Weekly inflation up by 0.17 percent: PBS

Pakistan Feb, 11 2023
Weekly inflation up by 0.17 percent: PBS
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ISLAMABAD: Weekly inflation measured by Sensitive Price Indicator (SPI) witnessed an increase of 0.17 percent for combined consumption group during week ended on February 9, Pakistan Bureau of Statistics (PBS) reported. SPI for week under review in above-mentioned group was recorded at 228.17 points as compared to 227.79 points during past week, according to PBS data.

As compared to corresponding week of last year, SPI for combined consumption group in week under review witnessed an increase of 34.83 percent. Weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.

SPI for lowest consumption group up to Rs 17,732 witnessed 0.06 percent decrease and went up to 233.61 points from last week’s 233.76 points.

Meanwhile, SPI for consumption group from Rs 17,732-22,888; Rs 22,889-29,517; Rs 29,518-44,175 and above Rs 44,175 witnessed an increase of 0.02 percent, 0.10 percent, 0.14 percent and 0.22 percent respectively.

On other hand decrease is observed in prices of onions (9.83%), tomatoes (5.40%), eggs (3.40%), wheat flour (2.71%) and sugar (0.31%). Commodities which recorded an increase in their average prices included potatoes (7.15%), chicken (6.94%), bananas (6.53%), vegetable ghee 1 kg (5.67%), rice basmati broken (3.80%), rice irri-6/9 (3.64%), vegetable ghee 2.5 kg (2.71%), cooking oil 5 kg (2.60%), pulse mash (2.42%) and garlic (2.20%), pulse moong (2.20%) LPG (3.06%) and cigarettes (2.25%).

Published in The Daily National Courier, February, 11 2023

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