Weekly Inflation witnesses huge rise

Islamabad: The Pakistan Bureau of Statistics (PBS) on Friday shared the statistics of weekly inflation that increased by 20 percent during the week ended on June 2.

According to details, PBS released the Sensitive Price Indicator (SPI) based weekly inflation report.

The SPI for the week under review in the above-mentioned group was recorded at 20.04 percent, PBS data shared.

During the week under review, out of 53 items, prices of 28 items increased, prices of 05 items decreased, and prices of 18 items remained stable.

The commodities which recorded an increase in their average prices included Onions (177.62%), Tomatoes (152.57%), Mustard Oil (70.5%), Vegetable Ghee (68.02%), Garlic (67.4%), Masoor Dal (66%), Petrol (64.78%), LPG (60.14%), Washing soap (42.92%).

Meanwhile, the monthly inflation also climbed to 13.76 percent in May a two-and-a-half-year-high in the previous month on the back of increasing food prices, according to the Pakistan Bureau of Statistics data released on June 1.