The monthly Consumer Price Index (CPI), during April, registered an increase of 1.62 percent compared to the previous month of current financial year.
In April, CPI and Sensitive Price Indicator (SPI) raised by 1.62 percent and 0.55 percent respectively, while the Wholesale Price Index (WPI) jumped by 2.26 percent over March, 2011, according to data released by the Federal Bureau of Statistics (FBS).
FBS collected retail and wholesale prices and computed the Consumer Price Index (CPI), Whole Sale Price Index (WPI) on monthly basis and Sensitive Price Indicator (SPI) on weekly basis, respectively. The CPI was recorded at 13.04 percent during last month compared to the corresponding month of last year.
Compared to April of 2010, CPI increased by 13.04 percent, SPI 16.97 and WPI 25.92 percent. Inflation is significantly higher than last year. In April, 2009, the annual monthly inflation rate, CPI, stood at 13.26 percent, SPI 16.72 per cent and WPI 21.99 percent, the data revealed.
The indices average for the period of July to April, 2010-11 have increased over the same period of 2009-10 by CPI 14.08 per cent, SPI 18.47 per cent and WPI 23.29 percent, it said. The main commodities, which exhibited a decrease in their prices during the period under review, included eggs, tomatoes, onions, chicken farm, pulse gram, wheat, gur, wheat flour and pulse masoor.
