Consumer Price Index

miafridi

Prime Minister (20k+ posts)
Again no. Gdp is always calculated in PPP terms in national currency not some foreign currency. It is then converted to dollar for adjustment.
https://twitter.com/x/status/1173923661985636352

When we talk about per capita income in dollar terms, then we need to refer to the GDP number in dollar terms as well.

Read the Dawn link which I provided, and how it talks about GDP increase from $263 billion in 2020 to $296 billion in 2021 a $33 billion increase and therefore the per capita income increased from $1,361 in 2020 to $1,543 in 2021.

Note that Pakistan's GDP in dollar terms was estimated to be $320 billion something in 2018(just divide the GDP in rupees term by the dollar rate of that time so 34618/106= $326 billion) and it downsized to $260 billion something automatically after the huge devaluation despite the fact that it increased in rupees terms. Again you can calculate the GDP size by using the same formula above. Just for example GDP for 2021 was calculated like this : 47000(total GDP size in rupees) / 158(dollar rate at the time) = 297 which is what mentioned by the Dawn link I provided.
 

hammy_lucky

MPA (400+ posts)
What can anyone say about the haram khor patwari choutiay? All of a sudden truth is important for these supporters of traitors.

They don't think that 30+ years of corruption via debt financing had to be paid back. This government has paid 5 trillion rupees in interest payments alone. They expect us to ignore the debt accumulated by their illegitimate fathers all the while money laundering wealth abroad.

They can't name a single institute that was left in the surplus 3 years ago. Additionally, they can't list 3 developmental projects by their corrupt leaders that did not involve sand, cement, rocks or steel because commission.

No answers for their parties looting Pakistan's wealth and destroying the future for 220 million people, but have the gall to question a government that is trying to climb out of the hole.
Chotiay youthiay also thinks in black & white. For them, whoever criticises IK is a patwari.
 

hammy_lucky

MPA (400+ posts)
solution batao , criticism bohat suub le , 70 saal sy or ho bhe kia raha hy, solution batao , nawaz ko phir lay aain ya nani 420 ko ya billi rani or us ky abbay ko ???? ya wapis Army

Genuine democracy without interference of any sort.
By time sab kuch better ho jay ga

For IK. The least he could do was to appoint experts in their respective institutions to make them perform better.
 

arafay

Chief Minister (5k+ posts)
What is CPI?
The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.
CPI India
https://tradingeconomics.com/india/consumer-price-index-cpi
As per above data.
In the middle of 2018 the CPI was around 140 and now its around 162
This means a 15% increase over the last 3 years

Currency Exchange Rate to USD
August 18, 2018: 70
Today: 73.5
Devaluation in Currency: 5%

CPI Pakistan
https://tradingeconomics.com/pakistan/consumer-price-index-cpi
In the middle of 2018 the CPI was around 115 and now its around 147
In the same period the increase in Pakistan is 28% this means

Currency Exchange Rate to USD
August 18, 2018: 124
Today: 166
Devaluation in Currency: 34%

What do u say?

CPI is not that bad for Pakistan. It is almost the equal to the rupee devaluation. The main problem is food prices which have doubled in last 3 years.

Pakistan's population is growing at around 2% per year. This simply means we have to grow the production of wheat, rice, sugar and livestock by at least 2% per year else or else we will face shortages. For the past 15 years Pakistan's agricultural output has stagnated. As a result we have become an importer of grains and even vegetables!

We must grow agriculture by at least 4-5% in order to eliminate poverty and malnutrition in the masses.