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Pakistan Inflation Rate - April 2017

IM Research
By IM Research
7 years ago
Pakistan Inflation Rate - April 2017


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  1. Government of Pakistan Statistics Division Pakistan Bureau of Statistics PRESS RELEASE ON INFLATION RATE FOR THE MONTH OF APRIL , 2017 WITH BASE 2007-08=100 1. SUMMARY OF INFLATION RATES CPI Change 1.40% 4.78% 4.09% Inflation Rate April, 2017 over March, 2017 (Previous month) Inflation Rate, April, 2017 over April, 2016 (Corresponding month) Average Inflation Rate July-April (2016-17) over July-April (2015-16) 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 April, 2017 the CPI increased by 1.40%, WPI increased by 0.89% while SPI decreased by 0.91% 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 % Change in April, 2017 over Indices Apr, 2017 216.30 230.25 226.72 251.31 382.78 235.61 Mar, 2017 213.32 226.16 225.68 229.04 380.92 234.46 Apr, 2016 206.43 221.59 221.60 221.58 344.10 227.87 Mar, 2017 1.40 1.81 0.46 9.72 0.49 0.49 Apr, 2016 4.78 3.90 2.31 13.42 11.24 3.40 196.62 194.44 187.08 1.12 5.10 224.95 212.43 176.33 132.87 196.02 249.20 275.88 244.71 224.59 211.21 175.69 132.69 197.14 233.98 271.02 242.19 220.09 187.29 169.33 130.77 195.68 221.48 261.89 232.97 0.16 0.58 0.36 0.14 -0.57 6.50 1.79 1.04 2.21 13.42 4.13 1.61 0.17 12.52 5.34 5.04 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. March, 2017 are given below:Increased: Peas (53.28%), Carrot (46.82%), Lemon (39.38%), Kinnu (26.33%), Cauliflower (12.01%), Private School Fee EM (10.73%), Apple (10.28%), Banana (7.64%), Chicken (3.34%), Potatoes (2.81%), Tea Lipton Yellow label (1.85%) and House Rent (1.52%). Decreased: Chillies Green (24.62%), Garlic (14.92), Tomatoes (5.58%), Cinamon (4.55%), Onion (2.77%), Wheat (2.64%), Pulse Gram (2.05%), and Pulse Masoor (1.69%).
  2. Year-on-Year : Top few items which varied from previous year i.e. April 2016 are given below:Increased: Tinda (55.20%), Potatoes (55.05%), Dettol (45.72%), Lemon (40.09%), Tomatoes (34.31%), Gram Whole Yellow (32.23%), Apple (22.82%), Gas Cylinder (20.25%), Petrol (15.25%), Diesel (14.53%), Rice Basmati Broken (13.61%), Eggs (13.87%) and Cigarettes (13.05%). Decreased: Pulse Mash (22.67%), Pulse Moong (18.61%), Onion (15.01%), Pulse Masoor (11.29%), Chicken (6.01%), Chillies powder (4.60%), Washing powder (4.53%), Sugar (4.53%), Wheat Flour (1.60%), and Milk Powder loose (1.36%). .Average Inflation Rate The Consumer Price Index of July-April, 2016-2017 has increased by 4.09% over July-April, 2015-2016 as per details given below:Groups General 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 Indices Group Weight 2016-17 2015-16 100.00 34.83 29.84 4.99 1.41 7.57 29.41 211.57 226.02 224.65 234.24 371.86 232.56 192.15 203.26 219.09 218.88 220.41 324.42 223.25 183.26 4.09 3.16 2.64 6.28 14.62 4.17 4.85 223.36 199.65 172.28 131.56 196.35 232.93 268.40 239.01 216.63 181.71 175.24 130.51 193.90 210.74 255.49 227.17 3.11 9.87 -1.69 0.81 1.26 10.53 5.05 5.21 4.21 2.19 7.20 3.22 2.02 3.94 1.23 2.76 %Change Top few commodities which varied from previous year average i.e. July-April, 2015-2016 are given below:Increased: Gram Whole (39.04%), Pulse Gram (29.75%), Potatoes (29.72%), Besan (28.06%), Fresh Vegetables (17.81%), Cigarettes (14.69%), Drugs & Medicines (12.64%), Eggs (11.89%), and Education (10.57%). Decreased: Onion (36.19%), Pulse Moong (9.45%), Motor Vehicle Accessories (5.39%), Motor Fuel (4.21%), Kerosene Oil (4.20%), and Chicken (3.44%). Core inflation of CPI i. Trimmed Core Inflation During the month of April, 2017 over April, 2016 the trimmed core inflation has been observed as 4.8% while it was 3.8% during April, 2016 over April, 2015. ii. Non-Food & Non-Energy Core Inflation During the month of April, 2017 over April, 2016 the Non-food & Non-energy core inflation has been observed as 5.5% while it was 4.4% during April, 2016 over April, 2015.