Staff Report
ISLAMABAD: Weekly inflation, as assessed by the Sensitive Price Indicator (SPI), fell 0.16 percent for the combined income group in the week ending December 1, owing primarily to a drop in vegetable prices, according to statistics provided by the Pakistan Bureau of Statistics (PBS).
The SPI increased by 30.56 Percent:
The SPI increased by 30.56 percent per year throughout the review period. The week-on-week fall was observed for the first time following six consecutive increases in the SPI, indicating a significant softening in the country’s overall inflation.
Tomatoes cost between Rs180 and Rs220 per kg on average, while onions cost around Rs200 per kg. Similarly, the price of potatoes ranges between Rs90 and Rs110 per kilogramme.
Vegetable prices
Tomatoes (12.26 percent), onions (2.79 percent), chicken (1.71 percent), pulse gram (0.68 percent), pulse masoor (0.64 percent), vegetable ghee 2.5 kg (0.38 percent), vegetable ghee 1 kg (0.12 percent), cooking oil five litres, and gur (0.11 percent) each saw the largest week-over-week price decreases in the food group. On the other side, a significant increase in price was seen for bananas (3.36%), Lipton tea (1.72%), potatoes (1.65%), matchboxes, powdered salt (1.32%), and Irri-6/9 rice (1.23pc).
LPG sales decreased by 0.42 percent in the non-food category week over week.
Onions (388.52 percent), tomatoes (73.25 percent), diesel (64.57 percent), Lipton tea (62.61 percent), salt powdered (55.29 percent), petrol (53.85 percent), pulse gram (52.71 percent), gents sponge chappal (52.21 percent), bananas (52.02 percent), eggs (51.87 percent), pulse moong (47.67 percent), pulse mash (43.44 percent), and mustard oil were the items whose prices increased (42.51pc).
