The National Price Monitoring Committee (NPMC) on Wednesday expressed satisfaction over the wheat flour prices’ stability and availability of sufficient stocks of the commodity in the country.
The NPMC, the meeting of which was presided over by Federal Minister for Finance and Revenue, Shaukat Tarin, however expressed concerns on the slight increase in sugar prices in various cities owing to disruption in the supply caused by rain and fog.
Among others, the meeting was attended by Federal Minister for Industries and Production, Makhdoom Khusro Bakhtiar; Provincial Chief Secretaries, Economic Advisor Finance Division; Chief Statistician PBS, MD Utility Stores Corporation; Deputy Commissioner ICT and other senior officers.
On the occasion, Economic Adviser Finance Division apprised the NPMC on weekly Sensitive Price Index, which increased slightly by 0.08% in the week as compared to previous week when it decreased by 0.50%.
It was informed that 33 food items contributed decline in the SPI by 0.14%, whereas 18 non-food items contributed increase of 0.22%.
Prices of 07 items registered decline which contributed decline in the SPI by 0.46%. During the week, prices of tomatoes declined by 0.11%, chillies powder 0.26%, eggs 0.05% and others 0.04%.
NPMC was informed that prices of 22 items remained stable and 25 items registered increase in prices which contributed increase in the SPI by 0.54%.
