Business
Weekly inflation jumps to 38.66pc
Out of 51 items, 22 (43.14%) saw price increases during the week, 11 (21.57%) saw price decreases, and 18 (35.29%) saw constant prices.
Islamabad: Sensitive Price Indicator (SPI) data from the week that concluded on September 21 showed that weekly inflation increased by 0.93 percent, according to a report released on Friday by the Pakistan Bureau of Statistics (PBS).
Out of 51 items, 22 (43.14%) saw price increases during the week, 11 (21.57%) saw price decreases, and 18 (35.29%) saw constant prices.
The greatest price increases were seen in the following non-food items: gasoline (8.51%), diesel (5.54%), shirts (1.81%), and matchbox (1.42%). Chicken (8.49%), garlic (5.19%), and onions (3.02%).
Tomatoes (11.11%), Sugar (3.57%), Bananas (2.03%), Potatoes (1.89%), Wheat Flour (0.77%), Gur (0.62%), Mustard Oil (0.45%), Vegetable Ghee 2.5 kg (0.31%), Cooking Oil 5 liter (0.20%), Pulse Gram (0.18%), and Tea Lipton (0.17%) on the other hand, saw a fall in price.
On a Year-on-Year (YoY) basis, the commodities which recorded an increase in their average prices included electricity charges for Q1 (118.16%), Gas Charges for Q1 (108.38%), Cigarettes (94.69%), Rice Basmati Broken (88.43%), Chilies Powder (84.84%), Sugar (81.98%), Rice Irri-6/9 (81.04%), Wheat Flour (73.70%), Gur (72.86%), Tea Lipton (65.28%), Gents Sponge Chappal (58.05%), Salt Powdered (56.48%), Gents Sandal (53.37%), Powdered Milk (43.33%) and Garlic (43.10%), while decrease is observed in the prices of Tomatoes (26.98%), Pulse Gram (2.90%) and Onions (2.00%).