Review of price indices; woolen/cloths prices up in CPI

25 Dec '07

3 min read

The inflation rates based on CPI, SPI and WPI for the period of three years and three months with respect to the corresponding period/month.

July-November over corresponding period of last year:
The inflation rates based on CPI, SPI and WPI for the year 2007-08 increased by 7.85%, 10.87% and 9.88% respectively over the corresponding period of 2006-07. It increased by 8.29%, 11.25% and 7.75% respectively, in 2006-07 over the corresponding period of 2005-06.

In 2005-06, the rate of inflation increased by 8.41%, 6.78% and 11.00 % respectively over the same period of 2004-05. An analysis of data for last three years for the same period indicates that CPI was lower as compared to last two years but SPI
was higher as compared to 2005-2006 while lower as compared to 2006-07. Whereas, WPI in 2007-08 was higher as compared to 2006-07 but WPI was lower as compared to 2005-06.

November over corresponding month of previous year:
The inflation rates based on CPI, SPI & WPI in November, 2007 increased by 8.67%, 11.01% and 12.64% over November, 2006 respectively. CPI, SPI and WPI in November 2006 increased by 8.07%, 13.38% and 7.46% respectively over November, 2005 and in November, 2005 the CPI, SPI and WPI increased by 7.89%, 5.37% and 10.91% respectively over November, 2004.

An analysis of data for three years for the same period indicates that CPI, SPI & WPI in 2007-08were higher as compared to last two years, whereas SPI was higher as compared to November, 2005 but lower as compared to November, 2006.

More Federal Bureau of Statistics, Pakistan News... More Textiles News - Pakistan...