Wholesale prices in Pakistan rose 3.3% year-on-year in August of 2020, up slightly from a 3.2% increase in July. It was the highest rate since April, mainly driven by prices of food, beverages & tobacco, textiles, apparel & leather products (10.9% vs 10.2%); agriculture, forestry & fishery products (10.1% vs 10.7%); metal products, machinery & equipment (13.4% vs 13.8%). In contrast, cost continued to plunge for other transportable goods except metal, machinery & equipment (-14.3% vs -13.4%). On a monthly basis, wholesale prices were up 1.3%, after jumping 5.4% in the previous month.
Producer Prices Change in Pakistan averaged 8.78 percent from 2000 until 2020, reaching an all time high of 35.90 percent in August of 2008 and a record low of -3.70 percent in March of 2015. This page provides - Pakistan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan Wholesale Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Pakistan Bureau of Statistics
Producer Prices Change in Pakistan is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Pakistan to stand at 12.00 in 12 months time. In the long-term, the Pakistan Wholesale Prices Change is projected to trend around 4.00 percent in 2021, according to our econometric models.