Weekly inflation eases marginally, rises 29.4% YoY

Out of 51 items monitored, prices for four items increased, 18 decreased, and 29 remained unchanged

The Weekly Sensitive Price Indicator (SPI) decreased by 0.09% over the week ending March 28, 2024, while it recorded a year-over-year increase of 29.41%.

The Pakistan Bureau of Statistics (PBS) reported that the Combined Index stood at 323.20, down from 323.50 the previous week, compared to 249.75 a year earlier.

In the review period, of the 51 monitored items, prices for four items increased, 18 decreased, and 29 remained unchanged.

Significant price declines included tomatoes (12.04%), wheat flour (3.80%), garlic (2.59%), LPG (2.42%), and wheat (2.09%). Conversely, notable price increases were seen in chicken (4.92%), eggs (1.61%), shirting fabric (0.56%), and rice Irri 6/9 (0.15%).

The SPI decreased across all income groups, with reductions ranging from 0.03% to 0.27%. The lowest income group saw a 0.27% decrease, while the highest income group’s SPI fell by 0.03%.

Annually, the SPI rose across all income groups, with increases between 22.15% and 33.5%. 

The lowest income group experienced a 22.15% rise, and the highest income group saw a 26.58% increase.

The average price for Sona urea per 50 kg bag was Rs4,828, a slight decrease from the previous week but 69.56% higher than the previous year. 

Cement prices averaged Rs1,220 per 50 kg bag, slightly lower week-over-week and 8.47% higher than last year.

 

1 COMMENT

  1. HOW I FINALLY RECOVERED MY LOST BITCOIN:
    Do you need help on how to recover lost or stolen Bitcoin from fake  investment scammers? I lost all my Bitcoin to a fake investment scam to someone I met online. After losing my Bitcoin investments, I was determined to find a solution. I started searching for help legally to recover my funds, and I came across a lot of Testimonies about  GEO COORDINATES HACKER. I am incredibly grateful for the exceptional service, and wanted to inform you all about this positive outcome. They emphasized their excellent strategy for Bitcoin recovery. In order to assist people and companies in recovering their lost or stolen cryptocurrencies. They guarantee that misplaced bitcoins have an opportunity to be recovered with their excellent services. If you or anyone you know ever finds yourselves in a similar unfortunate situation, I highly recommend reaching out to GEO COORDINATES HACKER. Contact Info Email:
    ( [email protected] )
    Email; ( [email protected] )Telegram ( @Geocoordinateshacker )Website; https://geovcoordinateshac.wixsite.com/geo-coordinates-hack

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read