One of our reader needed some help from us and here is her comment:
i need information of beurue of statistics of pakistan. that by which method they calculating price indexes pf market basket plz reply me fast i need this info urgently i shall b very thankful to you people
So i decided to answer her query and also to share it our other readers since i think it will help a lot of people doing research on this topic in and outside Pakistan. For the sake of clarity, i will rephrase the question asked by our reader.
Our reader is interested to know how all three Price Indexes are calculated in Pakistan and what method is used for this purpose. In, Pakistan we have three different price indexes namely Consumer Price Index (CPI), Wholesale Price Index (WPI) and Sensitive Price Index (SPI). These three price indexes are used and widely reported by our regulators and media to measure the inflation in Pakistan. However, CPI is mostly quoted since it is the most relevant measure for measuring general inflation trends in Pakistan.
I am attaching a document that is made available by State Bank of Pakistan to answer all such queries as you have just raised. The document contains the following:
1 All three Indices at a glance
2 Consumer Price Index in Pakistan
3 Sensitive Price Indicator in Pakistan
4 Wholesale Price Index in Pakistan
5 Concepts and methods for Calculating CPI, WPI and SPI in Pakistan
6 Utilizing a price index for calculating inflation in Pakistan : Example
7 Glossary of terms used in the document
8 Complete time-series of indices since base year in Pakistan
9 History of coverage of WPI and CPI in Pakistan
Annex-I: Statement showing city wise average retail prices of 53 essential items for the month of June, 2009 in Pakistan
Download the Document as made available by State Bank of Pakistan
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{ 4 comments… read them below or add one }
In every war may it be econmy or extremism the civilians are getting killed. The media is too busy still talking about NRO. NO1 will like to cover this and give it maximum time. The media should be playing a much better role at this time.
im visiting this site first time,
basically, i am a student of MBA (final) and I am doing a thesis on “exchange rate volatility and Pakistan Trade Performance”,
so, for this purpose I need the data regarding the variables which I must have to use in my thesis.
If there is someone, who may provide me the information about from where I can obtain the desired data, it would be a great favour for me..
I need data regarding;
Monthly Foreign reserves of Pakistan from the era 1980-2009
Monthly CPI of Pakistan from the era 1980-2009
Monthly imported Intermediate consumer goods from the era 1980-2009
Monthly imported capital goods in Pakistan from the era 1980-2009
Monthly Foreign CPI (USA) from the era 1980-2009
Monthly GDP data of Pakistan from 1980 – 2009
If some data is not available on monthly basis, then on quarterly basis can be the substitute..
waiting for anyone’s reply,
(can reply on my email mentioned above)
im visiting this site first time,
basically, i am a student of MBA (final) and I am doing a thesis on “exchange rate volatility and Pakistan Trade Performance”,
so, for this purpose I need the data regarding the variables which I must have to use in my thesis.
If there is someone, who may provide me the information about from where I can obtain the desired data, it would be a great favour for me..
I need data regarding;
Monthly Foreign reserves of Pakistan from the era 1980-2009
Monthly CPI of Pakistan from the era 1980-2009
Monthly imported Intermediate consumer goods from the era 1980-2009
Monthly imported capital goods in Pakistan from the era 1980-2009
Monthly Foreign CPI (USA) from the era 1980-2009
Monthly GDP data of Pakistan from 1980 – 2009
If some data is not available on monthly basis, then on quarterly basis can be the substitute..
waiting for anyone’s reply,
Today I visit this site first time and am the Student of MBA- I am looking the data of Consumer Price Index.