ISLAMABAD: The country’s Consumer Price Index (CPI) based inflation rate during January, 2015 witnessed a nominal increase of 0.08 percent against December 2014.
On year-on-year basis, the CPI inflation increased by 3.88 percent in January 2015 as compared to same month of last year.
Addressing a press conference here Monday, Arif Mehmood Cheema member, National Accounts, Field Services, Prices and Trade of Pakistan Bureau of Statistics (PBS) said the Wholesale Price Index (WPI) and Sensitive Prices Index (SPI) in January decreased by 1.03 percent and 0.87 percent respectively when compared to December 2014.
The food items that witnessed increase in the prices during the month over previous month included tomatoes (7.3%), chicken (5%), pulse gram (3.96%), eggs (3.92%), gram flour (2.47%) and pulse moong (1.81%).
The food items that witnessed decrease in the prices during the period under review over previous month included potatoes (25.37%), cooking oil (2.27%), beans (2.17%), rice (1.97%) and sugar (1.53%).
The non-food items that witnessed increase in prices during the month included firewood whole (2.99%), house rent (1.99%) and medical tests (1.8%).
Similarly the non-food items that witnessed decrease in prices included kerosene oil (7.03%), motor fuel (4.01%) and transport services (1.56%).
On year-on-year basis the food items that witnessed increase in their prices during January included pulse moong (21.82%), cigarettes (20.39%), pulse mash (18.21%), fresh fruits (13.02%), pulse masoor (11.54%), pulse gram (11.2%), milk powder (10.59%), eggs (10.41%) and honey (10.16%).
The food items that witnessed decrease during the period under review included onions (34.17%) and wheat (11.1%).
The non-food items’ prices, which increased during the month as compared to the last month included motor vehicle tax (36.71%), eucation (14.2%), cotton cloths (12.93%), tailoring (10.98%), marriage hall charges (10.9%) and woolen readymade garments (10.75%).
The non-food items of which prices decreased during the month included kerosene oil (23.77%) and motor fuel (18.79%).
As compared to the January 2015 over January 2014, the trimmed core inflation has been observed at 4.8% while it was 8.2% during January 2014 over January 2013.
Similarly non-food and non-energy core inflation during the month of January 2015 over January 2014, has been observed as 6.4% while it was 8% during January, 2014 over January, 2013.