Financial Updates

The blog "FINANCIAL UPDATES" consists on exclusive economic and commerce news about across the world particularly Pakistan economy

Monday, July 12, 2010

CPI recorded at 11.73pc in last fiscal year

ISLAMABAD--July 12--The Consumer Price Index (CPI) risen by 11.73 percent during the last fiscal year 2009-10 as compared to the corresponding of period of last year, Federal Bureau of Statistics (FBS) reported.

The Sensitive Price Indicator (SPI) and Whole Sale Price Index (WPI) also increased by 13.32 percent and 12.63 percent during July-June (2009-10) as compared to the last year.

An analysis of data for three years for the same period indicates that CPI, SPI and WPI in 2009-10 were lower as compared to last two years.

The inflation rates based on CPI, SPI and WPI in June, 2010 increased by 12.69 percent 14.94 percent and 17.62 percent over June 2009 respectively, the FBS figures revealed.

An analysis of data for three years for the same period indicates that SPI and WPI in June, 2010 were higher as compared to June, 2009 but lower as compared to June, 2008, while CPI was lower as compared to last two years.

The inflation rates based on CPI and SPI in June, 2010 increased by 0.65 percent & 0.95 percent while WPI decreased by 0.63 percent over May, 2010 respectively.

During June, 2009 CPI, SPI and WPI increased by 0.99 percent, 1.17 percent and 2.40 percent over May, 2009 and CPI, SPI and WPI in June, 2008 increased by 2.10 percent, 1.56 percent & 2.98 percent over May, 2008 respectively.

The Consumer Price Index of June, 2010 has increased by 0.65 percent over May, 2010, and 12.69 percent over corresponding month of last year.

The main commodities, which showed an increase in their prices during June, 2010 over May included, potatoes (15.92 percent), pulse moong (15.80 percent), tomatoes (8.71 percent), eggs (8.06 percent), vegetables (5.8 percent), sugar(3.81 percent), cigarettes (2.89 percent), spices (2.61 percent), gur (2.51 percent), besan (2.17%), meat (2.14%), milk fresh (1.80%), honey (1.79%), milk products (1.71%), pulse mash (1.62%), dry fruit (1.45%), milk powder (1.33%), sweetmeat & nimco (1.18%) and jam,tomato, pickles & vinegar (1.01%), cotton cloth (1.48%) and tailoring charges (0.95%), bulb & tube (3.85%) and natural gas (1.48%), refrigerator and airconditioner (1.29%) and elect iron, fans & washing machine (1.10%) transport fare/charges (3.54%), stationery (1.29%), watches (4.26%), Jewellery (3.62%), shaving articles (1.87%), hair cut & beauty parlour charges (1.68%), cosmetics (1.35%) and doctor's fee (1.71%).

The main commodities, which showed a decrease in their prices during June, 2010 over May included onions (20.54%), fresh fruits (8.40%), chicken farm (4.93%), gram whole (2.52%), pulse masoor (1.22%) and wheat flour (0.95%), diesel (5.46%) and petrol (1.60%).

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