In January, the prices of wheat and wheat flour in Pakistan reached an all-time high with an increase of 6.35% and 6.33% respectively, compared to the previous month. This was in contrast to a marginal decline observed in the prices in USA, Australia and India.
General inflation, based on Consumer Price Index (CPI) increased by 8.1% year-on-year basis compared to 7.9% in the previous month and 10.1% in January 2012.
Prices of most non-cereal essential food commodities showed marginal to modest increase. However, for the poultry products, the price of chicken increased by 9.8% while that of eggs decreased by 8.9%
The price of petroleum products remained fairly stable.
Further deterioration was observed in the purchasing power of poor households.