ISLAMABAD: Inflation slightly increased by 0.15 percent on a weekly basis while it reached a record-high 46.82 percent on an annual basis, show the statistics.
In the recent week, 21 essential commodities became expensive while seven became cheaper in the country, while the prices of 23 remained stable. According to the weekly inflation report released by the Pakistan Bureau of Statistics, during the recent week ending April 27, 2023, the segment of the Pakistani society earning more than Rs44,175 per month was the most affected by inflation as the inflation rate stood at 48.23 percent for them.
The prices of 21 essential items, including daal mash, daal channa, potatoes, flour, eggs, beef, mutton, washing soap, bread, jaggery, chicken, rice, fresh milk and fresh yoghurt increased during the past week. Seven items, including onion, LPG, rice and mustard oil become cheaper. The prices of 23 essential commodities remained stable.
The price of potatoes went up by 8.22 percent, rice by 1.01 percent, flour by 2.65 percent, chicken by 1.75 percent, plain bread by 1.13 percent and jaggery by 1.23 percent. Tomatoes became cheaper by 19.20 percent, sugar by 1.19 percent, LPG by 1.09 percent, onion by 1.40 percent, lentils by 0.98 percent and mustard oil by 0.39 percent.
During the week ending April 13, the rate of inflation in the country had been 46.821 percent compared to the same period in 2022 in terms of the Sensitive Price Index (SPI). 41.54 percent is the annual inflation rate for those earning up to Rs17,732 per month, 46.39 percent for those earning between Rs17,732 and Rs22,888, 46.36 percent for those earning between Rs22,889 rupees and Rs29,517, 46.55 percent for those earning between Rs29,517 and Rs44,175 and 48.23 percent for those whose income exceeds Rs44,176 rupees per month.
