CPI recorded at 14.19 pc in January


The inflation rate based on the Consumer Price Index (CPI), a key indicator of inflation, was recorded at 14.19 percent in January 2011 as compared to the same month of the last year.

The other indicators, including Wholesale Price Index (WPI) and Sensitive Price Indicator (SPI) also increased by 22.60 percent and 18.80 percent respectively during the month of January, according to data of Federal Board of Statistics (FBS) that was made public by Secretary FBS Asif Bajwa and Director General of the Bureau, Arif Mehmood Cheema here Tuesday during a press conference.

The CPI inflation rate witnessed increase of 14.55 percent during July- January (2010-11) as compared to the corresponding period of last year.

The WPI and SPI from July to November (2010-11) increased by 22.37 percent and 19.20 percent respectively over the same July-January (2009-10), the figures revealed.

In January 2011, the CPI, WPI and SPI increased by 1.30 percent, 1.65 percent and 0.47 percent over December 2010 respectively.

The main commodities, which showed an increase in their prices during January, 2011 over December 2010 included spices (43.87%), tomatoes (25.13%), eggs (8.34%), vegetable ghee (7.88%), cooking oil (7.06%), fresh fruits (6.85%), tea (4.92%), rice (4.44%), fish (4.39%), mustard oil (4.31 %), chicken farm (3.54%), sweetmeat and nimco (2.92%), bakery and confectionery (2.41%), dry fruit (1.83%), cereals (1.74%), readymade food (1.68%), milk fresh (1.50%), betel leaves and nuts (1.49%), meat (1.36%), beverages (1.27%), besan (1.14%), milk powdered (1.00%), hosiery (2.78%), silk, linen wollen cloth (1.72%), woolen readymade garments (1.16 %), cotton cloth (1.03 %), readymade garments (1.01 %), firewood (3.81 %), natural gas/LPG (1.07), marriage hall charges (2.25%), utensils (1.98%), sewing machine, cook and needles (1.56%), household equipments (1.26%), furnishing (1.25 %), plastic products (1.05 %), tyre and tube (1.86% and doctor’s fee (1.97%).

The main commodities which showed decrease in their prices during January 2011 over December 2010 included onions (25.03%), potatoes (21.07%) and mash pulse (1.93%).

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