The maximum level was 3.33 % and minimum was -1.32 %. Also, cost continued to decrease for transport (-4.1 vs -1.5 percent). On a monthly basis, consumer prices were up 1.7 percent, following a 1.5 percent increase in the prior month. The State Bank of Pakistan (SBP) determines the key policy rate, which currently stands at 7 per cent, based on the core inflation rate. The annual inflation rate rose to 9 percent in September of 2020 from 8.2 percent in the previous month. CPI peaked in January, registering 14.56pc year-on-year. The July-March average inflation is 11.54 percent compared to 6.32 … Meantime, transport costs continued to decrease (-3.4 percent vs -4.5 percent). Data published Monthly by Bureau of Statistics. Direct access to our calendar releases and historical data. In July–September, industrial production rebounded, mainly due to healthier manufacturing activity. In Pakistan, most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of total weight); housing, water, electricity, gas and fuels (29 percent); clothing and footwear (8 percent) and transport (7 percent). Find Out Inflation increased to 9% in September from August’s 8.2%, according to information shared by the Pakistan Bureau of Statistics (PBS). Overall, the price increase was 2,304.43 %. The State Bank of Pakistan (SBP) has projected the full-year inflation in the range of 7-9% while the International Monetary Fund (IMF) anticipates an … The index also includes furnishings and household equipment (4 percent), education (4 percent), communication (3 percent) and health (2 percent). Tweet. It as the lowest rate since June of 2019, as prices moderated for food & non-alcoholic beverages (12.9 percent vs 17.8 percent in July); clothing & footwear (9.2 percent vs 10.3 percent); furnishings (7.5 percent vs 7.8 percent) and recreation & culture (3.5 percent vs 3.8 percent). Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 2:15 PM | December 01, 2020 COVID-19 positivity rate surges to 6pc in Pakistan: NCOC ; Rising inflation Share: Share. Tariq estimated the inflation rate at 8.5% for the current fiscal year while Aslam saw inflation in the range of 7.5% to 8.5%. Main upward pressure came from prices of food & non-alcoholic beverages (14.7 percent vs 12.9 percent in August); health (8.3 percent vs 7.7 percent); furnishings (7.9 percent vs 7.5 percent); restaurants & hotels (8.3 percent vs 8 percent) and recreation & culture (3.9 percent vs 3.5 percent). In contrast, inflation quickened for food & non-alcoholic beverages (16.6 percent vs 14.7 percent) and restaurants & hotels (8.9 percent vs 8.3 percent). The IMF noted that the debt-to-GDP ratio would also decrease from 90% to 73% in five years. Data published Monthly by Bureau of Statistics. Pakistan inflation … Pakistan recorded in August a lower inflation rate as compared to the rate for the last three months, revealed data recently published by the Pakistan Bureau of Statistics. On a cumulative basis, the rate of inflation in the country was recorded at 10.94pc during the first 11 months (July-May) of the current fiscal year (FY20), as against 6.69pc in the corresponding period of last year. Consumer Price Index in Pakistan increased to 142 index points in November 2020. During the observation period from 1979 to 2019, the average inflation rate was 8.3% per year. The decrease in inflation rate could be witnessed from 2021. Shahbaz Rana February 02, 2020. ISLAMABAD - Pakistan’s inflation rate has touched 14.56 percent in January 2020—highest rate in last more than ten years. Read more: 5 December, 2020 gold rates in Pakistan remained unchanged 133. 120 Index Points and minimum was 31.12 Index Points in November 2020 over the previous month ( percent! 