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Home » Recent Updates » Inflation hikes in Pakistan

Inflation hikes in Pakistan

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PAKISTAN INFLATION RATE

 

The inflation rate in Pakistan was recorded at 8.55 percent in August of 2013. Inflation Rate in Pakistan is reported by the Pakistan Bureau of Statistics. Pakistan Inflation Rate averaged 8.03 Percent from 1957 until 2013, reaching an all time high of 37.81 Percent in December of 1973 and a record low of -10.32 Percent in February of 1959. In Pakistan, most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of total weight); housing, water, electricity, gas and fuels (29 percent); clothing and footwear (8 percent) and transport (7 percent). The index also includes furnishings and household equipment (4 percent), education (4 percent), communication (3 percent) and health (2 percent). The remaining 8 percent is composed by: recreation and culture, restaurants and hotels, alcoholic beverages and tobacco and other goods and services. This page contains – Pakistan Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.2013-09-05

Pakistan Inflation Rate

 

CALENDAR GMT COUNTRY EVENT REFERENCE ACTUAL PREVIOUS CONSENSUS FORECAST
2013-04-01 10:00 AM PAKISTAN INFLATION RATE YOY 2013-03-31 6.57% 7.4%
2013-05-02 10:45 AM PAKISTAN INFLATION RATE YOY 2013-04-30 5.8% 6.57%
2013-06-03 10:20 AM PAKISTAN INFLATION RATE YOY 2013-05-31 5.13% 5.8% 5.50%
2013-07-01 02:00 PM PAKISTAN INFLATION RATE YOY 2013-06-30 5.90% 5.13% 5.45%
2013-08-01 09:00 AM PAKISTAN INFLATION RATE YOY 2013-07-31 8.3% 5.90% 6.67%
2013-09-02 08:45 AM PAKISTAN INFLATION RATE YOY 2013-08-31 8.55% 8.30% 8.82%
2013-10-01 10:00 AM PAKISTAN INFLATION RATE YOY 2013-09-30 8.55% 8.94%
2013-11-01 10:00 AM PAKISTAN INFLATION RATE YOY 2013-10-31 9.69%
2013-12-02 10:00 AM PAKISTAN INFLATION RATE YOY 2013-11-30 10.01%

 

PRICES LAST PREVIOUS HIGHEST LOWEST FORECAST UNIT TREND
INFLATION RATE 8.55 2013-08-15 8.30 37.81 -10.32 8.95 2013-09-30 PERCENT Trend
CONSUMER PRICE INDEX (CPI) 183.58 2013-07-15 179.94 183.58 62.82 185.62 2013-08-31 INDEX POINTS Trend
EXPORT PRICES 240.90 2012-11-15 232.60 241.30 2.20 240.64 2013-03-31 INDEX POINTS Trend
GDP DEFLATOR 220.72 2013-06-30 205.32 293.39 100.00 215.41 2013-12-31 INDEX POINTS Trend
IMPORT PRICES 309.30 2012-11-15 295.80 309.30 1.20 327.20 2013-03-31 INDEX POINTS Trend
PRODUCER PRICES 202.49 2013-07-15 199.21 202.49 20.05 203.20 2013-08-31 INDEX POINTS Trend

 

PAKISTAN INFLATION RATE UP TO TO 8.55% IN AUGUST


Joana Taborda In August of 2013, Pakistan inflation rate accelerated to 8.55 percent, the highest value since September of 2012, as food prices continue to rise.
Year-on-year, prices of food and non-alcoholic beverages accelerated 10.12 percent, from 8.9 percent in July, mainly due to a 18.5 percent increase in cost of perishable food items. Highest food price increases were registered in: onions (70 percent), tomatoes (45 percent), fresh vegetables (27.2 percent), wheat flour (27 percent), chicken (26 percent) and tea (25 percent). In contrast, prices of pulse gram decreased 28.3 percent, besan (- 26 percent) and gram whole (- 21.25 percent).
The highest non-food products price increases were registered in: postal services (26 percent), woolen readymade garments (19 percent), text books (15.9 percent), tailoring (15.8 percent), dopatta (15 percent) and cotton cloth (15 percent).
On a month-over-month basis, the index for food and non-alcoholic beverages went up 2.07 percent in August, due to higher prices of onions (34.6 percent), chicken (12.15 percent) and potatoes (7.4 percent).
Year-on-year core inflation measured by non-food non-energy CPI accelerated to 8.5 percent in August, from 8.2 percent in July and 10.8 percent a year earlier.


Pakistan Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com

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