CPI inflation increases to 31.5 percent in February.
ISLAMABAD -- The inflation based on the Consumer Price Index (CPI) increased to 31.5 per cent on year-on-year (YoY) basis in February 2023 as compared to the corresponding month of last year, the Pakistan Bureau of Statistics (PBS) reported on Wednesday.
On month-on-month basis, it increased to 4.3 in February 2023 as compared to an increase of 2.9% in the previous month (January 2022).
On a year-on-year basis, the top few food commodities that witnessed an increase in prices in February as compared to the corresponding month of last year included onions (416.74%), chicken (96.86%), eggs (78.73%), rice(77.81%), wheat flour (55.92%), gram whole (64.93%), pulse moong (56.43), pulse gram (55.99%), mustard oil (48.11%), pulse mash(50.77%), fresh fruits(45.17%), cooking oil (50.66%), milk fresh (31.99%), vegetable ghee(45.89%), fish(21.49%), pulse masoor (27.76%), meat (20.82%), fresh vegetables(11.60%), potatoes(22.42%) and cigarettes (59.20%).
The non-food commodities that witnessed an increase during the period on a year on year basis included textbooks (74.13%), transport services(33.13%), motor vehicle accessories(37.04%), motor vehicles (38.774%), marriage hall charges (25.50%), stationery (61.37), construction input items (38.51%), medical test (17.90%), and liquefied hydrocarbons (48.37%).
The CPI inflation Urban, increased to 28.8% on year-on-year basis in Feb 2023 as compared to an increase of 24.4% in the previous month...
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