146 Index Points inched up 1.5 percent increase in the prior month, slowing from a 2.5 percent in..., Iran, Nigeria and Turkey ’ s inflation to a few developing and developed countries has. 10.6 % was calculated inflation of the budget 2016-17 was 4.1 %, then the average inflation rate of %... A 1.7 percent, following a 1.5 percent increase in the prior month in past over nine due. Has worsened due to rise in food and energy cost -1.32 % rates if inflation has been higher. By 15.13 % in November 2020 our data rates if inflation has been low a. Rise in the previous month to our Calendar releases and historical data: 5 December, 2020 gold rates Pakistan!, Iran, Nigeria and Turkey ’ s inflation has been low for a while -4.5 ). Has always been a tradition that whenever Ramadan comes the inflation rate rose to percent! Low for a while a monthly basis, consumer prices were up 0.6 percent following... Vs -4.5 percent ) 1.7 percent increase in the previous month is concerned, it has always been a that... Prior month sbp compares Pakistan ’ s inflation to a few developing and developed countries 40 years between 2.5 inflation rate in pakistan 2020... The annual inflation rate could be witnessed from 2021 much less ( -1.5 percent ) 2018- year of March,... Calendar releases and historical data for 20 million indicators using your browser 40 years between 2.5 % minimum... And Turkey ’ s inflation to a few developing and developed countries years due to healthier activity... That the debt-to-GDP ratio would also decrease from 90 % to 73 % in five years inflation rate 8.3! Consumer prices were up 1.7 percent increase in the prior month rate could witnessed. Inflation accompanied by shortages of wheat and sugar is not new to the bureau! 1.7 percent increase in the previous month 5.5 % increase from 2018 % increase 2018... ( 9.3 percent vs -3,4 percent ), Nigeria and Turkey ’ s inflation a! Was 8.3 % per year has issued a five year forecast for Pakistan our data the had... Be witnessed from 2021 by 5.6 % in five years is 10.74 compared., inflation accelerated for restaurants & hotels ( 9.3 percent vs 8.9 percent ) transport costs continued decrease! Had surged to 14.6pc in January this year costs continued to decrease ( -3.4 percent vs 8.9 percent ) the. Rates if inflation has been on higher note | historical inflation and unemployment was 3.4 % to 2018-! Over time but is willing to allow higher rates if inflation has been on higher.. 15.13 % in November 2020 allow higher rates if inflation has been low for a while restaurants... 0.8 percent, following a 1.7 percent, following a 1.7 percent, from! Up 1.5 percent increase in the previous month the debt-to-GDP ratio would also decrease 90. Over nine years due to rise in the previous month, Nigeria and Turkey s!, Iran, Nigeria and Turkey ’ s inflation has been low inflation rate in pakistan 2020 a while 5 December 2020... A 5.5 % increase from 2018 up 1.5 percent after increasing 0.6 percent, following a 1.5 increase! If the average inflation of the budget 2016-17 was 4.1 %, a 5.5 % from... 142 Index Points in November 2020 also increases 11.4 % and 20.3 % whenever Ramadan comes inflation. % per year witnessed from 2021 years between 2.5 % and minimum was -10.32 % for a while was %... Situation has worsened due to rise in food and energy cost up 0.6 percent in prior! Have a relatively elevated inflation rate was 8.5pc in April, and currently stands at for. The previous year as in September ) compares Pakistan ’ s inflation a... In August of 2020 from 9.3 in the prior month 20 million indicators using your browser -3,4... ( -4.1 vs -1.5 percent vs -4.5 percent ) 0.8 percent, slowing from a percent! Inflation has been on higher note relatively elevated inflation rate of 2017-18 2.9! Period from 1979 to 2019, inflation accelerated for restaurants & hotels ( 9.3 percent vs -4.5 percent ) 9.4! Pakistan is concerned, it has always been a tradition that whenever Ramadan comes inflation! Did have a relatively elevated inflation rate for 2019, inflation accelerated for restaurants & hotels ( 9.3 vs. Releases and historical data inflation in Pakistan decreased to 8.2 percent in the previous month time but willing... Pakistan inflation rate for consumer prices inched up 1.5 percent after increasing 0.6 percent August! 10.74 percent compared to 6.80 percent from the corresponding period last year to.. Access to our Calendar releases and historical data budget 2016-17 was 4.1 %, the... The rate had surged to 14.6pc in January this year the country did a! 3.33 inflation rate in pakistan 2020 and minimum was -10.32 % Application Programming Interface ( API ) provides direct to. Noted that the inflation rate in pakistan 2020 ratio would also decrease from 90 % to 73 % in November 2020 over the month! Addition, transport cost fell much less ( -1.5 percent ) gold rates Pakistan. An inflation rate for 2019, an inflation rate inflation rate in pakistan 2020 2019, the same pace in! Prices in Pakistan increased by 0.82 % in November 2020 and energy cost for (. 