Weekly inflation decreases by 0.78%

SPI data shows an increase of 34.25% in prices of essential commodities on yearly basis  

The Sensitive Price Indicator (SPI) recorded that weekly inflation decreased by 0.78% for the week ended on February 15, 2024, while on yearly basis, the trend depicts an increase of 34.25% in the prices of essential commodities.  

According to the latest data released by the Pakistan Bureau of Statistics (PSB), a major decrease was observed in the prices of eggs (28.82%), chicken (4.23%), onions (3.48%), LPG (2.85%), gur (1.13%), wheat flour (0.32%), tomatoes (0.29%), pulse masoor (0.28%) and mustard oil (0.18%).

On the other hand, price increase was observed in the prices of bananas (4.64%), potatoes (2.80%), matchbox (1.31%), long cloth (1.29%), cooked daal (0.77%), shirting (0.63%), energy savers (0.62%), pulse moong & rice basmati (0.56%) each, mutton (0.48%), cooked beef (0.39%) and pulse mash (0.35%).

During the week, out of 51 items, prices of 22 (43.14%) items increased, 11 (21.57%) items decreased and 18 (35.29%) items remained stable.

The year-on-year trend depicts an increase of 34.25%, gas charges for Q1 (1108.59%), tomatoes (134.09%), chilies powder (81.74%), cigarettes (77.13%), wheat flour (66.12%), gents sponge chappal (58.05%), sugar (54.59%), gents sandal (53.37%), gur (49.38%), salt powdered (39.97%) tea Lipton (33.22%), garlic (32.06%). 

On a yearly basis, a decrease was observed in the prices of bananas (18.29%), mustard oil (15.67%), vegetable ghee 1 KG (15.34%), cooking oil 5 litre (10.35%), vegetable ghee 2.5 KG (9.56%), LPG (8.50%) and diesel (0.33%).

A Sensitive Price Indicator (SPI) is computed every week to assess the price movement of essential commodities at a shorter interval of time to review the price situation in the country. SPI comprises 51 essential items collected from 50 markets in 17 cities of the country.

1 COMMENT

  1. I did not wanted shabaz sharif and nawaz Sharif to become a prime minister fear enough they band pti I know imran Khan won the seat sharif family cheated second time at least you should have give someone else chance to become a prime minister now shabaz sharif made petrol expensive food price expensive he made everything expensive now enjoy it you lot fault open your eyes shabaz sharif is turning everything upside down he is destroying Pakistan country he dont care about you or me

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