FOOD INFLATION

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
Oct 11 - 17, 2010

PAKISTAN: AVERAGE PRICES OF FOOD COMMODITIES INCREASED

ITEMS

PRICES IN RS. ON

% CHANGE OVER

WEIGHT

IMPACT

30.09.10

23.09.10

23.09.10

01.10.09

Low. I.G.

Comb. I.G.

Low. I.G.

Comb. I.G.

Tomatoes Kg. 61.43 46.44 32.28 94.46 0.9380 1.0554 0.2884 0.3408
Garlic Kg .217.70 214.10 1.68 107.16 0.3589 0.3451 0.0157 0.0158
Egg Hen (Farm) Doz. 78.73 77.82 1.17 18.87 0.5043 1.0400 0.0060 0.0131
Moong Pulse Washed Kg. 143.64 142.17 1.03 153.51 0.7550 0.5174 0.0130 0.0094
Rice Basmati Broken Kg. 47.18 46.71 1.01 6.55 1.0929 1.2987 0.0119 0.0148
Mustard Oil Kg. 144.70 143.34 0.95 10.81 0.0789 0.1183 0.0007 0.0011
Tea (Prepared) Cup 11.76 11.65 0.94 27.55 2.9165 1.2719 0.0279 0.0128
Mutton Kg. 393.73 390.35 0.87 32.68 1.0815 2.8074 0.0120 0.0327
Masoor Pulse Washed Kg. 120.59 119.91 0.57 -1.33 0.6812 0.5377 0.0044 0.0036
Coarse Latha Mtr. 51.76 51.47 0.56 13.68 0.9697 0.8713 0.0039 0.0036
Voil Printed Mtr. 53.93 53.63 0.56 13.68 0.5064 0.4709 0.0017 0.0016
Gram Pulse Washed Kg. 72.28 71.90 0.53 45.84 1.5600 1.0302 0.0071 0.0049
Beef Kg. 209.85 208.96 0.43 26.24 3.6799 3.9850 0.0209 0.0238
Washing Soap Nylon Cake 13.91 13.85 0.43 10.22 2.0796 1.2171 0.0062 0.0038
Veg.Ghee Loose Kg. 131.52 131.10 0.32 21.99 6.6284 3.1109 0.0217 0.0107
Wheat Flour Av. QLT. Kg. 30.30 30.25 0.17 4.99 16.1077 11.9080 0.0289 0.0224
Curd Kg. 55.54 55.45 0.16 14.73 0.5639 1.1850 0.0008 0.0018
Veg. Ghee (Tin) 2.5 Kg. 375.94 375.65 0.08 6.50 1.6397 2.9039 0.0011 0.0020
Cooking Oil (Tin) 2.5 Ltr. 375.94 375.65 0.08 6.06 0.3766 1.9032 0.0002 0.0013


PAKISTAN: INFLATION REPORT

Personalities Liaqat Ali Khan Khuaja Nazim uddin Gen Ayub Khan Z.A Bhutto Gen Ziaul haq Benazir Bhutto Nawaz Sharif Benazir Bhutto Nawaz Sharif Pervaiz Musharraf Yousuf Raza Gilani
Years 1947-51 1951-53 1958-69 1972-77 1977-88 1988-90 1990-93 1993-96 1997-99 1999-2008 2008 till date
Flour 20 paisa 25 paisa 50 paisa Rs 1 Rs 2.50 Rs 3.25 Rs 4 Rs 6.60 Rs 8 Rs 17 Rs 24.13
Sugar 60 paisa 75 paisa Rs 1.75 Rs 6 Rs 9 Rs10 Rs 13 Rs 21 Rs 21 Rs 30 Rs 73.34
Ghee Rs 2.50 Rs 3 Rs 5 Rs 9 Rs 15 Rs 20 Rs 32 Rs 48 Rs 48 Rs 135 Rs 186.75
Dal 25 paisa 35 paisa Rs 1.50 Rs 2.50 Rs 9 Rs 10 Rs 18 Rs 18 Rs 20 Rs 42 Rs 117.92
Meat Rs 1.25 Rs 1.75 Rs 12 Rs 16 Rs 40 Rs 50 Rs 80 Rs 110 Rs 110 Rs 285 Rs 375.02
Petrol 15 paisa 0.35 paisa Rs 2.75 Rs 3.45 Rs 7.75 Rs 12 Rs 14 Rs 18.55 Rs 27 Rs 62 Rs 72.67


