary of Inflation Rates - February 2018

IM Research
By IM Research
6 years ago
Pakistan Bureau of Statistics: Summary of Inflation Rates - February 2018


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  1. Government of Pakistan Ministry of Statistics Pakistan Bureau of Statistics PRESS RELEASE ON INFLATION RATE FOR THE MONTH OF FEBRUARY , 2018 WITH BASE 2007-08=100 1. SUMMARY OF INFLATION RATES Inflation Rate February, 2018 over January, 2018 (Previous month) Inflation Rate, February, 2018 over February, 2017 (Corresponding month) Average Inflation Rate July- Feb (2017-18) over July- Feb (2016-17) C P I Change -0.31% 3.80% 3.84% 2. Detail Description: Pakistan Bureau of Statistics collects the retail and the wholesale prices and computes the Consumer Price Index (CPI), Wholesale Price Index (WPI) on monthly basis and Sensitive Price Indicator (SPI) on weekly basis. In February, 2018 the CPI decreased by 0.31%, WPI decreased by 0.15% while SPI decreased by 1.21% respectively. Consumer Price Index by Group of Commodities and Services (Base 2007-08) Major Commodity Group General Food & Non-Alcoholic Beverages Non-perishable food items Perishable food items Alcoholic Beverages & Tobacco Clothing & Footwear Housing Water, Elec, Gas& Other Fuels Furnishing & Household Equipment Maintenance Health Transport Communication Recreation & Culture Education Restaurant & hotel Miscellaneous goods & services Group Weight (%) 100.00 34.83 29.84 4.99 1.41 7.57 29.41 4.21 2.19 7.20 3.22 2.02 3.94 1.23 2.76 INDICES Feb, 2018 219.58 229.23 230.60 221.02 313.39 245.03 202.62 233.50 220.58 184.47 133.28 198.62 262.35 287.21 255.21 Jan, 2018 220.27 232.23 231.22 238.26 309.16 244.09 202.53 232.97 218.26 182.63 133.20 198.46 262.35 286.89 255.69 Feb, 2017 211.54 221.66 224.69 203.59 379.55 234.34 194.45 224.32 210.17 174.75 131.58 196.88 233.96 269.63 241.06 % Change in February, 2018 over Jan, 2018 Feb, 2017 -0.31 -1.29 -0.27 -7.24 1.37 0.39 0.04 0.23 1.06 1.01 0.06 0.08 0.00 0.11 -0.19 3.80 3.42 2.63 8.56 -17.43 4.56 4.20 4.09 4.95 5.56 1.29 0.88 12.13 6.52 5.87 Main contributors to month-on-month and year-on-year changes are given below: \\ Month-on-month: Top few items which varied from previous month i.e. January, 2018 are given below:Increased: Betel Nuts (72.17%), Diesel (6.60%), Bus Fare (6.54%), Kerosene Oil (3.75%), Petrol (3.66%), Newspapers (3.27%), Tea Lipton (3.15%), Doctor MBBS Fee (1.93%), Synthetic Enamel Robialac (1.75%) and Danedar Tea (1.73%). Decreased: Onion (25.29%), Tomatoes (20.52%), Potatoes (18.76%), Eggs (10.01%), Gas Cylinder (5.98%), Chicken (5.02%), Gur (4.66%), Silver Tezabi (3.48%), Sugar (3.44%) Pulse Mash (3.30%), Pulse Masoor (2.38%), Gram whole (1.54 %), Cement (1.43%) and Gold Tezabi (1.01%). Year-on-Year: Top few items which varied from previous year i.e. February, 2017 are given below:Increased: Betel Nuts (438.58%), Chillies Green (51.83%), Onion (45.59%), Kerosene (24.07%), AC Bus Fare (21.64%), Chicken (20.15%), Diesel (19.09%), Petrol (18.64%), Iron Bar (15.59%), Rice Basmati (15.52%) and TCS Charges (within zone) (11.98%). Decreased: Garlic (43.95%), Cigarettes (29.75%), Pulse Mash (23.47%), Sugar (17.80%), Pulse Gram (17.22%), Pulse Masoor (16.47%), Pulse Moong (13.87%), Gram Whole (12.76%), Besan (12.43%), Eggs (6.99%), Cement (3.95%) and Tomatoes (3.77%).
  2. Average Inflation Rate The Consumer Price Index of July-February , 2017-18 has increased by 3.84% over July-February, 2016-17 as per details given below:Groups Group Weight General 100.00 Food & Non-Alcoholic Beverages Non-perishable food items Perishable food items Alcoholic Beverages & Tobacco Clothing & Footwear Housing, Water, Elec, Gas Fuels Furnishing & Household Equipment Maintenance Health Transport Communication Recreation & Culture Education Restaurant & Hotels Miscellaneous 34.83 29.84 4.99 1.41 7.57 29.41 4.21 2.19 7.20 3.22 2.02 3.94 1.23 2.76 Indices Jul-Feb 2017-18 Jul-Feb 2016-17 218.86 210.76 233.01 225.48 228.14 224.26 262.13 232.76 307.10 369.36 241.18 231.94 200.60 191.31 230.28 223.01 215.65 196.61 178.48 171.35 133.10 131.26 197.26 196.29 257.11 230.77 283.25 267.13 251.49 237.90 %Change 3.84 3.34 1.73 12.62 -16.86 3.98 4.86 3.26 9.68 4.16 1.40 0.49 11.42 6.04 5.71 Top few commodities which varied from previous year average i.e. July-Feb, 2016-17 are given below:Increased: Onion (109.46%), Betel Leaves & Nuts (44.75%), Tomatoes (26.81%), Rice (14.44%), Drugs & Medicines (12.72%), Potatoes (11.46%), Education (11.37%), Motor Fuel (10.03%), Tea (10.02%), Kerosene Oil (9.85%), Tailoring (7.73%), Meat (7.54%), Chicken (7.49%), Fresh Fruits (7.36%), Cleaning & Laundry (7.21%), Construction wage Rates (7.10%) Doctor (MBBS) Clinic Fee (7.08%), Personal Equipments (6.61%) and House Rent (6.48%). Decreased: Pulse Mash (26.07%), Pulse Gram (22.56%), Sugar (18.56%), Pulse Masoor (18.56%), Pulse Moong (18.00%), Cigarettes (17.52%), Besan (15.79%), Gur (7.59%) Gram Whole (4.65%) and Fresh Vegetables (2.21%). Core inflation of CPI i. Trimmed Core Inflation During the month of February, 2018 over January, 2018, the trimmed core inflation has been observed as 4.3% while it was 4.1% during February, 2017. ii. Non-Food & Non-Energy Core Inflation During the month of February, 2018 over January, 2018, the Non-food & Non-energy core inflation has been observed as 5.2% while it was 5.3% during February, 2017.