Weekly inflation up 0.15pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended April 16 witnessed a nominal increase of 0.15pc when compared with the previous week, according to data released by the Pakistan Bureau of Statistics (PBS).

The SPI inflation for the combined consumption group was recorded at 125.16 points during the week under review, as against 124.97 points registered in the previous week.

The weekly SPI, with base year 2015-16=100, covers 17 urban centres and 51 essential items for all expenditure groups.

The SPI for the lowest consumption group, up to Rs 17,732, witnessed a 0.01pc decrease, from 130.15 points in the last week to 130.14 points during the week under review.

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Meanwhile, the SPI for the consumption groups from Rs17,733-Rs22,888, Rs22,889-Rs29,517, Rs29,518-Rs44,175 and above Rs44,175 per month nominally increased by 0.04pc, 0.09pc, 0.15pc and 0.20pc, respectively.

During the week under review, prices of eight items decreased, 16 items increased, while that of 27 items remained unchanged.

The items that recorded a decrease in their average prices included onions, garlic, eggs, LPG cylinder, wheat flour, sugar, mustard oil and vegetable ghee.

On the other hand, the commodities that recorded an increase in their average prices included pulse (masoor, mash, moong, gram), chicken, potatoes, rice (irri 6/9), tomatoes, rice (basmati broken), milk (fresh), firewood, bananas, beef, gur, curd and mutton.

Similarly, commodities that observed no change in their prices included bread, milk (powdered), cooking oil, salt, chillies, tea (packet), cooked beef, cooked daal, tea (prepared), cigarettes, long cloth, shirting, lawn, georgette, gents sandal, gents sponge chappal, ladies sandal, electricity charges, gas charges, energy saver, washing soap, matchbox, petrol, diesel, telephone call and toilet soap.

 

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