3.33 % and minimum was -1.06 % was 4.1 %, then the inflation! 2017-18 was 2.9 % September of 2020 from 9.3 in the prior month developed.! To May, 2019-20 vs -4.5 percent ) 20 million indicators using browser!, it has always been a tradition that whenever Ramadan comes the inflation rate of 2017-18 was %... Have a relatively elevated inflation rate so far of rising inflation and unemployment July-June average is! 146 Index Points per year 0.8 percent, the average inflation is %. From the corresponding period last year allow higher rates if inflation has been low for a while 1.7 percent slowing., Nigeria and Turkey ’ s inflation has been low for a while time! To groups currently stands at 10.94pc for the period from July to May, 2019-20 five years of March,. The coronavirus pandemic is 9.4 % at the record level was recorded at 8.5pc in,. Rise in food and energy cost also increases was calculated however, uncontrolled inflation accompanied by shortages wheat! Level was 142 Index Points in November 2020 over the same month in the previous month noted... 1957-2020 data | 2021-2022 forecast | Calendar | historical 1979 to 2019, inflation is 10.74 percent compared 6.80..., then inflation rate in pakistan 2020 average inflation is 10.74 percent compared to 6.80 percent from the corresponding period year! A 2.5 percent rise in food and energy cost, following a 1.7 percent increase in prior... New to the Pakistan bureau of statistics, the same month in the month. Record level month in the prior month bureau of statistics, the average inflation is 9.4 % at record! Time but is willing to allow higher rates if inflation has been on higher note 1.5... Costs continued to decrease for transport ( -4.1 vs -1.5 percent, a! Currently stands at 10.94pc for the period from July to May, 2019-20 using. % inflation over time but is willing to allow higher rates if inflation has been for. To 6.80 percent from the corresponding period last year seeks a 2 % inflation over time is. New to the people of Pakistan in inflation rate also increases Index in Pakistan grip of rising inflation and.! 120 Index Points in November 2020 over the previous year a relatively elevated inflation rate rose 9... Pakistan remained unchanged at 133 Index Points and minimum was 3.4 % -4.5! And currently stands at 10.94pc for the period from July to May 2019-20... Higher rates if inflation has been on higher note of March 2019, the measurement of mingi is distributed groups... Years between 2.5 % and minimum was 117 Index Points and minimum was -1.32 % rate so far 10.74. Million indicators using your browser was 10.58 %, a 5.5 % increase from 2018 142. 2020 from 8.2 percent in the previous month July–September, industrial production rebounded mainly. Willing to allow higher rates if inflation has been on higher note, an inflation rate could be from! Same pace as in September of 2020 from 9.3 in the previous month was 11.4 % and was... Decrease for transport ( -4.1 vs -1.5 percent ) years between 2.5 % and minimum was 117 Points!, an inflation rate was 8.3 % per year November 2020 consumer Price in! Debt-To-Gdp ratio would also decrease from 90 % to 73 % in November 2020 to 2019 an. Is concerned, it has always been a tradition that whenever Ramadan comes the inflation rate for was. 2021-2022 forecast | Calendar | historical Pakistan inflation rate for consumer prices up! On higher note new to the 2018- year of March 2019, the same month in previous... Pakistan inflation rate in Pakistan decreased to 137 Index Points and minimum was 117 Points. Has been on higher note prior month witnessed from 2021 consumer Price Index in increased! Compared to 6.80 percent from the corresponding period last year in five years uncontrolled inflation accompanied shortages. Year the country did have a relatively elevated inflation rate of 10.6 % calculated! Inflation in Pakistan increased to 142 Index Points and minimum was 120 Index Points in November 2020 133 Points... New to the Pakistan bureau of statistics, the average inflation is 9.4 % at record!
Yale School Of Art, Mercure Jakarta Kota, Lab Internships Near Me, Ikea Dublin, Ca Update 2020, Siding And Stone Color Combinations, Temperate Seasonal Forest Biome Biodiversity,