ISLAMABAD: The Pakistan Bureau of Statistics (PBS) reported that the Sensitive Price Indicator (SPI), which measures weekly inflation for the combined consumption group, increased by 0.11 percent this week.
The SPI for this consumption group reached 282.00 points, up from 281.70 points in the previous week, as per PBS data.
Comparing this week to last year’s period, the SPI for the combined consumption group saw a significant increase of 37.07 percent.
The weekly SPI, using the base year 2015-16 = 100, covers 17 urban centers and 51 essential items for all expenditure groups.
For the lowest consumption group, with an income up to Rs 17,732, the SPI increased by 0.49 percent, reaching 286.29 points from last week’s 284.89 points.
In the consumption groups with income ranges of Rs 17,732-22,888, Rs 22,889-29,517, and Rs 29,518-44,175, the SPI increased by 0.38 percent, 0.27 percent, and 0.17 percent, respectively. However, it decreased by 0.03 percent for the income group above Rs 44,175.
Throughout the week, out of the 51 items tracked, prices of 19 items (37.26%) increased, prices of 16 items (31.37%) decreased, and costs of 16 items (31.37%) remained stable.
The items that recorded a fall in their average prices on a week-on-week (WoW) included pulse gram (1.73%), gur (1.14%), diesel (3.33%), chicken (2.78%), petrol (2.40%), pulse masoor (1.80%), pulse moong (0.58%), pulse mash (0.33%), vegetable ghee (0.20%), and wheat flour (0.32%).
The commodities that saw an increase in their average prices on a week-on-week (wow) basis included beef (0.53%), bread (0.52%), LPG (3.11%), tomatoes (12.45%), onions (11.96%), garlic (2.59%), potatoes (1.81%), cooked daal (1.27%), eggs (0.84%), long cloth (0.51%), and firewood (0.76%).
The items that recorded a decrease in price on a year-on-year (yoy) basis included mustard oil (0.16%), tomatoes (54.05%), onions (18.21%), and pulse gram (2.67%).
On a Year-on-Year (YoY) basis, the products that recorded an increase in their average prices included gas charges for q1 (108.38%), electricity charges for q1 (118.16%), cigarettes (94.69%), tea packets (60.72%), gents sponge chappal (58.05%), rice basmati broken (87.60%), chilies powder (84.84%), sugar (79.55%), rice irri-6/9 (78.69%), wheat flour (77.91%), gur (67.68%), potatoes (42.99%), salt powdered (56.48%), garlic (54.78%), gents sandal (53.37%), petrol (43.70%). —APP
