Weekly inflation down 0.81% as prices of essential items remain mostly stable

Pakistan(National Times)- ISLAMABAD: Weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.81% for the combined consumption groups during the week ended on May 29, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to PBS data, the SPI for the week under review in the above-mentioned group was recorded at 309.8 points compared to 312.34 points during the past week. Compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 0.41%. 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 of up to Rs17,732 witnessed a decrease of 0.67% and came down to 298.17 points from last week’s 300.18 points. The SPI for consumption groups of Rs17,732 to Rs22,888; Rs22,889-Rs29,517; Rs29,518-Rs44,175 and above Rs44,175, came down 0.95%, 0.69%, 0.63% and 0.74% respectively. During the week, out of 51 items, prices of 14 (27.45%) items increased, 10 (19.61%) items decreased and 27 (52.94%) items remained stable. The items, which recorded a major decrease in their average prices on a week-on-week basis included electricity charges for Q1 (10.1%), chicken (8.51%), LPG (2.67%), sugar (0.25%), powdered milk (0.20%), vegetable ghee 2.5kg (0.17%), wheat flour (0.09%), rice (0.07%), garlic (0.05%) and pulse moong (0.01%). The commodities which recorded major increase in their average prices on a week-on-week basis included tomatoes (4.54%), potatoes (2.94%), eggs (2.19%), onions (2.17%), gur (0.77%), bananas (0.73%), mustard oil (0.34%), cigarettes (0.25%), pulse mash (0.22%), pulse gram (0.17%), pulse masoor (0.14%) and rice basmati broken (0.12%). Year-on-year basis, the commodities that witnessed increase included ladies sandal (55.62%), chicken (32.92%), eggs (32.3%), pulse moong (31.45%), powdered milk (23.75%), sugar (21.96%), bananas (21.17%), pulse gram (19.66%), beef (17.51%), LPG (16.30%), vegetable ghee 2.5kg (13.67%), and vegetable ghee 1kg (12.76%). The commodities which recorded a decrease in their average prices on year-on-year basis included onions (55.56%), electricity charges for q1 (36.54%), potatoes (29.28%), garlic (26.51%), tomatoes (19.22%), tea packet (17.93%), pulse mash (17.50%), wheat flour (15.11%), petrol (7.43%) pulse masoor (7.42%), diesel (7.02%) and chillies powder (6.97%).



Latest News
Saudi Arabia says Iraqi drones forced temporary closure of crucial oil pipeline
Govt raises petrol price by Rs5.02 per litre, HSD by Rs5.28 amid rising global oil prices
KP Assembly seeks Article 6 action against Punjab CM
Nepra okays $58bn 11-year power plan amid reservations
Govt weighs NFC-based financial framework for Gilgit-Baltistan
Action ordered against PIA, ASF staff for misbehaving with lawmakers
PM Directs Authorities to Limit Load Shedding to Two Hours
Ali Nasir Rizvi Replaced as Islamabad IG, Sohail Chaudhry Appointed: Sources




Multi Media   
Pakistan Exposes India’s Human Rights Record in IIOJK at UNHRC
 Multi Media
2025 in Review: A Year of Impact and Progress in Brussels
 Multi Media
DPM-FM Senator Ishaq Dar’s High-Level Brussels Visit: Key Highlights
 Multi Media
Embassy of Pakistan 🇵🇰 in Brussels || Quarterly Recap of Activities, Engagements & Outreach
 Multi Media
DPM Dar sends Trump peace prize nomination to Nobel Committee