Weekly Inflation Down by 0.79 percent

Fri Apr 19 2024
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ISLAMABAD: The weekly inflation measured by the Sensitive Price Indicator (SPI), recorded a decline of 0.79 per cent for the combined consumption groups during the week closed on April 18, the Pakistan Bureau of Statistics (PBS) reported on Friday.

As per the PBS data, the SPI for the under reviewed week in the above-mentioned group was witnessed at 323.71 points against 326.29 points during the previous week.

As compared to the corresponding week of previous year, the SPI for the combined consumption group in the under reviewed week registered a rise by 28.54 per cent.

The weekly SPI with the base year 2015-16 =100 covers 17 urban centres and 51 essential commodities for all expenditure groups.

The SPI for the lowest consumption group up to Rs. 17,732, went down by 0.71 per cent and decreased to 313.72 points from 315.95 points in the last week.

Weekly Prices of Items

During the week, among 51 items, rates of 22 (43.14%) items went up, 11 (21.57%) items went down and 18 (35.29%) items remained constant.

The commodities, that registered a decline in their average prices on a week-on-week basis comprising wheat flour (8.97%), bananas (8.67%), electricity charges for q1 (7.16%), eggs (6.67%), lpg (2.84%) onion (1.40%), chilies powder (1.31%), cooking oil 5 litre (0.45%), pulse masoor (0.43%) and vegetable ghee 2.5 kg (0.34%).

The items witnessing an increase in their average prices on week-on-week basis included potatoes (17.07%), tomatoes (12.67%), chicken (11.60%), lawn printed and shirting (3.55%) each, garlic (2.88%), diesel (2.87%), beef (2.56), georgette (1.91%), pulse mash (1.62%), cooked beef (1.31%) and sugar (1.10%).

On Year-on-Year basis, the items that recorded a decline included bananas (35.20%), cooking oil 5 litre (20.91%), vegetable ghee 2.5kg (17.65%), vegetable ghee 1 kg (17.61%), mustard oil (13.83%), wheat flour (11.05%), LPG (6.14%), eggs (4.51%) and diesel (0.85%).

The items which witnessed an increase in their average rates on year-on-year basis included gas charges for Q1 (570.00%), onions (155.00%), tomatoes (126.94%), chilies powder (83.62%), gents sandal (66.71%), garlic (65.96%), gents sponge chappal (58.05%), salt powder (31.87%), chicken (30.91%), energy saver (29.83%), gur (27.99%) and pulse mash (26.39%).

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