Pakistan records its highest inflation in 2 years

Pakistan’s Consumer Price Index-based inflation witnessed an increase of 13 percent on a year-on-year (YoY) basis in January 2022, the highest inflation rate in two years as compared to an increase of 12.3 percent in the previous month and 5.7 percent in January 2021, says the Pakistan Bureau of Statistics (PBS).

In January 2020, inflation had risen to 14.6 percent. On a month-on-month (MoM) basis, it increased by 0.4 percent in January 2022 as compared to a decrease of -0.02 percent in the previous month.

CPI inflation Urban increased by 13.0 percent on a YoY basis in January 2022 compared to an increase of 12.7 percent in the previous month and 5.0 percent in January 2021. On an MoM basis, it increased by 0.1 percent in January 2022 compared to an increase of 0.3 percent in the previous month and a decrease of -0.2 percent in January 2021.

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CPI inflation Rural increased by 12.9 percent on a YoY basis in January 2022 as compared to an increase of 11.6 percent in the previous month and 6.6 percent in January 2021. On an MoM basis, it increased by 0.9 percent in January 2022 as compared to a decrease of -0.5 percent in the previous month and a decrease of -0.3 percent in January 2021.

SPI inflation on a YoY basis increased by 20.9 percent in January 2022 as compared to an increase of 20.9 percent a month earlier and an increase of 7.7 percent in January 2021. On an MoM basis, it decreased by -0.8 percent in January 2022 as compared to a decrease of -0.4 percent a month earlier and a decrease of -0.8 percent in January 2021.

WPI inflation on a YoY basis increased by 24.0 percent in January 2022 as compared to an increase of 26.2 percent a month earlier and an increase of 6.4 percent in January 2021. WPI inflation on an MoM basis increased by 0.6 percent in January 2022 as compared to a decrease of -0.2 percent a month earlier and an increase of 2.5 percent in the corresponding month, i.e., January 2021.

CPI inflation Rural increased by 12.9 percent on a YoY basis in January 2022 as compared to an increase of 11.6 percent in the previous month and 6.6 percent in January 2021. On an MoM basis, it increased by 0.9 percent in January 2022 as compared to a decrease of -0.5 percent in the previous month and a decrease of -0.3 percent in January 2021.

SPI inflation on a YoY basis increased by 20.9 percent in January 2022 as compared to an increase of 20.9 percent a month earlier and an increase of 7.7 percent in January 2021. On an MoM basis, it decreased by -0.8 percent in January 2022 as compared to a decrease of -0.4 percent a month earlier and a decrease of -0.8 percent in January 2021.

WPI inflation on a YoY basis increased by 24.0 percent in January 2022 as compared to an increase of 26.2 percent a month earlier and an increase of 6.4 percent in January 2021. WPI inflation on an MoM basis increased by 0.6 percent in January 2022 as compared to a decrease of -0.2 percent a month earlier and an increase of 2.5 percent in the corresponding month, i.e., January 2021.

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