CPI Inflation Recorded At 11.5 Percent In November
Faizan Hashmi Published December 02, 2021 | 02:50 AM
ISLAMABAD, Dec 1 (UrduPoint / Pakistan Point News - 2nd Dec, 2021 ) :The Consumer price Index (CPI) based monthly inflation increased by 11.5 percent on year-on-year (yoY) basis during the month of November 2021 compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported Wednesday.
On month-on-month (MoM) basis, it increased by 3.0 percent when compared to previous month (October), according to PBS data.
According to breakup figures of PBS, the Urban CPI inflation increased by 12.0% on year-on-year basis in November 2021 as compared to an increase of 9.6% in the previous month and 7.0% in November 2020. On month-on-month basis, it increased by 2.9% in November 2021 as compared to increase of 1.7% in the previous month and an increase of 0.6% in November 2020.
On the other hand, the CPI inflation Rural, increased by 10.9% on year-on-year basis in November 2021 as compared to an increase of 8.7% in the previous month and 10.5% in November 2020. On month-on-month basis, it increased by 3.1% in November 2021 as compared to increase of 2.2% in the previous month and an increase of 1.1% in November 2020.
Meanwhile, the Sensitive Price Indicator (SPI) based inflation on YoY basis increased by 18.1% in November 2021 as compared to an increase of 15.2% a month earlier and an increase of 9.9% in November 2020. On MoM basis, it increased by 3.6% in November 2021 as compared to increase of 2.1% a month earlier and an increase of 1.1% in November 2020.
The Wholesale Price Index (WPI) based inflation on YoY basis increased by 27.0% in November 2021 as compared to an increase of 21.2% a month earlier and an increase of 5.0% in November 2020. WPI inflation on MoM basis increased by 3.
8% in November 2021 as compared to an increase of 4.2% a month earlier and a decrease of 0.9% in corresponding month i.e. November 2020.
The urban core inflation, measured by non-food non-energy increased by 7.6% on (YoY) basis in November, 2021 as compared to an increase of 6.7% in the previous month and 5.6% in November, 2020. On (MoM) basis, it increased by 1.1% in November, 2021 as compared to increase of 0.9% in previous month, and an increase of 0.3% in corresponding month of last year i.e. November, 2020.
The rural core inflation measured by non-food non-energy Rural increased by 8.2% on (YoY) basis in November, 2021 as compared to an increase of 6.7% in the previous month and 7.4% in November, 2020. On (MoM) basis, it increased by 1.8% in November, 2021 as compared to an increase of 1.0% in previous month, and an increase of 0.3% in corresponding month of last year i.e. November, 2020.
The urban trimmed core inflation, measured by 20% weighted trimmed mean, n increased by 9.8% on (YoY) basis in November, 2021 as compared to 8.7% in the previous month and 6.3% in November, 2020. On (MoM) basis, it increased by 1.7% in November, 2021 as compared to an increase of 1.1% in the previous month and an increase of 0.2% in corresponding month of last year i.e. November, 2020The rural trimmed core inflation, measured by 20% weighted trimmed mean, increased by 9.5% on (YoY) basis in November, 2021 as compared to 8.2% in the previous month and by 9.1% in November, 2020. On (MoM) basis, it increased by 2.2% in November, 2021 as compared to an increase of 1.6% in the previous month and an increase of 0.4% in corresponding month of last year i.e. November, 2020.
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Business
-
Finance minister reviews progress on FBR digitalization
10 hours ago -
US stocks rebound on tech earnings, London hits new record
10 hours ago -
US approves gene therapy treatment for hemophilia
10 hours ago -
KATI president for inclusion of agri sector in tax net
10 hours ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
11 hours ago -
Police to take every step for security of business community: IGP
11 hours ago
-
WB director, Planning minister discuss reforms in development projects
11 hours ago -
IP rights crucial in achieving SDG : Jam Kamal
13 hours ago -
FBR’s data protection efforts commended by OECD assessment team
13 hours ago -
US stocks rebound on tech earnings, London hits new record
13 hours ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
13 hours ago -
SBP to announce monetary policy on April 29
13 hours ago