Pakistan’s yearly inflation rises to 13.4% in April

Date:

Pakistan’s yearly inflation rate rose to 13.4 per cent in April 2022 compared to 12.7 per cent in March 2022 and 11.1 per cent in April 2021, according to the data released by Pakistan Bureau of Statistics (PBS) on Sunday.

The July-April average inflation remained 11.04 per cent compared to 8.62 per cent from the corresponding period last year.

April’s reading came slightly above the market expectations that were between 12.3 percent and 13 percent with an average estimate of 12.76 per cent.

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.

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.

SPI inflation on year-on-year 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 a month-on-month 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. 5.

WPI inflation on a year-on-year 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 a month-on-month 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 of April 2021.

Measured by non-food non-energy urban increased by 9.1% on a year-on-year basis in April, 2022 as compared to an increase of 8.9% in the previous month and 7.0% in April, 2021. On a month-on-month basis, it increased by 1.1% in April, 2022 as compared to increase of 1.2% in previous month, and an increase of 0.9% in corresponding month of last year in April, 2021.

Measured by non-food non-energy rural increased by 10.9% on a year-on-year basis in April, 2022 as compared to an increase of 10.3% in the previous month and 7.7% in April, 2021. On a month-on-month basis, it increased by 1.2% in April, 2022 as compared to an increase of 1.1% in previous month, and an increase of 0.7% in corresponding month of last year in April, 2021.

Core inflation: Measured by 20% weighted trimmed mean urban increased by 10.5% on a year-on-year basis in April, 2022 as compared to 10.5% in the previous month and 9.8% in April, 2021. On a month-on-month basis, it increased by 0.9% in April, 2022 as compared to an increase of 0.8% in the previous month and an increase of 0.6% in corresponding month of last year in April, 2021. Measured by 20% weighted trimmed mean rural increased by 12.8% on a year-on-year basis in April, 2022 as compared to 11.7% in the previous month and by 10.6% in April, 2021. On a month-on-month basis, it increased by 0.9% in April, 2022 as compared to an increase of 0.8% in the previous month and an increase of 0.2% in corresponding month of last year in April, 2021.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

5 × five =

Share post:

Subscribe

Popular

More like this
Related

Path to Economic Sovereignty

In the wake of Pakistan’s ‘worst economic crisis’, 25 eminent economic and energy experts and professionals write an open letter to politicians and decision-makers, urging for energy-sector reforms on a war-footing

Reshaping Pakistan

The days immediately after independence may not have been ideal for strengthening the roots of democracy, what befell the country in the subsequent decades has been harrowing

The Real Populists of Pakistan

"In war, truth is the first casualty," wrote Aeschylus,...

Provocation that did not work

It seems that the US political and military thinkers and strategists now firmly believe in enticing and provoking China into a military conflict, before it overtakes America in the fields of economy