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Pakistan Inflation Rises to 24.5% in December

admin-augaf by admin-augaf
January 3, 2023
in Business, Finance
Reading Time: 2 mins read
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Fall In Tomatoes And Potatoes Prices Eased Pakistan Household Inflation
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Islamabad January 2 2023: Pakistan CPI inflation General, increased to 24.5% on year-on-year basis in Dec 2022 as compared to an increase of 23.8% in the previous month and 12.3% in Dec 2021. On month-on-month basis, it increased to 0.5% in Dec 2022 as compared to an increase of 0.8% in the previous month and with no change in Dec 2021.

CPI inflation Urban, increased to 21.6% on year-on-year basis in Dec 2022 as compared to an increase of 21.6% in the previous month and 12.7% in Dec 2021. On month-on-month basis, it increased to 0.3% in Dec 2022 as compared to an increase of 0.4% in the previous month and an increase of 0.3% in Dec 2021.

CPI inflation Rural, increased to 28.8% on year-on-year basis in Dec 2022 as compared to an increase of 27.2% in the previous month and 11.6% in Dec 2021. On month-on-month basis, it increased to 0.7% in Dec 2022 as compared to an increase of 1.3% in the previous month and a decrease of 0.5% in Dec 2021.

SPI inflation on YoY increased to 27.8% in Dec 2022 as compared to an increase of 27.1% a month earlier and an increase of 20.9% in Dec 2021. On MoM basis, it increased by 0.2% in Dec 2022 as compared to an increase of 6.1% a month earlier and a decrease of 0.4% in Dec 2021.

WPI inflation on YoY basis increased to 27.1% in Dec 2022 as compared to an increase of 27.7% a month earlier and an increase of 26.2% in Dec 2021. On MoM basis, it decreased by 0.7% in Dec 2022 with no change a month earlier and a decrease of 0.2% in corresponding month i.e. Dec 2021.

Core inflation (NFNE) measured by non-food non-energy Urban increased to 14.7% on (YoY) basis in Dec 2022 as compared to an increase of 14.6% in the previous month and 8.3% in Dec, 2021. On (MoM) basis, it increased by 1.2% in Dec, 2022 as compared to an increase of 0.8% in previous month, and an increase of 1.1% in corresponding month of last year i.e. Dec, 2021.

Similarly, Core Inflation measured by non-food non-energy Rural increased to 19.0% on (YoY) basis in Dec, 2022 as compared to an increase of 18.5% in the previous month and 8.9% in Dec, 2021. On (MoM) basis, it increased by 1.5% in Dec, 2022 as compared to an increase of 2.1% in previous month, and an increase of 1.1% in corresponding month of last year i.e. Dec, 2021.

Tags: Inflation
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