Weekly SPI soars 44.58pc YoY

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The Sensitive Price Indicator (SPI) for the week ended August 25, 2022, recorded an increase of 44.58 percent on a year-on-year basis, mainly due to an increase in prices of food and non-food items, the Pakistan Bureau of Statistics (PBS) said.

The SPI for the week ended August 25, 2022, recorded an increase of 1.83 per cent on a week-on-week basis due to an increase in food items prices including tomatoes (43.09per cent), onions (41.13per cent), potatoes (6.32 per cent), eggs (3.43 per cent), garlic (2.23 per cent), powdered milk (1.53 per cent) and pulse mash (1.12 per cent) and non-food items cigarettes (2.26 per cent) and LPG (1.95 per cent).

The year-on-year trend depicts an increase of 44.58 percent mainly due to an increase in prices of tomatoes (178.10 per cent) and onions (155.14 per cent).—APP

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