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The Ministry of Development Planning & Statistics (MDPS) have released the Consumer Price Index (CPI) for the month of June, 2014. The CPI of June, 2014 is estimated at 117.7, showing a decrease of 0.1% compared to the CPI of May 2014, and an increase of 2.8% compared to the CPI of June 2013. The overall decrease of 0.1% in CPI of June, 2014 when compared to CPI of May 2014 has resulted from the combined effect of price increases recorded in the main groups: “Rentals, Fuel and Energy*” by 0.6%, “Food, Beverages & tobacco” by 0.2% and “Transport and Communication” by 0.1%; and price falls noticed in: “Garments & Footwear” by 2.6%, “Entertainment, Recreation & Culture” by 0.9%, “Furniture, Textiles & Home Appliances” and “Miscellaneous Goods & Services” by 0.1% each, while “Medical care” remaining stable at previous month’s level. Table (1) presents CPI of May 2014, and figures (4) and (5) show the movement of monthly CPIs of “Food, Beverages and Tobacco” and “Rentals, Fuel and Energy*” groups.
The overall CPI of June, 2014, compared to the one of June, 2013 has increased by 2.8%. The price increases are observed in most of the groups: “Rentals, Fuel & Energy*” by 7.4% (mainly hikes noticed in rentals of residential buildings), “Furniture, Textiles & Home Appliances” by 4.9%, “Transport and Communication” by 1.4%, “Entertainment, Recreation & Culture” by 1.2%, “Garments and Footwear” by 1.1% and “Medical care” by 0.6%, On the other hand “Food, Beverages & tobacco” index have declined by 0.6%. Figure (1) shows the monthly and annual comparison for CPI of June 2014.
The CPI of June 2014, excluding “Rentals, Fuel and Energy” group stands at 127.8, showing a decrease of 0.3% compared to the index of May 2014 and an increase of 1.1% in comparison to the CPI of June, 2013. Table (2) presents CPI excluding “Rentals, Fuel & Energy” and figure (3) shows the Monthly percentage change of CPI and CPI excluding Rental component.More detailed data on CPI is available Here and on QALAM