ISLAMABAD: The weekly inflation in Pakistan, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.71% for the combined consumption group during the week ended on 2 November, the Pakistan Bureau of Statistics (PBS) reported on Friday.
The SPI for the week under review in the above-mentioned group was registered at 279.08 points as compared to 277.11 points during the past week, as per the PBS data.
As compared to the same week of last year, the SPI for the combined consumption group registered an increase of 29.88%.
The weekly SPI with the base year 2015-16 =100 covers seventeen urban centers and 51 essential commodities for all expenditure groups.
The SPI for the lowest consumption group up to 17,732 rupees, increased by 0.85% and went up to 286.19 points from last week’s 283.77 points.
The SPI for consumption groups from Rs 17,732-22,888, Rs 22,889-29,517, Rs 29,518-44,175 and above Rs 44,175 increased by 0.86%, 0.77%, 0.76% and 0.64% respectively.
During the week, out of 51 items, prices of 12 (23.53 percent) items increased, 14 (27.45 percent) items decreased, and 25 (49.02 percent) items remained stable.
The items which recorded a decrease in their average prices on a week-on-week included gur (2.66 percent), banana (1.78 percent), cooking oil 5 litre (1.62 percent), vegetable ghee 1 kg (1.23 percent), lpg cylinder (1.05 percent), pulse masoor (0.93 percent), wheat flour (0.62 percent), washing soap (0.41 percent) and mustard oil (0.32 percent).
The items that recorded an increase in their average prices on a week-on-week (wow) basis included tomatoes (25.58 percent), onions (25.25 percent), chicken (10.79 percent), potatoes (1.61 percent), tea lipton (1.58 percent), eggs (1.30 percent), garlic (0.50 percent), rice basmati broken (0.19 percent %), georgette (0.28 percent) and firewood (0.05 percent).
On a Year-on-Year (YoY) basis, the items that witnessed a decrease in prices included tomatoes (26.26 percent), onions (13.98 percent), pulse gram (5.50 percent), mustard oil (4.47 percent) and vegetable ghee 1 kg (1.97 percent).
Inflation on YoY Basis
The commodities which recorded an increase in their average prices on YoY basis included gas charges for Q1 (108.38 percent), cigarettes (94.46 percent), chilies powder (84.11 percent), rice basmati broken (78.08 percent), wheat flour (76.51 percent), sugar (62.60 percent), rice IRRI-6/9 (62.27 percent), gents’ sponge chappal (58.05 percent), tea packet (55.79 percent), garlic (54.51 percent) and gur (53.53 percent).
