Short term inflation goes up 0.44%

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.44 percent for the combined consumption groups during the week ended on October 03, the Pakistan Bureau of Statistics (PBS) reported on Friday.
According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 319.17 points as compared to 317.76 points during the past week.
During the week, out of 51 items, prices of 21 (41.18%) items increased, 10 (19.61%) items decreased and 20 (39.21%) items remained stable.
The items, which recorded major decrease in their average prices on a week-on-week basis included eggs (1.45%), sugar (1.39%), diesel (1.32%), bananas (1.29%), potatoes (1.08%), petrol (0.81), pulse mash (0.80%), gur (0.59 %), rice basmati broken (0.53%) and pulse masoor (0.38%).
The commodities which recorded major increase in their average prices on week-on-week basis included tomatoes (18.51%), onions (5.89%), chicken (3.72%), wheat flour (3.63%), garlic (2.47%), pulse gram (1.41%), LPG (0.98%), match box (0.97%), pulse moong (0.92%), mustard oil (0.58%), firewood (0.51%) and cigarettes (0.10%).
On-year basis, the commodities that witnessed decrease included wheat flour (35.67%), petrol (23.51%), diesel (22.48%), chilies powder (20.00%), electricity charges for q1 (13.47%), sugar (12.65%), cooking oil 5 litre (10.74%), rice basmati broken (10.34%), pulse masoor (7.90%), vegetable ghee 2.5 kg (6.04%), gur (5.66%) and LPG (3.94%).
The commodities which recorded an increase in their average prices on year-on-year basis included gas charges for Q1 (570.00%), pulse gram (65.33%), onions (43.49%), tomatoes (41.58%), powdered milk (25.36%), beef (24.97%), chicken (24.90%), shirting (20.17%), pulse moong (16.29%), salt powder (15.38%), georgette (13.81%) and energy saver (12.87%).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

SBP approves pilot operations for digital payment providers amidst rapid growth...

ISLAMABAD: The State Bank of Pakistan (SBP) has granted in-principle approvals to Toko Lab Private Limited and Accept Technologies Private Limited (operating as PayMob)...