Weekly inflation in Pakistan surges by 0.94% WoW

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Weekly inflation

Islamabad: Weekly inflation in the country surged by 0.94% on a week-on-week basis, the Pakistan Bureau of Statistics (PBS) said in a report on Friday.

According to the Bureau’s report on weekly inflation, during the week that ended on September 29, the SPI recorded an increase of 0.94%. Out of 51 items, prices of 20 (39.22%) items increased, 10 (19.61%) items decreased, while prices of 21(41.17%) items remained stable, the PBS said.

During the week, an increase was observed in the prices of food items, Onions (47.77%), Tomatoes (30.29%), Tea Lipton (2.50%), Bread (1.74%); and non-food item, Washing Soap (1.13%).

On the other hand, a decrease was observed in the prices of LPG (4.14%), Wheat Flour (2.99%), Pulse Masoor (1.59%), Bananas (1.50%), Cooking Oil 5 litre (1.12%), Sugar (0.60%), Garlic (0.22%), Vegetable Ghee 2.5Kg (0.17%) and Vegetable Ghee 1Kg and Potatoes (0.13%) each.

Similarly, on a year-on-year basis, a 30.62% increase in prices was observed compared to the same week last year.

Weekly inflation Pakistan

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 Pakistan.

Weekly inflation drops by 8.11% WoW

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