logo
June CPI inflation clocks in at 3.2pc YoY

June CPI inflation clocks in at 3.2pc YoY

Business Recorder13 hours ago
ISLAMABAD: The Consumer Price Index-based inflation clocked in at 3.2 percent on year-on-year basis in June 2025 as compared to 3.5 percent of the previous month and 12.6 percent in June 2024, says the Pakistan Bureau of Statistics (PBS).
On a month-on-month (MoM) basis, it increased by 0.2per cent in June 2025 as compared to a decrease of 0.2per cent in the previous month and an increase of 0.5per cent in June 2024.
The CPI inflation Urban decreased to three per cent on a year-on-year basis in June 2025 as compared to 3.5per cent of the previous month and 14.9per cent in June 2024. On a month-on-month basis, it remained stable at 0.1per cent in June 2025 as compared to 0.1per cent in the previous month and 0.6per cent in June 2024.
The CPI inflation Rural increased by 3.6per cent on a year-on-year basis in June 2025 as compared to an increase of 3.4per cent in the previous month and 9.3per cent in June 2024. On a month-on-month basis, it increased by 0.5per cent in June 2025 as compared to a decrease of 0.5per cent in the previous month and an increase of 0.3per cent in June 2024.
The Sensitive Price Index (SPI)-based inflation on YoY decreased by 1.9per cent in June 2025 as compared to a decrease of 0.6per cent a month earlier and an increase of 16.6per cent in June 2024. On a MoM basis, no change measured in June 2025 as compared to a decrease of one per cent a month earlier and an increase of 1.3per cent in June 2024.
The Wholesale Price Index (WPI)-based inflation on YoY basis increased by 0.6per cent in June 2025 as compared to an increase of 0.4per cent in the previous month and 10.6per cent in June 2024. On a month-on-month basis, it increased to 0.6per cent in June 2025 as compared to no change in the previous month and an increase of 0.4per cent in June 2024.
Measured by non-food non-energy Urban decreased to 6.9per cent on YoY basis in June 2025 as compared to 7.3per cent of the previous month and 12.2per cent in June 2024. On MoM basis, it increased by 0.2per cent in June 2025 as compared to an increase of 0.4per cent measured in the previous month and an increase of 0.6per cent in the corresponding month of last year i.e. June, 2024.
Measured by non-food non-energy Rural decreased to 8.6per cent on YoY basis in June 2025 as compared to 8.8per cent of the previous month and 17per cent in June 2024. On MoM basis, it increased by 0.7per cent in June 2025 as compared to an increase of 0.4per cent measured in the previous month and an increase of 0.9per cent in corresponding month of last year i.e. June 2024.
Core inflation (trimmed) measured by 20per cent weighted trimmed mean Urban decreased to 4.7per cent on YoY basis in June 2025 as compared to 4.9per cent of the previous month and 10.3per cent in June 2024. On MoM basis, it increased by 0.3per cent in June 2025 as compared to an increase of 0.1per cent in the previous month and an increase of 0.6per cent in corresponding month of last year i.e. June 2024.
Measured by 20per cent weighted trimmed mean Rural increased by 5.2per cent on YoY basis in June 2025 as compared to an increase of 4.7per cent of the previous month and 11per cent in June 2024. On MoM basis, it increased by 0.5per cent in June 2025 as to compared a decrease of 0.2per cent in the previous month and an increase of 0.5per cent in corresponding month of last year i.e. June 2024.
The National Consumer Price Index (NCPI) for June 2025 is increased by 0.23 per cent over May 2025 and increased by 3.23 per cent over corresponding month of the last year.
The Urban Consumer Price Index for June 2025 is increased by 0.08per cent over May 2025 and increased by 3per cent over corresponding month of the last year.
Prices of the following food items witnessed an increase on MoM basis, tomatoes 57.33per cent, potatoes 25.74per cent, onions 15.26per cent, eggs 8.82per cent, gur 2.75per cent, rice 1.67per cent, wheat flour 1.53per cent, sugar 1.52per cent, fresh fruits 1.38per cent, milk powder 0.78per cent, milk fresh 0.40per cent, milk products 0.35per cent, moong 0.21per cent, besan 0.21per cent, meat 0.20per cent and pulse gram 0.18per cent.
Copyright Business Recorder, 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Palm ends higher on better demand, likely lower June production
Palm ends higher on better demand, likely lower June production

Business Recorder

time2 hours ago

  • Business Recorder

Palm ends higher on better demand, likely lower June production

JAKARTA: Malaysian palm oil futures closed higher on Wednesday, snapping two straight sessions of losses, supported by higher demand, a soyoil rally and the possibility of lower production in June. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 95 ringgit, or 2.39%, to 4,063 ringgit ($961.4) a metric ton at the close. 'Overall market sentiment has improved and demand has returned to normalcy. With our preliminary assessment on lowerproduction in June and the soyoil rally, all helped palm prices to remain competitive,' said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. India's palm oil imports soared to an 11-month high in June, driven by lower domestic inventories and a price discount to rivals soyoil and sunflower oil that encouraged refiners to ramp up purchases. Dalian's most-active soyoil contract rose 0.63%, while its palm oil contract gained 1.52%. Soyoil prices on the Chicago Board of Trade were 1.12% higher. Malaysian palm oil slips Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Exports of Malaysian palm oil products for June rose 4.3% month-on-month, according to independent inspection company AmSpec Agri Malaysia, while according to Intertek Testing Services, they grew 4.7%. Indonesia's crude and refined palm oil exports soared 53% in May from a year ago, data from the statistics bureau showed, as the tropical oil started trading at a discount to its rivals, boosting demand from key buyers. The ringgit, palm's currency of trade, weakened 0.71% against the dollar, making the commodity cheaper for buyers holding foreign currencies.

