ISLAMABAD: The weekly inflation, measured by SPI (Sensitive Price Indicator), went up by 0.96 percent for the combined consumption group during the last week till 16 March, reported by PBS (Pakistan Bureau of Statistics) on Friday.
The Sensitive Price Indicator for the week under review in the above-mentioned group was witnessed at 246.22 points against 243.87 points during the earlier week, according to the data.
The weekly SPI (Sensitive Price Indicator) with the base year 2015-16 = 100 covers 17 urban spots and 51 basic commodities for all expenditure groups.
The Sensitive Price Indicator for the lowest consumption group up to Rs17,732 recorded an increase of 0.59 percent and reached 250.37 points from 248.90 points last week.
Meanwhile, the Sensitive Price Indicator for the consumption group from Rs17,732-22-888, Rs22,889-29,517, Rs29,518-44,175 and above Rs44,175 recorded an appreciation of 0.66 percent, 0.78 percent, 0.83 percent, and 1.40 percent respectively.
Weekly Increase in Prices of Different Items
Similarly, during the recent week, prices of 28 (54.90%) items went up, 11 (21.57%) items decreased and 12 (23.53%) items remained stable out of 51 items in total.
The items that witnessed an increase in their average prices on a week-on-week (WoW) basis comprised tomatoes (18.06%), tea packets (9.26%), potatoes (4.52%), sugar (2.70%), bananas (4.00%), wheat flour (2.40%), vegetable ghee 2.5 kg (1.16%) and cooking oil 5 lliters(1.20%) petrol (1.84%) and diesel (4.65%).
Weekly Decrease in Prices of Different IItems
The items which witnessed a decline in their average prices on a week-on-week (WoW) included chicken (5.97%), onions (15.91%), garlic (5.73%), pulse masoor (2.27%), LPG (1.90%), eggs (2.26%), vegetable ghee 1 kg (1.39%), mustard oil (0.64%), pulse mash (1.08%), pulse gram (1.24%) and pulse moong (0.84%).
On a year-on-year (YoY) basis, the commodities that witnessed an increase in prices included cigarettes (165.86%), onions (233.89%), gas charges for q1 (108.38%), tea Lipton (81.29%), diesel (102.84%), petrol (81.17%), rice basmati broken (78.10%), rice irri-6/9 (78.75%), bananas (77.84%), pulse moong (69.44%), wheat flour (56.27%), eggs (72.19%) and bread (55.36%)
Meanwhile, the commodities which recorded a decline in their average prices on a YoY basis comprised tomatoes (21.87%) and chillies powdered (7.42%).
