ISLAMABAD: Pakistan Bureau of Statistics (PBS) on Monday released data ofthe sensitive price index showing a decline of over one percent ininflation across the country during the last week of February 2020 with 11household items witnessing lowering of prices.
The sensitive price index for the week ended on 27 February issued by PBScovered 17 urban centres and 51 essential items for all expenditure groupsto determine the inflation rates.
A report of the PBS was also presented to the Prime Minister Imran Khan.
The index showedlinkthatthe inflation rate during the last week of February in 2019 remained at14.60 for all income groups and witnessed a 1.16 percent decline during thesame period of the ongoing year.
The basic food items that witnessed a decline in prices included potatoesshowing 83 percent decrease in prices, tomatoes 60 percent, eggs 26percent, vegetables 11 percent and flour five percent.
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“The liquefied petroleum gas (LPG) and electricity prices showed a 13percent decline in last week mainly owing to prime minister’s decision topass on the benefit of low fuel prices in the international market tomasses,” it said as gas charges witnessed a surge of upto 55 percent.
Onion witnessed the most surge in prices with 145 percent rise followed bypulse Moong with 89 percent, vegetable ghee 33 percent, bananas 30 percent,beef and milk upto nine percent.
“The fruits and pulses also witnessed an increase in four and two percentrespectively,” the report said.
