Tag: July 06 2023

  • Pakistan’s weekly inflation reaches lowest point at 28.6% since October 2022

    Pakistan’s weekly inflation reaches lowest point at 28.6% since October 2022

    The Sensitive Price Indicator (SPI) recorded a weekly inflation increase of 0.70 per cent, reaching 28.55 per cent on a year-on-year basis for the week ending June 6.

    This represents the lowest rate since October 20, 2022, when SPI inflation stood at 27.1 per cent. Furthermore, short-term inflation surged to an all-time high of 48.35 per cent for the period ending on May 4.

    During the week, a total of 51 items were monitored, and their price movements were analysed. Out of these items, 24 (47.06 per cent) experienced price increases, 10 (19.61 per cent) witnessed price decreases, and 17 (33.33 per cent) remained stable.

    This table showcases the items that recorded either an increase or decrease in their average prices during the specified week:

    Item Increase/Decrease
    Tomatoes Increase (42.25%)
    Onions Increase (8.70%)
    Potatoes Increase (4.79%)
    Wheat flour bag 20 kg Increase (4.05%)
    Gur Increase (4.01%)
    Sugar Increase (3.48%)
    Shirting Increase (3.02%)
    Hi-speed diesel Increase (2.95%)
    Garlic Increase (1.90%)
    Matchbox each Increase (1.66%)
    Curd Increase (1.43%)
    Pulse mash Increase (1.29%)
    Fresh milk Increase (1.20%)
    Rice irri-6/9 Increase (0.74%)
    Rice basmati broken Increase (0.67%)
    Mustard oil Increase (0.59%)
    Prepared tea Increase (0.56%)
    Long cloth 57″ Gul Ahmed/Al Karam Increase (0.51%)
    Mutton Increase (0.40%)
    Beef with bone Increase (0.39%)
    Toilet soap Increase (0.24%)
    Powdered milk Nido 390 gm polybag each Increase (0.13%)
    Georgette Increase (0.08%)
    Cooked daal Increase (0.04%)
    Bananas Decrease (7.51%)
    Chicken Decrease (2.80%)
    Eggs Decrease (1.17%)
    LPG Decrease (0.96%)
    Vegetable ghee Dalda/Habib 2.5 kg tin each Decrease (0.74%)
    Cooking oil Dalda or other similar brands, 5L Decrease (0.72%)
    Vegetable ghee Dalda/Habib or other superior quality, 1 kg pouch each Decrease (0.81%)
    Pulse masoor Decrease (0.47%)
    Pulse moong Decrease (0.31%)
    Pulse gram Decrease (0.24%)