ISLAMABAD: The overall Shopper Value Index (CPI)-based inflation recorded at 11.1% on year-on-year foundation in July 2024, down from 12.6% in June 2024 and 28.3% within the corresponding month final yr, in accordance a knowledge launched by the Pakistan Bureau of Statistics (PBS).
The most recent information issued on Thursday confirmed that the final CPI inflation elevated to 2.1% in July 2024 on a month-on-month foundation, in comparison with a rise of 0.5% within the earlier month and a rise of three.5% in July 2023.
As per the PBS information, the city CPI inflation elevated to 13.2% on year-on-year foundation in July 2024, in comparison with a rise of 14.9% within the earlier month and 26.3% in July 2023.
On month-on-month foundation, it elevated to 2.0% in July 2024, in comparison with a rise of 0.6% within the earlier month and a rise of three.6% in July 2023.
In the meantime, the agricultural CPI inflation grew by 8.1% on year-on-year foundation in July 2024, in comparison with a rise of 9.3% within the earlier month and 31.3% in July 2023.
On month-on-month foundation, it elevated to 2.2% in July 2024, in comparison with a rise of 0.3% within the earlier month and a rise of three.3% in July 2023.
Furthermore, the PBS information confirmed a year-on-year improve of 15.7% within the Delicate Value Indicator (SPI) inflation throughout July 2024. Final month, it was 16.6% and 29.3% in July 2023.
On a month-on-month foundation, it elevated by 2.0% in July 2024, in comparison with a rise of 1.3% a month earlier and a rise of two.8% in July 2023.
The Wholesale Value Index (WPI) inflation on year-on-year foundation elevated to 10.4% in July 2024, in comparison with a rise of 10.6% a month earlier and a rise of 23.1% in July 2023.
In the meantime, the month-on-month distinction urged a rise of two.3% in July 2024 in comparison with a rise of 0.4% within the earlier month and a rise of two.5% in corresponding month of final yr (July 2023).
The city core inflation, measured by non-food non-energy, elevated to 16.9% on year-on-year foundation in July 2024, in comparison with a rise of 17.0% within the earlier month and 24.6% in July 2023.
On month-on-month foundation, it elevated by 1.1% in July 2024, in comparison with a rise of 0.9% in earlier month and a rise of 1.2% in corresponding month of final yr i.e. July 2023.
The agricultural core inflation, measured by non-food non-energy elevated to 16.9% on year-on-year foundation in July 2024, in comparison with a rise of 17.0% within the earlier month and 24.6% in July 2023.
On a month-on-month foundation, it elevated by 1.1% in July 2024, in comparison with a rise of 0.9% in earlier month and a rise of 1.2% in corresponding month of final yr i.e. July 2023.