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Pakistan: Press Release on Inflation Rate for the Month of April, 2018 with Base 2007-08=100

IM Insights
By IM Insights
5 years ago
Pakistan: Press Release on Inflation Rate for the Month of April, 2018 with Base 2007-08=100


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  1. Government of Pakistan Ministry of Statistics Pakistan Bureau of Statistics PRESS RELEASE ON INFLATION RATE FOR THE MONTH OF APRIL , 2018 WITH BASE 2007-08=100 1. SUMMARY OF INFLATION RATES Inflation Rate April, 2018 over March, 2018 (Previous month) Inflation Rate, April, 2018 over April, 2017 (Corresponding month) Average Inflation Rate July- Apr (2017-18) over July- Apr (2016-17) C P I Change 1.82% 3.68% 3.77% 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, 2018 the CPI increased by 1.82%, WPI increased by 1.27% while SPI decreased by 0.45% 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 Apr, 2018 224.25 231.90 232.93 225.72 317.70 252.06 207.35 239.29 223.08 187.48 133.67 207.96 281.57 291.05 263.59 Mar, 2018 220.25 228.39 231.03 212.62 316.60 245.80 202.71 234.67 221.26 186.98 133.37 200.38 275.17 287.84 256.35 Apr, 2017 216.30 230.25 226.72 251.31 382.78 235.61 196.62 224.95 212.43 176.33 132.87 196.02 249.20 275.88 244.71 % Change in April, 2018 over Mar, 2018 Apr, 2017 1.82 1.54 0.82 6.16 0.35 2.55 2.29 1.97 0.82 0.27 0.22 3.78 2.33 1.12 2.82 3.68 0.72 2.74 -10.18 -17.00 6.98 5.46 6.37 5.01 6.32 0.60 6.09 12.99 5.50 7.72 Main contributors to month-on-month and year-on-year changes are given below: \\ Month-on-month: Top few commodities which varied from previous month i.e. March, 2018 are given below:Increased: Fresh Vegetables (15.29%), Tomatoes (8.47%), Cosmetics (6.53%), Fresh Fruits (5.76%), Footwear (5.60%), Text Books (5.53%), Stationary (5.10%), Chicken (4.34%), Sweat Meat (4.01%), Sugar (3.29%), Medical Tests (3.19%), Furniture (3.09%), House Rent (3.06%), Education (2.33%), Construction Wage Rates (2.25%) Tailoring (2.08%), Meat (1.78%), Spices (1.68%), Condiments (1.66%), Dry Fruits (1.54%), Fish (1.46%) and Tea (1.36%). Decreased: Onion (10.66%), Potatoes (7.19%), Eggs (5.06%), Wheat (2.79%), Besan (1.38%), Pulse Mash (1.37%), Gram Whole (1.33%), Pulse Masoor (1.13%), Wheat Flour (0.69%), Wheat Product (0.50%), Motor Fuel (1.47%) and Firewood Whole (0.30%). Year-on- Year: Top few commodities which varied from previous year i.e. April, 2017 are given below:Increased: Kerosene Oil (30.66%), Education (12.99%), Newspapers (12.12%), Rice (11.18%), Motor Fuel (10.56%), Meat (9.84%), Medical Tests (9.15%), Cosmetics (9.02%), Stationary (8.32%), Furniture (8.30%), Motor Vehicles (8.19%), Sweat Meat (7.86%), Construction Input Items (7.41%), House Rent (7.04%), Dry Fruits (6.51%), Condiments (5.77%), Readymade Food (5.50%), Tea (4.80%), Fish (4.57%), Beverages (4.54%), Eggs (4.50%), Chicken (4.14%), Spices (2.93%) and Vegetable Ghee (1.04). Decreased: Tomatoes (47.53%), Pulse Mash (23.25%), Potatoes (23.14%), Cigarettes (20.15%), Fresh Vegetables (14.30%), Pulse Masoor (13.07), Sugar (12.01%), Besan (11.09%), Pulse Moong (10.76%) and Pulse Gram (10.02%).
  2. Average Inflation Rate The Consumer Price Index of July-April , 2017-18 has increased by 3.77 over July-April, 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-Apr 2017-18 Jul-Apr 2016-17 219.54 232.44 228.91 253.54 309.11 242.73 201.48 231.62 216.95 180.23 133.18 198.64 261.37 284.49 253.18 %Change 211.57 226.02 224.65 234.24 371.86 232.56 192.15 223.36 199.65 172.28 131.56 196.35 232.93 268.40 239.01 3.77 2.84 1.90 8.24 -16.87 4.37 4.86 3.70 8.66 4.61 1.23 1.17 12.21 6.00 5.93 Top few commodities which varied from previous year average i.e. July-Apr, 2016-17 are given below:Increased: Betel Leaves & Nuts (92.24%), Onion (79.26%), Kerosene Oil (14.05%), Rice (13.98%), Education (12.17%), Motor Fuel (10.42%), Drugs & Medicines (10.40%), Tomatoes (8.86%), Tea (8.86%), Tailoring (7.98%), Meat (7.86%), Construction wage Rates (7.65%), Cleaning & Laundry (7.56%), Personal Equipment (7.23%), Doctor (MBBS) Clinic Fee (7.22%), Chicken (6.59%), Medical Tests (6.46%), House Rent (6.43%) and Readymade Food (6.00%). Decreased: Pulse Mash (25.49%), Pulse Gram (20.57%), Cigarettes (18.04%), Sugar (17.60%), Pulse Masoor (17.60%), Pulse Moong (16.75%), Besan (14.80%), Gur (7.64%), Fresh Vegetables (4.13%), Gram Whole (4.09%), Wheat Product (1.26%), Wheat (1.16%) and Wheat Flour (1.13%). Core inflation of CPI i. Trimmed Core Inflation During the month of April, 2018 over March, 2018, the trimmed core inflation has been observed as 5.0% while it was 4.8% during April, 2017. ii. Non-Food & Non-Energy Core Inflation During the month of April, 2018 over March, 2018, the Non-food & Non-energy core inflation has been observed as 7.0% while it was 5.5% during April, 2017.