Monthly inflation increases by 0.55 percent

The monthly consumer price index (CPI) for the month of June, 2011 registered an increase by 0.55 percent as compared to the month of May, 2011.

Secretary Statistic Division, Asif Bajwa while briefing the media here Saturday said that monthly inflation was increased by 13.13 percent during the month under review as compared to the same month of last corresponding year.

He said that average inflation was increased by 13.92 percent during the out-going financial year as compared to the last financial year 2009-10.

The CPI in month of June 2011 over May 2011 was increased by 0.55 percent, SPI was increased by 1.16 percent and WPI was increased by 0.55 percent respectively, he added.

Asif Bajwa said that CPI,SPI and WPI during June 2011 have increased by 13.12 percent, 16.91 percent and 24.37 percent over June 2010 respectively, while CPI,SPI and WPI of June 2010 had increased as compared to June 2009 by 12.69 percent, 14.94 percent and 17.62 percent respectively, he added.

He further informed that during the month of June, 2011 over, June 2010, the trimmed core-inflation has been observed as 12.0 percent, while it was recorded at 11.7 percent during the same period of last year.

Non-food and non-energy core inflation during the month under review was recorded at 10.4 percent as against the 10.4 percent during June 2010 over June 2009, he added.

The secretary said that during the out-going financial year the electricity prices have recorded increase of about 19.41 percent as against last financial year.

The commodities which showed increase in their average prices during the period under review include, tomatoes ,potatoes, eggs, sugar, cigarettes, chicken (farm), jam, pickles, vinegar, milk products, milk (fresh), wheat, gur, mustard oil, firewood, air fair, tuition fees, text books, washing soap, toilet soap and jewellery.

The commodities with decrease in their prices are fresh fruits, onions, vegetables, pulse masoor, fish, wheat flour, pulse mash, besan, kerosene, LPG, diesel and petrol.