Inflation in Pakistan increase further: SBP Report
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In Islamabad, the Sensitive Price Indicator (SPI) report from the Pakistan Bureau of Statistics (PBS) revealed that weekly inflation rose by 0.93% for the week ending on September 21. Within this period, among the 51 items monitored, 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 saw average price increases, such as electricity charges for Q1 (118.16%), Gas Charges 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 Sponge Chappal (58.05%), Salt Powdered (56.48%), Gents Sandal (53.37%), Powdered Milk (43.33%), and Garlic (43.10%). Meanwhile, prices decreased for Tomatoes (26.98%), Pulse Gram (2.90%), and Onions (2.00%).
