Sensitive Price Indicator inflation up 1.37%
ISLAMABAD: The overall Sensitive Price Indicator (SPI)-based inflation for the week ended September 9 recorded an increase of 1.37 per cent, compared with the previous week, the latest data released by the Pakistan Bureau of Statistics (PBS) reported on Friday.
The weekly SPI with base year 2015/16=100 is covering 17 urban centres and 51 essential items for all expenditure groups.
During the week, of the 51 items, the prices of 24 (47.06 per cent) items increased, five items (9.80 per cent) decreased and the prices of 22 items (43.14 per cent) remained unchanged.
Meanwhile, the food items that witnessed increase in their prices on a week-on-week basis included onions (23.35 per cent), tomatoes (20.38 per cent), chicken (7.67 per cent), wheat flour (4.97 per cent), eggs (3.83 per cent), pulse masoor (2.04 per cent), garlic and potatoes (1.34 per cent) each, vegetable ghee 1kg (1.32 per cent), washing soap (1.29 per cent), cooking oil 5 litres (1.22 per cent) and beef (1.11 per cent).
The year on year trend depicts an increase of 13.64 per cent with most of the items increased, mainly, electricity for the first quarter (46.55 per cent), LPG (45.76 per cent), vegetable ghee 1kg (40.71 per cent), chicken (38.55 per cent), vegetable ghee 2.5kg (37.26 per cent), mustard oil (36.74 per cent), cooking oil 5 litres (36.56 per cent), chilies powder (35.71 per cent), gents sandal (33.37 per cent) and eggs (30.81 per cent).
Similarly, the prices of food items, including sugar and rice went down during the week ended September 9, compared with the previous week.
The prices of food items that witnessed decrease included bananas, prices of which decreased 3.09 per cent, whereas the price of rice (Irri-6/9) declined 0.59 per cent on a week-on-week (WoW) basis.
Likewise, the prices of moong pulse and sugar (refined) declined 0.44 per cent and 0.28 per cent, respectively. Among non-food items, the prices of liquefied petroleum gas (LPG) decreased 2.59 per cent.
On a year-on-year basis, the prices of potatoes decreased 26.32 per cent, whereas that of moong pulse and tomatoes declined 25.24 per cent and 6.68 per cent, respectively.
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