AGL56.91▲ 5.17 (0.10%)AIRLINK190.01▼ -2 (-0.01%)BOP11.91▲ 1.08 (0.10%)CNERGY7.43▼ -0.02 (0.00%)DCL8.48▼ -0.05 (-0.01%)DFML50.04▼ -1.77 (-0.03%)DGKC109▲ 0.05 (0.00%)FCCL38.43▼ -0.27 (-0.01%)FFL14.67▼ -0.08 (-0.01%)HUBC130.68▼ -1.25 (-0.01%)HUMNL13.4▼ -0.05 (0.00%)KEL4.46▼ -0.03 (-0.01%)KOSM6.11▲ 0.05 (0.01%)MLCF46.32▲ 1.25 (0.03%)NBP73.79▼ -1.95 (-0.03%)OGDC209.1▲ 0.91 (0.00%)PAEL40.91▲ 0.39 (0.01%)PIBTL7.94▼ -0.33 (-0.04%)PPL183.73▲ 3.32 (0.02%)PRL35.48▲ 1.06 (0.03%)PTC24.77▲ 2.09 (0.09%)SEARL103.38▼ -1.95 (-0.02%)TELE8.42▼ -0.11 (-0.01%)TOMCL33.26▼ -0.69 (-0.02%)TPLP12.13▼ -0.23 (-0.02%)TREET21.09▼ -0.06 (0.00%)TRG67.58▲ 1.47 (0.02%)UNITY29.85▼ -0.36 (-0.01%)WTL1.55▼ -0.01 (-0.01%)

Inflation hits record 24.9% in July; highest since 2008 recession

inflation October
Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

Islamabad: In the wake of the rising commodity prices and weakening rupee, the Consumer Price Index (CPI)-based inflation surges 24.9% on a year-on-year (YoY) basis in July 2022, compared to an increase of 21.3% in the previous month and 8.4% in July 2021.

According to a report published by the Pakistan Bureau of Statistics, the CPI-based inflation increased by 4.3% on a month-on-month basis in July 2022, compared to an increase of 6.3% in June 2022 and an increase of 1.3% in July 2021.

inflation
Source: PBS

The report further said that the CPI-based inflation in urban areas increased by 23.6% on a YoY basis in July 2022 compared to an increase of 19.8% in the previous month and 8.7% in July 2021. On an MoM basis, it increased by 4.5% in July 2022 compared to an increase of 6.2% in the previous month and an increase of 1.3% in July 2021.

In rural areas, the inflation surged by 26.9% on a YoY basis in July 2022 compared to an increase of 23.6% in the previous month and 8.0% in July 2021. On an MoM basis, it increased by 4.2% in July 2022 compared to an increase of 6.6% in the previous month and an increase of 1.4% in July 2021.

Read: Inflation reaches 21.3pc in June; highest since 2008

Related Posts

Get Alerts