Home / Brokerage / CPI inflation climbs by 11.34% in July-Oct (4MFY12), 10.96% in Oct 11’ (YoY) and 1.4% (MoM) – Alfalah Securities Limited

CPI inflation climbs by 11.34% in July-Oct (4MFY12), 10.96% in Oct 11’ (YoY) and 1.4% (MoM) – Alfalah Securities Limited

Karachi: The Consumer Price Index (CPI) inflation has climbed up by 11.34% in 4MFY12 (Jul-Oct 2011) over the same period last year while, it has witnessed an increase of 10.96% in Oct11’ on YoY basis and 1.4% on MoM basis, owing to a significant rise in food and non-food commodity prices. According to the data released by the Federal Bureau of Statistics, prices of food and beverage items rose significantly by 12.90%, non-perishable food items by 22%, transportation cost by 14.2% while, the clothing & footwear cost rose by 14.30% in the 4MFY12 against the corresponding period.

According to Alfalah Securities, on the other hand, the trimmed core inflation during Oct 2011 witnessed a rise of 11.6% as compared to a 12.6% rise during Oct 2010 whereas, the Non-food & Non-energy (NFNE) core inflation during Oct 2011 stood at 10.4% as compared to 9.5% in the same period last year.

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