Business

The Consumer Price Index (CPI) rose 13.4% in April compared to the same month last year

The Consumer Price Index (CPI) rose 13.4% in April compared to the same month last year

ISLAMABAD: According to the Pakistan Bureau of Statistics, inflation based on the Consumer Price Index (CPI) reached 13.4% year on year in April 2022, compared to 12.7 percent the previous month and 11.1 percent in April 2021. (PBS).

Inflation averaged 11.01 percent in the first ten months of fiscal year 2021-22, compared to 8.62 percent the previous year.

Prices of food and non-food goods such as fruits, cooking oil/ghee, milk, meat, wheat flour, basen, vegetables, legumes, building input items, chemicals, cement, and hosiery products increased, according to PBS data.

Advertisement

According to the PBS’s monthly evaluation of price indices, the CPI climbed by 1.6 percent month over month in April 2022, compared to an increase of 0.8 percent in March 2022.

In April 2022, the CPI inflation in the city climbed by 12.2 percent year over year, compared to 11.9 percent the previous month and 11.0 percent in April 2021. It climbed by 1.6 percent month over month in April 2022, compared to 0.7 percent the previous month and 1.3 percent in April 2021.

In April 2022, the CPI inflation rate in rural areas climbed by 15.1 percent year over year, compared to 13.9 percent the previous month and 11.3 percent in April 2021. It climbed by 1.6 percent month over month in April 2022, compared to 1.0 percent the previous month and 0.6 percent in April 2021.

In April 2022, the Sensitive Price Index (SPI) inflation grew by 14.2 percent year over year, compared to 13.0 percent a month earlier and 21.3 percent in April 2021. It climbed by 1.5 percent month over month in April 2022, compared to 0.6 percent the previous month and 0.4 percent in April 2021.

On a year-over-year basis, the Wholesale Price Index (WPI) climbed by 28.1 percent in April 2022, compared to 23.8 percent a month earlier and 16.6 percent in April 2021. In April 2022, WPI inflation climbed by 3.2 percent on a month-over-month basis, compared to a month-over-month increase of 3.9 percent and a reduction of 0.3 percent the previous month.

Non-food non-energy Rural grew by 10.9 percent on a year-over-year basis in April 2022, compared to 10.3 percent the previous month and 7.7 percent in April 2021.

On a month-over-month basis, it climbed by 1.2 percent in April 2022, compared to 1.1 percent the previous month and 0.7 percent the previous year’s equivalent month, April 2021.

Urban rose by 10.5 percent YoY in April 2022, compared to 10.5 percent the previous month and 9.8 percent in April 2021, as measured by a 20 percent weighted trimmed mean. It climbed by 0.9 percent month over month in April 2022, compared to a rise of 0.8 percent the previous month

Rural grew by 12.8 percent YoY in April 2022, compared to 11.7 percent the previous month and 10.6 percent in April 2021, as measured by a 20 percent weighted trimmed mean. On a month-to-month basis,

In April 2022, it climbed by 0.9 percent, compared to a growth of 0.8 percent the previous month and 0.2 percent in the same month the previous year, i.e. April 2021.Tomatoes (51.53 percent), onions (42.83 percent), fruits (21.07 percent), vegetables (14.41 percent), cooking oil (11.35 percent), vegetable ghee (8.26 percent), gramme whole (5.67 percent), wheat flour (3.45 percent), meat (3.25 percent), mustard oil (2.31 percent), potatoes (1.43 percent), milk (1.27 percent), and pulse masoor (1.13 percent) are the top few commodities that differed from the previous month and (0.70 percent).

Tailoring (6.37 percent), motor vehicles (5.42 percent), hosiery (4.41 percent), household equipments (3.88 percent), cotton cloth (2.05 percent), construction input items (1.84 percent), readymade garments (1.37 percent), washing soap/detergents/match box (1.36 percent), and furniture & furnishing (0.95 percent) were among the non-food items that increased, while electricity (7.84 percent), liquefied hydrocarbons (3.75 percent), and solid (1 percent).

Tomatoes (124.68 percent), mustard oil (61.72 percent), onions (61.64 percent), cooking oil (60.07 percent), vegetable ghee (58.71 percent), pulse masoor (40.29 percent), gramme whole (30.85 percent), fruits (30.64 percent), meat (25.64 percent), vegetables (19.15 percent), wheat flour (18.34 percent), and wheat (14.69 percent) are among the top few commodities that have changed from the same month the previous year (9.67 percent ).

