Tag: SPI based inflation

  • Weekly inflation increases 0.94% as food prices rise

    Weekly inflation increases 0.94% as food prices rise

    Owing to an increase in the prices of food items, the Sensitive Price Indicator (SPI)-based weekly inflation for the week ending September 29 increased by 0.94 per cent.

    The items which saw an increase in prices include onions (47.77 per cent), tomatoes (30.29 per cent), tea Lipton (2.50 per cent), bread (1.74 per cent) and non-food item, washing soap (1.13 per cent), according to the Pakistan Bureau of Statistics (PBS).

    Moreover, the year-on-year trend recorded an increase of 30.62 per cent, mainly due to a surge in prices of tomatoes (224.20 per cent), onions (139.03 per cent), diesel (105.12 per cent), petrol (91.87 per cent), pulse gram (74.56 per cent, masoor (72.42 per cent), mustard oil (64.53 per cent), washing soap (63.33 per cent), cooking oil 5 litre (61.78 per cent), vegetable ghee 2.5 kg (58.37 per cent), maash (57.36 per cent), vegetable ghee 1kg (55.89 per cent), gents sponge chappal (52.21 per cent), and moong (47.96 per cent), while decrease observed in the prices of electricity for q1 (45.61 per cent), chillies powder (42.73 per cent), sugar (18.27 per cent), and gur (1.92 per cent).

    According to the most recent PBS data issued on Friday, the SPI for the week under review in the aforementioned category was recorded at 205.13 points as opposed to 203.21 points observed in the previous week.

  • Weekly inflation decreases only 0.58 per cent from record high

    Weekly inflation decreases only 0.58 per cent from record high

    According to Pakistan Bureau of Statistics (PBS), the Sensitive Price Index (SPI) for the week ending September 8, 2022, decreased by 0.58 per cent as a result of falling food prices.

    In comparison to the previous week’s record high of 45.50 per cent, the yearly trend shows an increase of 42.70 per cent.

    The year-on-year increase was driven by an increase in prices of tomatoes (144.25 per cent), diesel (114.08 per cent), petrol (98.73 per cent), pulse masoor (76.34 per cent), cooking oil-5 liter (67.99 per cent), mustard oil (66.53 per cent), LPG (64.98 per cent), washing soap (64.50 per cent), electricity for Q1 (63.03 per cent), vegetable ghee-2.5 kg (62.53 per cent), pulse gram (61.02 per cent), onions (59.97 per cent) and vegetable ghee-1 kg (58.19 per cent), while a decrease was observed in the prices of chilies powder (43.42 per cent), sugar (18.07 per cent) and gur (2.08 per cent).

    As per the latest data, the SPI went down from 222.85 per cent during the week ended September 1st 2022 to 221.55 per cent during this week.

    During the week, out of 51 items, prices of 26 items (50.98 per cent) increased, nine items (17.65 per cent) decreased and 16 (31.37 per cent) items remained stable.

    The items which got more expensive include LPG (10.66 per cent), wheat flour (4.15 per cent), eggs (3.96 per cent), bread (3.27 per cent), pulse moong (2.74 per cent), curd (2.72 per cent), tea-lipton (2.50 per cent), pulse gram (1.65 per cent), chicken (1.58 per cent), milk fresh (1.57 per cent), fire wood (1.54 per cent), potatoes (1.02 per cent), and others

    A reduction was observed in the prices of onions (41.99 per cent), tomatoes (8.11 per cent), bananas (2.51 per cent), pulse masoor (1.37 per cent), vegetable ghee-1 kg (0.55 per cent), cooking oil-5 liter (0.33 per cent), mustard oil (0.16 per cent) and vegetable ghee-2.5 kg and sugar (0.11 per cent) each.

    Highest week-on-week decrease

    Onions: 41.99 per cent

    Tomatoes: 8.11 per cent

    Bananas: 2.51 per cent

    Pulse Masoor: 1.37 per cent

    Vegetable ghee (1kg): 0.55 per cent

    Highest week-on-week increase

    LPG: 10.66 per cent

    Flour: 4.15 per cent

    Eggs: 3.96 per cent

    Bread: 3.27 per cent

    Pulse Moong: 2.74 per cent

    Highest year-on-year increase

    Tomatoes: 144.25 per cent

    Diesel: 114.08 per cent

    Petrol: 98.73 per cent

    Pulse Masoor: 76.34 per cent

    Cooking oil (5 litre): 67.99 per cent