CPI based inflation up by 3.3% in January
ISLAMABAD: The Consumer Price Index (CPI) based inflation rate during last month (January) witnessed an increase of 3.3 percent as compared to same month of last year. On month-on-month basis the CPI inflation however decreased by 0.2 percent in January as compared to the previous month, according to data released by Pakistan Bureau of Statistics (PBS). Meanwhile, the Sensitive Price Index (SPI) inflation on year on year basis increased by 3.1 percent in January, 2016 as compared to increase of 2.9 percent a month earlier while on month-on-month basis, the SPI decreased by 0.7 percent in the month under review as compared to an decrease of 0.7 percent month earlier. Similarly the Wholesale Price Index (WPI) inflation on Year-on-Year basis increased by 0.1 percent in January, 2016 as compared to decrease of 0.4 percent a month earlier and a decrease of 2.4 percent in January, 2015.