The Consumer Price Index (CPI) based monthly inflation increased by 12.96% on year-on-year (YoY) basis during the month of January 2022 against the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported Tuesday.
The average inflation rate during the period July-January 2021-22 over same period of the preceding year was recorded at 10.26%. CPI inflation on month-on-month basis was recorded at 0.39%.
The urban food declined by -0.8% and rural food recorded at 0.4% while non food stood at 0.6% and 1.4% for urban and rural respectively. The major items showing decline in urban are tomatoes (42.88%), potatoes (13.32%), condiments & spices (7.50%), chicken (2.24%), vegetables (1.65%), wheat flour (1.28%), eggs (1.13%), electricity charges (2.52%) and construction input items (0.08%). The major items showing decline in rural are tomatoes (47.89%), potatoes (12.74%), onions (2.78%), chicken (0.47%), electricity charges (2.52%) and liquefied hydrocarbons (0.19%). —APP
