Weekly SPI inflation rises by 25.34% YoY

BusinessWeekly SPI inflation rises by 25.34% YoY

ISLAMABAD, Pakistan: The Sensitive Price Index (SPI) recorded an increase of 25.34% on a year-on-year (YoY) basis in the week ended on August 24, 2023, according to the Pakistan Bureau of Statistics (PBS).

The data shared by the PBS on Friday showed that the SPI in the current week ended on August 24 increased by 0.05%.Weekly SPI inflation rises by 25.34% YoY

The major increase was observed in the prices of food items, onions (23.56%), pulse masoor (3.66%), sugar (3.43%), garlic (2.17%), eggs (2.13%), cooked daal (2.04%) and pulse mash (1.52%), non-food items, energy saver (1.89%), and long coth (1.51%).

On the other hand, the major decrease was observed in the prices of tomatoes (22.16%), chicken (5.44%), rice irri-6/9 (1.70%), potatoes (1.43%), bananas (1.22%), vegetable ghee 2.5 kg (0.97%), mustard oil (0.87%), cooking oil 5 litre (0.67%), pulse gram (0.49%), LPG (0.43%), and wheat flour (0.25%).

During the week, out of 51 items, prices of 22 (43.14%) items increased, 12 (25.53%) items decreased, and 17 (33.33%) items remained stable.

The year-on-year trend depicted an increase of 25.34%, wheat flour (129.38%), gas charges for Q1 (108.38%), cigarettes (102.31%), tea lipton (93.94%), rice basmati broken (89.56%), chilies powder (86.05%), sugar (81.21%), rice irri-6/9 (80.54%), gur (63.59%), gents sponge chappal (58.05%), salt powdered (49.09%), chicken (48.58%), and bread (46.37%).

While decrease was observed in the prices of tomatoes (39.96%), onions (37.70%), electricity for Q1 (21.96%), pulse masoor (10.68%), and vegetable ghee 1 kg (0.40%).

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Azerbaijani people commemorate National Leader Heydar Aliyev

Azerbaijani people commemorate National Leader Heydar Aliyev

0
Monitoring Desk: Every year Azerbaijani people on December 12 commemorate the death anniversary of Azerbaijani Great Leader Heydar Aliyev.Today, 21 years have passed since...

A doomed PTI is eager to talk with the government

0
Monitoring Desk: After trying various tactics, PTI is eager to talk to the government and is making every effort to get a positive response...
Hemani “Power Plus”

Hemani “Power Plus” become first Pakistani product registered in UAE

0
Monitoring Desk: Hemani “Power Plus” has become the first Pakistani product registered in the UAE.

Syrian disorder shows why the Armed Forces are essential for social order

0
DND Special ReportThe Middle East is volatile again and a kind of “Islamic Colour Revolution” has collapsed the state institutions where the swift...

Once again media bias targets Pakistan with unsupported content about PTI’s November 24 protest

0
Monitoring Desk: Pakistan has always been under the target of biased media a textbook example of how certain groups, individuals, and countries can try...
Advertisement