*ISLAMABAD: Inflation measured through Sensitive Price Index (SPI) posted ahefty increase of 3.68 percent for the week ended on July 28 data releasedby the Pakistan Bureau of Statistics (PBS) showed on Friday. *
According to details, the overall inflation rate in the country has reached37.67 percent after weekly inflation surged by 3.68 percent driven by asharp rise in the prices of essential items.
During the week, out of 51 items, prices of 30 items increased 07 itemsdecreased and 14 items remained constant, showed the data issued byPakistan Bureau of Statistics.
The weekly inflation spiked by 3.68pc due to an increase in prices ofessential items including tomatoes 17.53pc, LPG 7.02pc, pulse masoor4.18pc, pulse mash 2.87pc, puse gram 2.46, Pulse Moong (Washed) 2.02pc,Vegetable Ghee (2.5 kg) 1.80pc, Garlic 1.69pc, rice basmati (broken) 1.21pc.
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Meanwhile, the electricity charges for quarter 1 (Q1) witnessed an increaseof 26.11pc (Rs1.88). Prices of beef, mutton, sugar, milk and potatoes alsowitnessed an increase, while prices of onion, chicken, flour and eggsdecreased.
