ISLAMABAD: Consumer prices witnessed an increase in the current week on the back of wheat flour, gas, diesel, onion, rice, eggs, cigarettes and bananas, taking the weekly inflation to about 45 percent (44.49%) on an annual basis, according to the official data mentioned on Friday.
The short-term inflation, assessed by Sensitive Price Indicator (SPI) for the current week till April 6, 2023, witnessed a surge of 0.92%, mentioned by PBS (Pakistan Bureau of Statistics) in its report.
Major Increase in Price of Food Items
Meanwhile, a major increase was witnessed in the prices of food items, including chicken (15.87%), sugar (13.48%), bananas (4.95%), potatoes (5.11%), wheat flour (3.10%), eggs (1.26%), milk fresh (1.24%) and gur (2.12%).
On the other hand, a decline was observed in the prices of tomatoes (14.96%), onions (12.66%), LPG (3.73%), vegetable ghee 2.5 Kg (0.71%), pulse gram (1.20%), garlic (0.16%) and mustard oil (0.03 percent).
During the week, out of 51 items, prices of 27 (52.94%) items went up, 07 (13.73%) items went down, and 17 (33.33%) items remained stable.
The year-on-year trend depicted an increase of 44.49percent. The increase was witnessed in ates of cigarettes (165.88%), wheat flour (131.72%), gas charges for Q1 (108.38%), diesel (102.84percent), eggs (98.34%), tea Lipton (97.63percent), rice basmati broken (84.92%), bananas (82.23%), petrol (81.17percent), rice irri-6/9 (80.61%), pulse moong (68.14percent), potatoes (65.95%), pulse mash (56.70%) and onions (55.75percent).
However, the prices of tomatoes (50.39%) and powdered chillies (6.48%) declined in the outgoing week.
