Times of Islamabad

Inflation in Pakistan rises further significantly

Inflation in Pakistan rises further significantly

According to a report from the Pakistan Bureau of Statistics (PBS) releasedon Friday, the Sensitive Price Indicator (SPI) indicated a weekly inflationincrease of 0.96 percent for the week ending on September 7.

During this period, the SPI for the mentioned group reached 279.87 points,up from 277.21 points in the previous week. Among the 51 items considered,32 saw price increases, 5 experienced decreases, and 14 remained stable.

Notable items that saw price decreases on a week-on-week (WoW) basisincluded chicken (3.20%), 5-liter cooking oil (1.03%), 2.5 kg vegetableghee (0.47%), tea packets (0.43%), and 1 kg vegetable ghee (0.14%).

Conversely, items that saw price increases on a WoW basis included tomatoes(17.00%), masoor pulse (10.87%), sugar (6.73%), garlic (4.66%), gur(3.62%), moong pulse (3.55%), onions (3.43%), and gram pulse (3.25%). Inthe non-food category, diesel (6.28%), LPG (5.19%), and petrol (5.12%) alsoexperienced price hikes.

On a year-on-year (YoY) basis, some commodities experienced pricedecreases, including tomatoes (34.77%), onions (23.44%), and electricityfor q1 (21.96%). In contrast, certain commodities saw YoY price increases,such as wheat flour (117.71%), gas charges for q1 (108.38%), sugar(107.36%), cigarettes (100.16%), rice basmati broken (90.66%), tea packets(88.41%), chilies powder (86.05%), rice irri-6/9 (84.18%), gur (72.83%),gents sponge chappal (58.05%), gents sandal (53.37%), salt powdered(52.07%), powdered milk (42.45%), and bread (42.33%).