Islamabad: The Sensitive Price Index (SPI) reported a decrease of 0.19% during the week ending on September 15, according to a report from the Pakistan Bureau of Statistics (PBS), which resulted in a minor decrease in weekly inflation.
According to the Bureau, out of 51 goods, 30 (58.82%) saw price increases during the week under review, while 10 (19.61%) saw price decreases. The prices of 11 (21.57%) items remained steady.
The article also stated that “the SPI for the week ended on September 15, 2022, registered a decline of 0.19%.”
Inflation soars past 27% in August; highest in 49 years
The weekly inflation rate, however, was 40.58% on an annual basis.
Major Weak-on-Weak price drop
- Onions 16.24%
- Tomatoes 9.84%
- LPG 2.62%
Major Weak-on-Weak price increase
- Tea Lipton 190 gm 6.30%
- Pulse Moong (Washed) 3.46%
- Eggs 2.54
Major Year-on-Year increase
- Tomatoes 171.50%
- Diesel 105.12%
- Petrol Super 90.73%
The Sensitive Price Indicator (SPI) is computed on a weekly basis to assess the price movements of essential commodities at a shorter interval of time so as to review the price situation in the country. It comprises 51 essential items collected from 50 markets in 17 cities of the country.
