News

Weekly inflation falls by 1.1 percent

By News Desk

April 26, 2024 03:52 PM


Representational image

Twitter Share Facebook Share WhatsApp Share

The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 1.10 per cent for the combined consumption groups during the week ended on April 25, the Pakistan Bureau of Statistics (PBS) reported on Friday.

According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 320.14 points as compared to 323.71 points during the past week.

As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 26.94 per cent.

The weekly SPI with the base year 2015-16 =100 covers 17 urban centres and 51 essential items for all expenditure groups.

The SPI for the lowest consumption group up to Rs. 17,732, decreased by 1.30 per cent and went down to 309.64 points from last week’s 313.72 points.

The SPI for consumption groups from Rs. 17,732-22,888, Rs. 22,889-29,517; Rs. 29,518-44,175 and above Rs. 44,175, decreased by 1.29 percent, 1.16 percent, 1.17 and 1.02 percent respectively.

During the week, out of 51 items, prices of 15 (29.41%) items increased, 10 (19.61%) items decreased and 26 (50.98%) items remained stable.

The items, which recorded a decrease in their average prices on a week-on-week basis included tomatoes (20.83%), onions (14.43%), chicken (11.64%), wheat flour (4.92%), eggs (4.45%), chilies powder (3.86%), bananas (3.30%), LPG (2.22%) and garlic (0.43%).

The commodities which recorded an increase in their average prices on week-on-week basis included potatoes (1.80%), powder milk (1.30%), vegetable ghee 2.5 kg (0.70%), pulse mash (0.65%), sugar (0.60%), gur (0.59%), cooked daal (0.56%), mutton (0.51%) and shirting (0.37%).

On Year-on-Year basis, the commodities that witnessed decrease included bananas (33.77%), cooking oil 5 litre (20.77%), vegetable ghee 2.5 kg (17.56%), vegetable ghee 1 kg (17.04%), wheat flour (16.72%), mustard oil (13.36%), eggs (9.32%),LPG (7.21%) and diesel (0.85%).

The commodities which recorded an increase in their average prices on year-on-year basis included , gas charges for q1 ( 570.00%), tomatoes (122.34%), onions (121.31%), chilies powder (76.53%), gents sandal (66.71%), garlic (65.11%), gents sponge chappal (58.05%), salt powder (31.87%), shirting (30.17%), gur (27.18%), pulse mash (27.07%) and beef (24.07%).


News Desk


Most Read

  1. Five more children die as death toll from measles in Dadu reaches 27 Five more children die as death toll from measles in Dadu reaches 27
  2. Sharmin Segal says NO to Salman Khan's marriage proposal Sharmin Segal says NO to Salman Khan's marriage proposal
  3. Zuhab Khan and Wania Nadeem's love story culminates in heartfelt Nikah ceremony Zuhab Khan and Wania Nadeem's love story culminates in heartfelt Nikah ceremony
  4. Ahmed Ali Akbar drops clue of ‘Parizaad’ Season 2 Ahmed Ali Akbar drops clue of ‘Parizaad’ Season 2
  5. Fan kisses Durefishan Saleem at Ishq Murshid cinema screening Fan kisses Durefishan Saleem at Ishq Murshid cinema screening
  6. Juvaria Abbasi's new chapter of love begins: Proposal picture sparks excitement Juvaria Abbasi's new chapter of love begins: Proposal picture sparks excitement

Opinion

  1. Military Establishment rules out any deal with what it terms a ‘bunch of anarchists’
    Military Establishment rules out any deal with what it terms a ‘bunch of anarchists’

    By Salim Bokhari

  2. 9th May - A year later
    9th May - A year later

    By Mutaza Solangi

  3. Everything but the truth in Telegraph
    Everything but the truth in Telegraph

    By Mutaza Solangi

  4. PM Shehbaz Sharif, WEF and Pakistan
    PM Shehbaz Sharif, WEF and Pakistan

    By Naveed Aman Khan

  5. Employing global best practices in Pakistan-Saudi ties
    Employing global best practices in Pakistan-Saudi ties

    By Nasim Zehra

  6. PML-N smashed PTI in by-polls
    PML-N smashed PTI in by-polls

    By News Desk