Weekly inflation rises to 44.6pc

33

Inflation measured by the Sensitive Price Index (SPI) continued to climb in the week that ended on August 25, jumping to a record 44.58 per cent year-on-year.

Data shared by the Pakistan Bureau of Statistics (PBS) on Friday showed that the index rose due to higher prices of essential food items — tomatoes, onions, pulses and cooking oil — and fuel.

Prior to this, the highest year-on-year weekly inflation figure was 42.3pc, which was recorded for the week ending on Aug 18.

The latest data showed that the SPI increased 1.83pc week-on-week. It had risen 3.35pc last week.

Previous articleNawaz, Zardari among others booked under penal laws
Next articleProtest lodged with India over Pak prisoner’s killing in IIOJK