CPI inflation falls to 8.5 percent on YoY basis.

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, Pakistan Bureau of Statistics (PBS) reporter Friday.

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.

Meanwhile, the Sensitive Price Indicator (SPI) based inflation on YoY increased by 9.0% in April 2020 as compared to an increase of 11.8% a month earlier and an increase of 10.0% in April 2019.

On MoM basis, it decreased by 2.0% in April 2020 as compared to a decrease of 0.3% a month earlier and an increase of 0.5% in April 2019.

The Wholesale Price Index (WPI) based inflation on YoY basis increased by 5.1% in April 2020 as compared to an increase of 9.2% a month earlier and an increase of 17.1% in April 2019.

The WPI inflation on MoM basis decreased by 2.1% in April 2020 as compared to a decrease of 0.9% a month earlier and an increase of 1.8% in corresponding month of last year i.e. April 2019.

The core inflation measured by non-food non-energy Urban CPI (Core NFNE) increased by 6.4% on...