Inflation in Pakistan increase further: SBP Report

Inflation in Pakistan increase further: SBP Report

In Islamabad, the Sensitive Price Indicator (SPI) report from the PakistanBureau of Statistics (PBS) revealed that weekly inflation rose by 0.93% forthe week ending on September 21. Within this period, among the 51 itemsmonitored, prices increased for 22 items (43.14%), decreased for 11 items(21.57%), and remained stable for 18 items (35.29%).

The notable price increases were in Chicken (8.49%), Garlic (5.19%), Onions(3.02%), and non-food items like Petrol (8.51%), Diesel (5.54%), Shirting(1.81%), and Match box (1.42%). Conversely, prices decreased for Tomatoes(11.11%), Sugar (3.57%), Bananas (2.03%), Potatoes (1.89%), Wheat Flour(0.77%), Gur (0.62%), Mustard Oil (0.45%), Vegetable Ghee 2.5 kg (0.31%),Cooking Oil 5 litres (0.20%), Pulse Gram (0.18%), and Tea Lipton (0.17%).

Comparing prices on a Year-on-Year (YoY) basis, certain commodities sawaverage price increases, such as electricity charges for Q1 (118.16%), GasCharges for Q1 (108.38%), Cigarettes (94.69%), Rice Basmati Broken(88.43%), Chilies Powder (84.84%), Sugar (81.98%), Rice Irri-6/9 (81.04%),Wheat Flour (73.70%), Gur (72.86%), Tea Lipton (65.28%), Gents SpongeChappal (58.05%), Salt Powdered (56.48%), Gents Sandal (53.37%), PowderedMilk (43.33%), and Garlic (43.10%). Meanwhile, prices decreased forTomatoes (26.98%), Pulse Gram (2.90%), and Onions (2.00%).