CPI inflation decelerates to 8.5pc on YoY basis

0
64

From Business Correspondent

ISLAMABAD: The Consumer price Index (CPI) based monthly inflation decelerated to 8.5 percent on year-on-year (YoY) basis in April 2020, from 10.2 percent during February.

According to Pakistan Bureau of Statistics (PBS), on month-on-month basis, it decreased by 0.8% in April as compared to an increase of 0.04% in the previous month and an increase of 0.7% in April 2019.

The Urban CPI inflation increased by 7.7% on year-on-year basis in April 2020 as compared to an increase of 9.3% in the previous month and 8.4% in April 2019. On month-on-month (MOM) basis, it decreased by 0.7% in April 2020 as compared to an increase of 0.1% in the previous month and an increase of 0.8% in April 2019.

On the other hand, the Rural CPI inflation increased by 9.8% on year-on-year basis in April 2020 as compared to an increase of 11.7% in the previous month and 8.1% in April 2019. On month-on-month basis, it decreased by 1.1% in April 2020 as compared to a decrease of 0.1% in the previous month and an increase of 0.6% in April 2019.

LEAVE A REPLY

Please enter your comment!
Please enter your name here