The Sensitive Price Indicator (SPI) for the current week ended on March 07, 2024 increased by 1.11% while Year-on-Year basis the inflation hit 32.29 percent.
Major increase was observed in the prices of Onions (33.86%), Potatoes (23.81%), Tomatoes (16.42%), Bananas (7.12%), LPG (4.43%), Eggs (2.66%), Petrol & Firewood (1.49%) each, Beef (1.38%), Mutton (0.50%), Cooked Daal (0.41%) and Long Cloth (0.27%).
On the other hand, Major decrease was observed in the prices of Chicken (6.95%), Tea (1.29%), Cooking Oil 5 Litre (0.96%), Bread Plain (0.51%), Gur (0.40%), Garlic (0.39%), Pulse Masoor (0.26%) and Vegetable Ghee 1 Kg (0.23%).
During the week, out of 51 items, prices of 14 (27.45%) items increased, 14 (27.45%) items decreased and 23 (45.10%) items remained stable.
The year on year trend depicts increase of 32.39%, Gas Charges for Q1 ( 570.00%), Tomatoes (176.55%), Chilies Powder (81.74%), Gents Sponge Chappal (58.05%), Wheat Flour (57.04%), Gents Sandal (53.37%), Onions (51.56%), Garlic (45.69%), Gur (44.94%), Sugar (41.69%) and Potatoes (39.08%) while decrease is observed in the prices of Vegetable Ghee 1 Kg (20.15%), Cooking Oil 5 Litre (19.53%), Bananas (17.95%), Mustard Oil (16.20%), Vegetable Ghee 2.5 Kg (16.04%), LPG (4.20%), Chicken (1.51%) and Cigarettes (0.05%).