Pakistan - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Pakistan was 164.88 as of 2018. As the graph below shows, over the past 58 years this indicator reached a maximum value of 164.88 in 2018 and a minimum value of 2.05 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 2.05
1961 2.09
1962 2.08
1963 2.11
1964 2.20
1965 2.32
1966 2.49
1967 2.66
1968 2.66
1969 2.74
1970 2.89
1971 3.03
1972 3.19
1973 3.92
1974 4.97
1975 6.00
1976 6.43
1977 7.09
1978 7.52
1979 8.14
1980 9.11
1981 10.20
1982 10.80
1983 11.49
1984 12.18
1985 12.87
1986 13.32
1987 13.94
1988 15.18
1989 16.37
1990 17.85
1991 19.95
1992 21.85
1993 24.03
1994 27.00
1995 30.33
1996 33.48
1997 37.29
1998 39.61
1999 41.25
2000 43.05
2001 44.41
2002 45.87
2003 47.21
2004 50.72
2005 55.32
2006 59.70
2007 64.24
2008 77.27
2009 87.81
2010 100.00
2011 111.92
2012 122.75
2013 132.20
2014 141.70
2015 145.28
2016 150.75
2017 156.91
2018 164.88

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices