ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 9.7 percent on year-on-year basis in June 2021 as compared to an increase of 10.9 percent in the previous month and 8.6 percent in June 2020, says the Pakistan Bureau of Statistics (PBS).
According to the monthly review of price indices by the PBS, the average inflation for the entire fiscal year stood at 8.9 percent.
On month-on-month basis, it decreased by 0.2 percent in June 2021 as compared to an increase of 0.1 percent in the previous month and an increase of 0.8 percent in June 2020.
According to the monthly review of price indices by the PBS, on month-on-month basis, it decreased by 0.2 percent in June 2021 as compared to an increase of 0.1 percent in the previous month, and an increase of 0.8 percent in June 2020.
The National CPI for June 2021 is decreased by 0.24 percent over May 2021 and increased by 9.70 percent over corresponding month of the last year i.e. June 2020.
The CPI inflation urban, increased by 9.7 percent on year-on-year basis in June 2021 as compared to an increase of 10.8 percent in the previous month and 7.6 percent in June 2020.
On month-on-month basis, it decreased by 0.4 percent in June 2021 as compared to an increase of 0.2 percent in the previous month, and an increase of 0.7 percent in June 2020.
The CPI inflation rural, increased by 9.7 percent on year-on-year basis in June 2021 as compared to an increase of 10.9 percent in the previous month and 10.0 percent in June 2020.
On month-on-month basis, it decreased by 0.1 percent in June 2021 as compared to a decrease of 0.03 percent in the previous month, and an increase of 1.0 percent in June 2020.
The Sensitive Price Index (SPI) inflation on YoY increased by 17.6 percent in June 2021 as compared to an increase of 19.7 percent a month earlier and an increase of 11.5 percent in June 2020.
On MoM basis, it decreased by 0.4 percent in June 2021 as compared to an increase of 0.8 percent a month earlier, and an increase of 1.4 percent in June 2020.
The Wholesale Price Index (WPI) inflation on YoY basis increased by 20.9 percent in June 2021 as compared to an increase of 19.4 percent a month earlier, and an increase of 0.9 percent in June 2020.
The WPI inflation on MoM basis increased by 0.9 percent in June 2021 as compared to an increase of 0.3 percent a month earlier, and a decrease of 0.3 percent in corresponding month i.e. June 2020.
Measured by non-food non-energy Urban increased by 6.7 percent on (YoY) basis in June 2021 as compared to an increase of 6.8 percent in the previous month, and 6.5 percent in June, 2020.
On MoM basis, it increased by 0.3 percent in June 2021 as compared to an increase of 0.2 percent in previous month, and an increase of 0.4 percent in corresponding month of last year i.e. June 2020.
Measured by non-food non-energy rural increased by 7.3 percent on (YoY) basis in June 2021 as compared to an increase of 7.6 percent in the previous month, and 8.8 percent in June 2020.
On MoM basis, it increased by 0.4 percent in June 2021 as compared to an increase of 0.3 percent in previous month, and an increase of 0.7 percent in corresponding month of last year i.e. June 2020.
Measured by 20 percent weighted trimmed mean, urban increased by 9.4 percent on (YoY) basis in June 2021 as compared to 10 percent in the previous month, and 7.4 percent in June 2020.
On MoM basis, it increased by 0.4 percent in June 2021 as compared to an increase of 0.2 percent in the previous month, and an increase of 0.4 percent in the corresponding month of last year i.e. June, 2020.
Measured by 20 percent-weighted trimmed mean, rural increased by 9.8 percent on (YoY) basis in June 2021 as compared to 10.3 percent in the previous month and by 9.9 percent in June 2020.
On MoM basis, it increased by 0.6 percent in June, 2021 as compared to an increase of 0.4 percent in the previous month, and an increase of 0.9 percent in corresponding month of last year i.e. June 2020.
According to the PBS data, top few commodities, which varied from previous month and contributed to Urban CPI among food, which registered increase are tomatoes (28.94 percent), onions (14.97 percent), eggs (4.37 percent), vegetables (3.11 percent), meat (2.85 percent), gur (1.85 percent), wheat (1.52 percent), vegetable ghee (1.36 percent), masoor (1.26 percent), and mustard oil (1.21 percent), and decreased among chicken (36.86 percent), fruits (20.07 percent), moong (6.10 percent), fish (1.91 percent), gram (1.82 percent), and maash (1.24 percent).
