CPI Inflation clocked in at 26.6% in Oct

CPI inflation increased to 26.6% on year-on-year basis in Oct 2022 as compared to an increase of 23.2% in the previous month and 9.2% in Oct 2021, according to data released by Pakistan Bureau of Statistics.

On month-on-month basis, it increased to 4.7% in Oct 2022 as compared to a decrease of 1.2% in the previous month and an increase of 1.9% in Oct 2021.

CPI inflation Urban, increased to 24.6% on year-on-year basis in Oct 2022 as compared to an increase of 21.2% in the previous month and 9.6% in Oct 2021. On month-on-month basis, it increased to 4.5% in Oct 2022 as compared to a decrease of 2.1% in the previous month and an increase of 1.7% in Oct 2021.

spot_img

More like this

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan...

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of...

LSMI output surged by 5.8% YoY in April

In April 2024, Pakistan's Large-scale Manufacturing Industries (LSMI) production dropped sharply by 8.14%, down from 115.78 in...

SPI surged by 1.3% WoW

According to data released by the Pakistan Bureau of Statistics (PBS), the Weekly Sensitive Price Indicator (SPI)...