Wholesale prices in Pakistan increased to 12.30 percent year-on-year in December of 2019 from an 11.81 percent increase in the previous month. Cost went up faster for metal products, machinery & equipment (11.03 percent vs 7.74 percent in November); other transportable goods except metal, machinery and equipment (6.26 percent vs 3.70 percent).On the other hand, prices increased softer for food products, beverages & tobacco, textiles, apparel & leather products (10.47 percent vs 11.02 percent); agriculture, forestry & fishery products (13.92 percent vs 14.20 percent), and ores & minerals, electricity, gas and water (22.12 percent vs 22.29). On a monthly basis, wholesale prices rose 0.45 percent, following a 0.05 percent gain in November Producer Prices Change in Pakistan averaged 8.58 percent from 2000 until 2019, 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. source: Pakistan Bureau of Statistics
Producer Prices Change in Pakistan is expected to be 13.00 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 10.00 in 12 months time. In the long-term, the Pakistan Wholesale Prices Change is projected to trend around 12.00 percent in 2020, according to our econometric models.