ISLAMABAD: The Pakistan Bureau of Statistics (PBS) reported on Friday that the weekly inflation, measured by the Sensitive Price Indicator, witnessed a decrease of 0.42 per cent for the combined consumption group during the week ended on May 25.
The SPI for the lowest consumption group up to Rs17,732 witnessed a 0.43 per cent decrease and went down to 260.77 points from last week’s 261.65 points.
Weekly Inflation Decrease in Pakistan
The Sensitive Price Indicator (SPI) for the consumption group Rs 17,732-22,888 , Rs 22,889-29,517, Rs 29,518-44,175; and above Rs 44,175 witnessed a decrease of 0.38 per cent, 0.39 per cent , 0.41 per cent and 0.44 per cent respectively.
During the current week, out of 51 items, prices of 18 (35.30%) items increased, 16 (31.37%) items decreased and 17 (33.33%) items remained constant.
The commodities items, which recorded a decline in their average prices on a week-on-week (WoW), included Chicken (8.91%), Wheat Flour (3.33%), Eggs (3.03%), Garlic (2.83%), Tomatoes (2.61%), Onions (2.22%), Bananas (2.04%), Pulse Moong (1.51%), Pulse Masoor (1.26%), Cooking Oil 5 Litre (1.01%) and non-food item, LPG (3.44%).
Similarly, the items that recorded an increase in their average prices on a week-on-week (wow) basis, included Energy Saver (4.91%), Long Cloth (2.75%), Rice
Basmati Broken (1.86%), Cooked Beef (1.32%), Mutton (1.22%), Milk Fresh (1.20%), Shirting (1.14%) and Beef (1.03%).
The commodities that witnessed a decrease in price on Year-on-Year (YOY) basis, included Tomatoes (43.49%) and Onions (33.74%).
On a Year-on-Year (YoY) basis, the commodities which recorded an increase in their average prices included Cigarettes (138.50%), Tea Lipton (114.93%), Wheat Flour (110.17%), Gas Charges for Q1 (108.38%), Gents Sponge Chappal (100.33%), Bananas (99.58%), Potatoes (98.10%), Rice Basmati Broken (81.24%), Rice Irri-6/9 (79.96%), Petrol (79.85%), Diesel (78.68%), Eggs (69.55%), Pulse Moong (63.18%), Bread (63.17%) and Pulse Mash (55.93%).