CONSUMER PRICE INDEX BY FOOD

FOOD ITEMS

WEIGHT (%) INDICES … CHANGE JULY, 2010 OVER
JUN-10 AUG-09 JUN-10 AUG-09
AUG-10 JUN-10 AUG-09 … IN % … IN % TAGE POINTS (IMPACT)
Food & beverages 40.34 271.35 258.19 234.69 5.10 15.62 2.29 6.45
Non-perishable food 35.20 260.72 257.22 233.38 1.36 11.72 0.54 4.26
Perishable food 5.14 344.16 264.76 243.72 29.99 41.21 1.74 2.19


MINIMUM WAGES PER MONTH IN PAK

YEARS PKR
1996 1650
1998 1950
2001 2500
2003 3000
2004 4000
2008 6000
2010 7000


US DOLLAR RATES  PER PAK RUPEE

YEARS LEADARS US $
1972 Z.A. Bhutto Rs 4.7
1977 Z.A. Bhutto Rs 9.9
1983 Gen Ziaulhaq Rs 13.1
1987 Gen Ziaulhaq Rs 17.7
1990 Benazir Bhutto Rs 24
1991 Nawaz Sharif Rs 25
1994 Benazir Bhutto Rs 30.6
1996 Benazir Bhutto Rs 40.3
1997-99 Nawaz Sharif Rs 53
1999-08 Pervaiz Musharraf Rs 62
2010 Yousaf Raza Gilani Rs 86.05


AVERAGE JULY –AUGUST OVER SAME PERIOD OF PREVIOUS YEAR CHANGE OF INDICES IN %

INDEX 2010-11 2009-10 2008-09
CPI 12.79 10.93 24.83
SPI 14.57 9.38 33.42
WPI 18.98 0.38 34.88


CORE INFLATION OF CPI (%)

MONTHS TRIMMED CORE INFLATION NON-FOOD & NON ENERGY CORE INFLATION
2009-10 2009-10
Sep 12.3 11.9
Oct 10.6 11.0
Nov 10.5 10.6
Dec 10.4 10.7
Jan 12.7 10.3
Feb 12.4 10.1
Mar 12.7 9.9
Apr 12.7 10.6
May 12.5 10.3
Jun 11.7 10.4


SENSITIVE PRICE INDICATOR (2000-01= 100)

INCOME GROUP AUG, 10 JUL, 10 AUG, 09 JUL, 10 AUG, 09
Lowest 271.58 264.02 235.70 2.86 15.22
Lowest but one 269.75 262.34 233.79 2.82 15.38
Highest but one 267.49 260.53 231.24 2.67 15.68
Highest 260.62 254.77 222.78 2.30 16.99
(Combined) 261.70 255.13 225.18 2.58 16.22


PAKISTAN: PRICES OF OIL PRODUCTS

MONTHS JP-1 JP-4 JP-8 PREMIUM MOTOR GASOLINE HOBC KEROSENE OIL LIGHT DIESEL OIL INTERNATIONAL MONTHLY OIL PRICES PER BARREL ($)
July -2009 45.82 43.05 48.13 62.13 78.78 59.35 54.94 64.59
Aug-2009 44.38 41.96 46.86 60.46 77.01 57.91 53.27 71.35
Sep-2009 48.12 46.06 50.56 65.26 80.39 60.60 56.96 67.17
Oct-2009 46.03 44.24 48.60 61.63 75.59 57.87 54.97 72.67
Nov-2009 48.37 45.68 50.91 61.63 75.59 57.87 54.97 76.29
Dec -2009 52.26 50.02 54.79 66.00 80.52 62.63 60.22 74.01
Jan-2010 50.70 49.61 53.39 65.11 79.43 60.75 58.10 76.01
Feb-2010 53.41 52.15 56.05 71.21 86.84 64.06 61.07 71.02
Mar-2010 51.25 49.69 53.96 70.57 86.06 61.50 59.47 77.08
April-2010 54.54 53.10 57.22 73.14 87.56 64.81 62.20 82.33
May-2010 58.46 55.54 61.24 75.08 89.19 68.89 65.76 74.48
June -2010 55.36 52.63 58.21 69.04 82.04 65.49 62.61 72.95
July -2010 55.20 51.46 58.04 67.95 80.61 65.38 61.66 72.51
Aug-2010 54.76 50.22 57.48 67.74 80.34 64.85 61.35 74.15
Sep-2010 55.45 51.56 58.22 67.26 79.85 65.57 62.67 74.34
Oct-2010 55.65 52.16 58.45 66.99 79.56 65.80 62.34 72.67