Australia's Qantas says 6 million customer accounts accessed in cyber hack
Australia's Qantas says 6 million customer accounts accessed in cyber hack

Business Recorder

time7 hours ago

  • Business Recorder

Australia's Qantas says 6 million customer accounts accessed in cyber hack

A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia's biggest breach in years and a setback for an airline rebuilding trust after a reputational crisis. The hacker targeted a call centre and gained access to a third-party customer service platform containing six million names, email addresses, phone numbers, birth dates and frequent flyer numbers, Qantas said in a statement on Wednesday. The airline did not specify the location of the call centre or customers whose information was compromised. It said it learnt of the breach after detecting unusual activity on the platform and acted immediately to contain it. 'We are continuing to investigate the proportion of the data that has been stolen, though we expect it will be significant,' Qantas said, reporting no impact on operations or safety. Last week, the US Federal Bureau of Investigation said cybercrime group Scattered Spider was targeting airlines and that Hawaiian Airlines and Canada's WestJet had already reported breaches. Qantas did not name any group. 'What makes this trend particularly alarming is its scale and coordination, with fresh reports that Qantas is the latest victim' of a hack, said Mark Thomas, Australia director of security services for cyber security firm Arctic Wolf. Qantas shutters Singapore-based Jetstar Asia on rising costs, competition Scattered Spider hackers are known to impersonate a company's tech staff to gain employee passwords and 'it is plausible they are executing a similar playbook', Thomas said. Charles Carmakal, chief technology officer of Alphabet-owned cybersecurity firm Mandiant, said it was too soon to say if Scattered Spider was responsible but 'global airline organisations should be on high alert of social engineering attacks'. Qantas' share price was down 2.4% in afternoon trading against an overall market that was up 0.8%. Unwelcome attention The breach is Australia's most high-profile since those of telecommunications network operator Optus and health insurance leader Medibank in 2022 prompted cyber resilience laws including mandatory reporting of compliance and incidents. It brings unwelcome attention to Qantas which is trying to win public trust after actions during and after the COVID-19 pandemic saw it plunge on airline and brand league tables. Qantas was found to have illegally sacked thousands of ground workers during the 2020 border closure while collecting government stimulus payments. It also admitted selling thousands of tickets for already-cancelled flights. The airline drew the ire of opposition politicians who said it lobbied the federal government in 2022 to refuse a request from Qatar Airways to sell more flights. Qantas denied pressuring the government which eventually refused the request - a move the consumer regulator said hurt price competition. Qantas CEO Vanessa Hudson has improved the airline's public standing since taking office in 2023, reputation measures showed. 'We recognise the uncertainty this will cause,' Hudson said of the data breach. 'Our customers trust us with their personal information and we take that responsibility seriously.' Qantas said it notified the Australian Cyber Security Centre, the Office of the Australian Information Commissioner and the Australian Federal Police. ACSC declined to comment and AFP said only that it was aware of the incident. The OAIC was not immediately available for comment. The airline said the hacker did not access frequent flyer accounts or customer passwords, PIN numbers or log in details.

Copper gains as traders likely to continue shipping ahead of possible US tariffs
Copper gains as traders likely to continue shipping ahead of possible US tariffs

Business Recorder

time7 hours ago

  • Business Recorder

Copper gains as traders likely to continue shipping ahead of possible US tariffs

SINGAPORE: Copper rose on the London Metal Exchange and Shanghai Futures Exchange on Wednesday, as traders are expected to continue rushing metal shipments to the US ahead of potential import tariffs, further tightening already low inventories elsewhere. The most-traded copper contract on the SHFE gained 0.62% to 80,520 yuan ($11,238.43) per metric ton, as of 0105 GMT, or the highest price range so far in 2025 around the latter half of March, and the three-month copper on the LME inched up 0.12% to $9,945.5. 'Other than expectations of better demand from China with higher PMI in May and the US with better job market, low copper inventories at the SHFE and LME amid the continuing shipment to the US before the imposition of the import tariffs have been supportive to the price,' a Beijing-based metals analyst from a futures company said. Copper hits three-month high on stronger China data Copper stocks in LME-registered warehouses dropped 66% since the middle of February to 91,250 tons, and copper inventories in the warehouses monitored by the SHFE also fell by 66% since early March to 81,550 tons as of last Friday. Copper inventories in China typically rise in the summer months due to low seasonal demand. 'US Treasury Secretary Scott Bessent said that Washington's negotiations with Beijing will focus first on reciprocal tariffs, and only later on duties on copper and other raw materials,' ANZ said. 'A delayed decision on tariffs would justify a premium on US copper, giving traders more time to ship metal before levies take effect.' SHFE aluminium gained 0.61% to 20,685 yuan a ton, tin gained 0.4% to 268,420 yuan, lead inched up 0.2% to 17,170 yuan, nickel grew 0.16% to 120,580 yuan, while zinc fell 0.4% to 22,165 yuan. LME aluminium gained 0.33% to $2,607 a ton, lead gained 0.2% to $2,042, and zinc inched up 0.06% to $2,715.5.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store