Consumer Price Index inflation up by 13.4%

Consumer Price Index inflation up by 13.4%

ISLAMABAD (APP): The Consumer Price Index (CPI) increased by 13.4% on year-on-year (YoY) basis in April 2022 as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported.
According to PBS data, the CPI inflation witnessed an increase of 12.7% in the previous month (March) and 11.1% in April 2021.
On month-on-month basis, it increased by 1.6% in April 2022 as compared to increase of 0.8% in the previous month and increase of 1.0% in April 2021.
The CPI inflation Urban, increased by 12.2% on year-on-year basis in April 2022 as compared to an increase of 11.9% in the previous month and 11.0% in April 2021. On month-on-month basis, it increased by 1.6% in April 2022 as compared to increase of 0.7% in the previous month and increase of 1.3% in April 2021.
The CPI inflation Rural, increased by 15.1% on year-on-year basis in April 2022 as compared to an increase of 13.9% in the previous month and 11.3% in April 2021. On month-on-month basis, it increased by 1.6% in April 2022 as compared to increase of 1.0% in the previous month and increase of 0.6% in April 2021.
The Sensitive Price Indicator (SPI) inflation on YoY increased by 14.2% in April 2022 as compared to an increase of 13.0% a month earlier and an increase of 21.3% in April 2021. On MoM basis, it increased by 1.5% in April 2022 as compared to increase of 0.6% a month earlier and increase of 0.4% in April 2021.
The Wholesale Price Index (WPI) inflation on YoY basis increased by 28.1% in April 2022 as compared to an increase of 23.8% a month earlier and an increase of 16.6% in April 2021. WPI inflation on MoM basis increased by 3.2% in April 2022 as compared to increase of 3.9% a month earlier and a decrease of -0.4% in corresponding month i.e. April 2021.
On Month-on-Month basis, the top few food commodities that witnessed increase compared to previous month included tomatoes (51.53%), onions (42.83%), fruits (21.07%), vegetables (14.41%), cooking oil (11.35%), vegetable ghee (8.26%), gram whole (5.67%), wheat flour (3.45%), meat (3.25%), mustard oil (2.31%), potatoes (1.43%), milk (1.27%) and pulse masoor (1.13%).
The food commodities that witnessed decrease included chicken (9.40%), gur (1.23%) and sugar (0.70%).
The non-food commodities that witnessed increase in prices included tailoring (6.37%), motor vehicles (5.42%), hosiery (4.41%), household equipments (3.88%), cotton cloth (2.05%), construction input items (1.84%), readymade garments (1.37%), washing soap/detergents/match box (1.36%) and furniture & furnishing (0.95%).
The non-food commodities that witnessed decrease in prices included electricity charges (7.84%), liquefied hydrocarbons (3.75%) and solid fuel (1.00%).

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