Liquefied hydrocarbons (78.96%), motor fuel (39.23%), cleaning & laundering (23.65%), washing soap/detergents/match box (17.22%), motor vehicles (16.16%), motor vehicle accessories (15.95%), household equipments (15.06%), and hosiery (12.51%) were among the non-food items that increased, while electricity charges decreased (1.53 percent).

Tomatoes (62.18 percent), onions (50.38 percent), fruits (26.47 percent), vegetables (6.27 percent), and vegetable ghee are the top few commodities that differed from the previous month and contributed to the Rural CPI and climbed among food items.

(5.60%), gramme whole (5.48%), beans (3.64%), pulse masoor (2.98%), rice (2.72%), cooking oil (2.54%), mustard oil (2.46%), meat (2.41%), besan (2.27%), and pulse mash (1.17%), while chicken (9.26%), eggs (4.51%), wheat (2.44%), pulse moong (1.52%), and sugar (1.52%) decreased (1.48 percent).

Cotton cloth (3.95 percent), hosiery (2.47 percent), household equipments (2.42 percent), construction input items (2.30 percent), furniture & furnishing (1.39 percent), plastic products (1.36 percent), readymade garments (1.20 percent), motor vehicles (1.17 percent), and washing soaps/detergents/match box (1.16 percent) were among the non-food items that increased, while electricity charges (7.84 percent) and Liquefied Hydrocarbons (1.2 percent) decreased (0.34 percent).

Year on year, the top few commodities that differed from the previous year’s comparable month, i.e. April 2021, among food items and increased are

Tomatoes (169.87 percent), onions (77.72 percent), cooking oil (63.94 percent), vegetable ghee (62.22 percent), mustard oil (59.23 percent), pulse masoor (45.3 percent), gramme whole (39.49 percent), fruits (39.2 percent), vegetables (39.2 percent), fruits (39.2 percent), vegetables (39.2 percent), vegetables (39.2 percent), vegetables (39.2 percent), vegetables (39.2 percent), vegetables (

(27.14 percent), beef (26.19 percent), beans (21.49 percent), wheat flour (18.82 percent), besan (16.3 percent), and wheat (14.10), whereas pulse moong (26.93 percent), eggs (19.50 percent), potatoes (18.97 percent), condiments & spices (14.82 percent), and sugar (14.82 percent) dropped (8.09 percent).

Liquefied hydrocarbons (64.64 percent), motor fuels (38.47 percent), washing soaps/fetergents/matchbox (20.15 percent), cleaning & laundering (19.86 percent), construction input items (18.28 percent), motor vehicles accessories (17.28 percent), hosiery (17.04 percent), solid fuel (15.74 percent), woollen readymade garments (15.03 percent), and furniture & furnishing (14.58 percent) are among the non-food items that have increased (1.53 percent).

 

Read more on Latest Business News on Pakistanlounge.pk

Click to add a comment

Leave a Reply

Your email address will not be published.

Business

More in Business

USD to PKR

USD to PKR – Dollar Rate in Pakistan | 26 May 2022

Muhammad UsmanMay 26, 2022
Today Gold Rate

Today Gold Rate in Pakistan | 26 May 2022

Muhammad UsmanMay 26, 2022
Hyundai recall exploding seat belts

Hyundai recall exploding seat belts: 39000 Elantra recalled over expoding seatbelts

Muhammad UsmanMay 25, 2022
Toyota IMC

Toyota IMC will release an affordable Corolla Cross Hybrid built locally

Muhammad UsmanMay 24, 2022
Cherry QQ Wujie Pro

Cherry QQ Wujie Pro has a range of 408 kilometres and costs 11,840 USD in China

Muhammad UsmanMay 22, 2022
Chery QQ Wujie Pro

The Chery QQ Wujie Pro is a low-cost electric vehicle with a range of over 400 kilometres

Muhammad UsmanMay 21, 2022
Car Financing

Car financing has increased by 25% as compared to previous year

Muhammad UsmanMay 20, 2022
Wells Fargo fake job interviews

Wells Fargo fake job interviews: Quest to Increase Diversity Leads to Fake Job Interviews

Muhammad UsmanMay 20, 2022
Mercedes-Benz 300 SLR Uhlenhaut Coupe

Mercedes-Benz 300 SLR Uhlenhaut Coupe: Is World’s Most Expensive Car At $143M

Muhammad UsmanMay 20, 2022