CPI based in­fla­tion up by 3.3% in Jan­uary

The Pak Banker - - NATIONAL -

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.

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