And it’s back on the rise…

The monthly inflation based on Consumer Price Index (CPI) during month of September 2012 has registered an increase of 0.79 per cent over August, 2012.
According to the data revealed by Pakistan Bureau of Statistics (PBS), the CPI inflation, witnessed an increase of 8.79 percent on year-on-year basis in September 2012 as compared to 9.1 percent in the previous month and 10.5 percent in September 2011.
The PBS collects the retail and wholesale price and computes the consumer price index on monthly basis and sensitive price index on weekly basis. In July 2012, the Wholesale Price Index (WPI) inflation on YoY basis increased to 7.8 percent in September 2012 as compared with 7.7 percent a month earlier and 17 percent in September 2011.
The WPI inflation on month on month basis increased by 0.3 percent in September 2012 as compared to an increase of 1 percent a month earlier and 0.2 percent in September 2011. During the month of September 2012 over September 2011, the trimmed or core inflation increased by 10.4 percent.
Core Trimmed inflation has increased by 0.5 percent on MoM basis in September 2012 as compared to 0.4 percent in August 2012. The Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 10.4 percent in September 2012 as compared to 10.8 percent in August 2012 (YoY) and by 10.6 percent in September 2011. Core NFNE inflation on MoM basis increased by 0.4 percent in September 2012 as compared to 0.3 percent a month earlier and 0.7 percent in September 2011.
The items, which witnessed decrease in their prices during the month include chicken (15.46%), tomatoes (14.33%), fresh fruits (13.02%), pulse moong (2.34%), sugar (1.12%), dry fruits (1.1%) gram whole (0.55%). The items, which recorded increase in their prices during the month of September included fresh vegetables (23.23%), onions (13.77%), eggs (12.08%), wheat flour (5.72%), wheat (4.98%), wheat product (3.85%), potatoes (2.24%), nimco (1.55%), rice (1.22%) cereals (1.15%) and meat (1.04%).