Pakistan Weekly Inflation Slightly Up by 0.10%

Fri Nov 01 2024
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ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), recorded a slight increase of 0.10 % for the combined consumption groups during the week concluded on October 31, according to the Pakistan Bureau of Statistics (PBS) on Friday.

As per the PBS data, the SPI for the week under review in the above-mentioned group stood at 319.40 points against 319.09 points during the past week.

While comparing the corresponding week of last year, the SPI for the combined consumption group in the week under review recorded an increase of 14.45 %.

The SPI for the lowest consumption group of up to Rs 17,732 witnessed a decrease of 0.36 % and went down to 312.02 points from last week’s 313.16 points.

The SPI for consumption groups of Rs 17,732 to 22,888 also reduced by 0.40 %, however, for consumption groups from Rs 22,889-29,517 and Rs 29,518-44,175 it went up by 0.18 % and 0.32 % respectively.

According to PBS data the SPI for the consumption group above Rs 44,175, went down by 0.07 %.

During the week, out of 51 commodities, prices of 12 (23.53%) items went up, 12 (23.53%) items reduced and 27 (52.94%) items remained stable.

The items, which registered a major decrease in their average prices on a week-on-week basis included tomatoes (11.02%), onions (1.68%), chicken (10.57%), bananas (1.42%), pulse mash (0.98%), sugar (1.20%), gur (0.69%) and wheat flour (0.43%).

The commodities which saw major increase in their average prices on week-on-week basis included eggs (3.40%), LPG (1.92%), garlic (2.95%), mustard oil (1.49%), firewood (1.09%), pulse moong (1.27%), vegetable ghee 1kg (1.08%), vegetable ghee 2.5kg (0.50%), potatoes (0.30%) and curd (0.20%).

On-year basis, the items that recorded decrease included wheat flour (31.76%), chilies powder (20.00%), tomatoes (19.37%), diesel (17.05%), electricity charges for q1 (20.32%), petrol (12.77%), x cooking oil 5 litre (7.45%), sugar (7.16%), electricity charges for q1 (20.32%), bread (5.55%), eggs (3.93%) and washing soap (0.32%).

The commodities which recorded an increase in their average prices on year-on-year basis included, gas charges for Q1 (570.00%), powdered milk (25.57%), pulse gram (83.11%), pulse moong (39.09%), beef (23.53%), onions (17.95%), garlic (17.55%), cooked daal (15.14%), shirting (17.02%), mutton (13.68%), georgette (12.81%) and ladies’ sandal (12.52%).

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