Among non-food items, which registered increase are Liquefied Hydrocarbons (26.26 percent), motor fuel (3.84 percent), personal effects (2.47 percent), and construction items (0.73 percent), and decreased in transport services (0.58percent).
On YoY, top few commodities, which varied from previous year and contributed to the UCPI among food items, which registered increased are eggs (32.88 percent), mustard oil (32.34 percent), vegetable ghee (23.75 percent), condiments and spices (23.27 percent), cooking oil (21.93 percent), sugar (21.54 percent), tomatoes (19.67 percent), wheat (18.99 percent), meat (16.66 percent), and milk (14.19 percent), and decreased among moong (20.17 percent), potatoes (16.42 percent), fruits (12.75 percent), onions (5.07 percent), and masoor (2.43 percent).
Among non-food which increased are motor fuel (40.48 percent), liquefied hydrocarbons (30.92 percent), electricity charges (21.13 percent), footwear (16.29 percent), cleaning and laundering (13.36 percent), clinic fee (13.15 percent), hosiery (12.6 percent), and woolen garments (12.08 percent).
Top few commodities which varied from previous month and contributed to Rural CPI and which increased among food items are tomatoes (26.76 percent), vegetables (9.09 percent), eggs (4.27 percent), mustard oil (3.11 percent), wheat (3.11 percent), gur (2.49 percent), milk (2.20 percent) and cooking oil (1.23 percent), and decreased among chicken (32.50 percent), fruits (12.58 percent), moong (7.92 percent), maash (2.12 percent), potatoes (1.16 percent), and sugar (0.93 percent).
Among the non-food prices of which increased are liquefied hydrocarbons (13.53 percent), personal effects (2.66 percent), furniture and furnishing (2.22 percent), motor vehicles accessories (1.47 percent), hosiery (1.32 percent), and motor fuels (0.93 percent), and decreased in transport services (0.58 percent).
On YoY basis, the top few commodities which varied from previous year, which increased and contributed to Rural CPI among eggs (37.97 percent), mustard oil (31.75 percent), cooking oil (30.81 percent), vegetable ghee (26.84 percent), tomatoes (23.86 percent), sugar (20.69 percent), wheat (20.09 percent), meat (16.2 percent), butter (12.64 percent), and rice (9.98 percent), and decreased among moong (25.23 percent), potatoes (19.38 percent), onions (12.73 percent), fruits (11.77 percent), masoor (2.59 percent), and condiments and spices (1.92 percent).
Among non-food items prices of which increased are motor fuels (38.71 percent), water supply (36.99 percent), liquefied hydrocarbons (27.27 percent), electricity charges (21.13 percent), hosiery (16.68percent), clinic fee (16.25 percent), plastic products (13.32 percent) and woolen cloth (13.2 percent) and decreased in transport services (2.81 percent).
Top few commodities which varied from previous month and contributed to the WPI inflation and increased included vegetables (23.00 percent), stimulant and spice crops (16.86 percent), bajra (16.27 percent), fibre crops (8.26 percent), steel bar and sheets (5.88 percent), lighting equipment (5.76 percent), furnace oil (3.97 percent), meat (3.61 percent), vegetable ghee (2.36 percent), fertilizers (2.04 percent) and eggs (1.90 percent), and decreased in poultry (38.97 percent), fruits (23.53 percent), maize (7.03 percent), potatoes (3.71 percent), jowar (3.48 percent), and pulses (2.57 percent).
YoY top few commodities, which varied from previous year i.e. June 2020 and increased among kerosene oil (127.65 percent), bajra (98.63 percent), furnace oil (86.62 percent), diesel (72.14 percent), fibre crops (61.82 percent), spices (48.14 percent), motor spirit (46.05 percent), timber (39.26 percent), cotton fabrics (37.39 percent), eggs (32.83 percent), vegetable ghee (31.34 percent), pesticides (28.49 percent), cotton yarn (23.46 percent), sugar (22.15 percent), towels (20.47 percent), and fertilizers (19.52 percent), and decreased among potatoes (22.47 percent), poultry (4.92 percent), and glass sheets (1.11 percent).
Copyright Business Recorder, 2021
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