Tag: onion

  • Weekly inflation in Pakistan spikes above 44%

    Weekly inflation in Pakistan spikes above 44%

    The Pakistan Bureau of Statistics (PBS) has reported that for the week ending on April 6, 2023, the Sensitive Price Indicator (SPI) based inflation has increased by 0.92 per cent. This rise is mainly due to an increase in the prices of food items such as chicken (15.87 per cent), sugar (13.48 per cent), potatoes (5.11 per cent), bananas (4.95 per cent), wheat flour (3.10 per cent), gur (2.12 per cent), eggs (1.26 per cent), fresh milk (1.24 per cent), and non-food item long cloth (1.95 per cent).

    The year-on-year trend indicates an increase of 44.49 per cent, which is primarily due to a surge in the prices of cigarettes (165.88 per cent), wheat flour (131.72 per cent), gas charges for q1 (108.38 per cent), diesel (102.84 per cent), eggs (98.34 per cent), Lipton tea (97.63 per cent), broken basmati rice (84.92 per cent), bananas (82.23 per cent), petrol (81.17 per cent), irri-6/9 rice (80.61 per cent), moong (68.14 per cent), potatoes (65.95 per cent), maash (56.70 per cent), and onions (55.75 per cent). However, a decrease in prices has been observed for tomatoes (50.39 per cent) and powdered chillies (6.48 per cent).

    The SPI for the week under review has been recorded at 252.06 points compared to 249.75 points in the previous week, as per the latest data released by PBS on Friday. During the week, out of 51 items, prices of 27 (52.94 per cent) items increased, seven (13.73 per cent) items decreased, and 17 (33.33 per cent) items remained stable.

    The average prices of commodities that have increased during the week over the previous week include chicken (15.87 per cent), sugar (13.48 per cent), potatoes (5.11 per cent), bananas (4.95 per cent), wheat flour (3.10 per cent), gur (2.12 per cent), long cloth 57” Gul Ahmed/Al Karam (1.95 per cent), eggs (1.26 per cent), fresh milk (1.24 per cent), irri-6/9 rice (0.80 per cent), shirting (0.75 per cent), beef with bone (0.71 per cent), broken basmati rice (0.69 per cent), curd (0.60 per cent), toilet soap Lifebuoy (0.56 per cent), lawn printed Gul Ahmed/Al Karam (0.55 per cent), prepared tea (0.44 per cent), powdered salt (0.39 per cent), Georgette (0.36 per cent), Sufi washing soap (0.31 per cent), mutton (0.18 per cent), moong (0.16 per cent), masoor (0.15 per cent), maash (0.09 per cent), cooked beef (0.04 per cent), cooking oil Dalda or other similar brand (sn), 5 litre tin each (0.04 per cent), and cooked daal (0.02 per cent).

    The commodities that have recorded a decrease in their average prices are tomatoes (14.96 per cent), onions (12.66 per cent), LPG (3.73 per cent), pulse gram (1.20 per cent), vegetable ghee Dalda/Habib 2.5 kg tin each (0.71 per cent), garlic (0.16 per cent), and mustard oil (0.03 per cent).

    Commodity Year-on-Year Change Week-on-Week Change
    Cigarettes 165.88 per cent N/A
    Wheat flour 131.72 per cent 3.10 per cent
    Gas charges for q1 108.38 per cent N/A
    Diesel 102.84 per cent N/A
    Eggs 98.34 per cent 1.26 per cent
    Lipton tea 97.63 per cent N/A
    Broken basmati rice 84.92 per cent 0.69 per cent
    Bananas 82.23 per cent 4.95 per cent
    Petrol 81.17 per cent N/A
    Irri-6/9 rice 80.61 per cent 0.80 per cent
    Moong 68.14 per cent 0.16 per cent
    Potatoes 65.95 per cent 5.11 per cent
    Maash 56.70 per cent 0.09 per cent
    Onions 55.75 per cent 12.66 per cent
    Tomatoes -50.39 per cent -14.96 per cent
    Powdered chillies -6.48 per cent N/A
    Chicken N/A 15.87 per cent
    Sugar N/A 13.48 per cent
    Gur N/A 2.12 per cent
    Long cloth 57” Gul Ahmed/Al Karam N/A 1.95 per cent
    Fresh milk N/A 1.24 per cent
    Shirting N/A 0.75 per cent
    Beef with bone N/A 0.71 per cent
    Curd N/A 0.60 per cent
    Toilet soap Lifebuoy N/A 0.56 per cent
    Lawn printed Gul Ahmed/Al Karam N/A 0.55 per cent
    Prepared tea N/A 0.44 per cent
    Powdered salt N/A 0.39 per cent
    Georgette N/A 0.36 per cent
    Sufi washing soap N/A 0.31 per cent
    Mutton N/A 0.18 per cent
    Masoor N/A 0.15 per cent
    Cooked beef N/A 0.04 per cent
    Cooking oil Dalda or other similar brand (sn), 5 litre tin each N/A 0.04 per cent
    Cooked daal N/A 0.02 per cent
    LPG N/A -3.73 per cent
    Pulse gram N/A -1.20 per cent
    Vegetable ghee Dalda/Habib 2.5 kg tin each N/A -0.71 per cent
    Garlic N/A -0.16 per cent
    Mustard oil N/A -0.03 per cent
  • Weekly inflation based on SPI, records a slight decline

    Weekly inflation based on SPI, records a slight decline

    Pakistan Bureau of Statistics (PBS) revealed that the weekly Sensitive Price Indicator (SPI) for the joint consumption group fell 0.26 per cent for the week ending May 26, owing primarily to a drop in the prices of vital food products.

    The consolidated index was 174.62 on May 19, 2022, compared to 175.08 on May 19, 2021, while the SPI increased 16.97 per cent year on year when the index was 149.29 on May 27, 2021.

    The minor price reductions in essential items may be a sign that the government is finally gaining control of the country’s skyrocketing inflation, which has afflicted the poor strata.

    Here are the items that witnessed a decrease or increase in their prices:

    Decrement

    Wheat Flour (12.25 per cent), Chillies Powdered (6.48 per cent), Chicken (4.41 per cent), Garlic (2.99 per cent), and non-food item LPG (0.43 per cent) were among the commodities that saw a decline in their rates on a WoW premise out of the 51 supervised items, with a cumulative effect of (-1.00 per cent) into the total SPI for the blended group of goods (-0.26 per cent).

    Increment

    27 items elevated in the week, including potatoes (8.43 per cent), tomatoes (6.33 per cent), eggs (6.29 per cent), rice basmati broken (4.71 per cent), mustard oil (4.16 per cent), pulse masaoor (3.93 per cent), milk fresh (3.47 per cent), onions (3.03 per cent), pulse gramme (2.58 per cent), curd (2.35 per cent), washing soap (2.13 per cent), cooked beef (1.55 per cent), beef (1.42 per cent), pulse mash (1.33 per cent), cooked daal (1.24 per cent). While 19 commodities’ prices remained stable.