Friday July 10, 2009
ISLAMABAD: The CPI inflation for June-July 2008-09 surged by 20.77 percent as compared to the same period of last year, reveals official figures of Federal Bureau of Statistics, released here on Thursday. Official monthly figures on inflation, however, showed substantial decline of 13.13 percent in the CPI in June 2008-09 over 21.35 percent for the same month last year.
The SPI and WPI also decreased to 10.80 percent and 4.15 percent respectively in June over 30.02 percent and 30.62 percent for the same month of last year. With this decline, according to the FBS, food inflation has come down to 10.50 percent in June. The inflation target is set in single digit for the next fiscal year.
Further analysis of the data showed that increase in WPI and SPI was 18.10 percent and 23.41 percent respectively during July-June 2008-09 as compared to 16.41 percent and 16.81 percent for the same period last year. The Consumer Price Index in June 2009 increased by 0.99 percent over previous month and 13.13 percent over June last year.
With this increase in CPI, the inflation in food items was noted 10.50 percent, non-perishable food items 8.99 percent, perishable food items 22.96 percent, apparel, textile and footwear, 10.93 percent, and 18.60 per cent in house rent in June 2009.
The CPI for the period under review on fuel and lighting was noted 23.78 percent, household, furniture and equipment, etc, 10.75 percent, transport and communication 5.01 percent, recreation and entertainment 4.53 percent, education 19.18 percent, cleansing, laundry and personal appearance 14.26 percent and medicare 6.26 percent.
The main commodities which showed an increase in their prices during June, 2009 over May are tomatoes (71.40 percent), potatoes (38.16 percent), gur (8,32 percent), pulse mash (3.38 percent), milk fresh (3.22 percent), pulse moong (3.14 percent), milk products (3.09 percent), cooking oil (2.81 percent), vegetable ghee (268 percent), vegetable (2.32 percent), sugar (0.96 8 percent), etc. Wholesale price index surged by 2.40 percent in June 2009 over May and food items 0.54 percent.
(BRecorder)
The SPI and WPI also decreased to 10.80 percent and 4.15 percent respectively in June over 30.02 percent and 30.62 percent for the same month of last year. With this decline, according to the FBS, food inflation has come down to 10.50 percent in June. The inflation target is set in single digit for the next fiscal year.
Further analysis of the data showed that increase in WPI and SPI was 18.10 percent and 23.41 percent respectively during July-June 2008-09 as compared to 16.41 percent and 16.81 percent for the same period last year. The Consumer Price Index in June 2009 increased by 0.99 percent over previous month and 13.13 percent over June last year.
With this increase in CPI, the inflation in food items was noted 10.50 percent, non-perishable food items 8.99 percent, perishable food items 22.96 percent, apparel, textile and footwear, 10.93 percent, and 18.60 per cent in house rent in June 2009.
The CPI for the period under review on fuel and lighting was noted 23.78 percent, household, furniture and equipment, etc, 10.75 percent, transport and communication 5.01 percent, recreation and entertainment 4.53 percent, education 19.18 percent, cleansing, laundry and personal appearance 14.26 percent and medicare 6.26 percent.
The main commodities which showed an increase in their prices during June, 2009 over May are tomatoes (71.40 percent), potatoes (38.16 percent), gur (8,32 percent), pulse mash (3.38 percent), milk fresh (3.22 percent), pulse moong (3.14 percent), milk products (3.09 percent), cooking oil (2.81 percent), vegetable ghee (268 percent), vegetable (2.32 percent), sugar (0.96 8 percent), etc. Wholesale price index surged by 2.40 percent in June 2009 over May and food items 0.54 percent.
(BRecorder)
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