Weekly inflation increases by 0.21 per cent | Pakistan Today

Weekly inflation increases by 0.21 per cent

The weekly inflation for the week ended on August 18 for the combined income group witnessed an increase of 0.21 per cent as compared to the previous week.

The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 218.97 points against 218.52 points registered in the previous week, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.

As compared to the corresponding week of the last year, the SPI for the combined group in the week under review increased by 2.47 per cent.

The weekly SPI has been computed with base 2007, 2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.

Meanwhile, the SPI for the lowest income group of up to Rs 8,000 also increased by 0.16 per cent as it went up from 209.98 points in the previous week to 210.31 points in the week under review.

As compared to last week, the SPI for the income groups from Rs 8,001 to Rs 12,000, Rs 12,001 to 18,000, Rs 18,001 to Rs 35,000 and above Rs 35,000 also increased by 0.20 per cent, 0.21 per cent, 0.24 per cent and 0.25 per cent respectively.

During the week under review average prices of eight items registered decrease, while 18 items increased with the remaining 27 items’ prices unchanged.

The items which registered decrease in their prices during the week under review included tomatoes, onion, bananas, pulse mash (washed), pulse gram (washed), mustard oil and wheat flour (bag).

The items which recorded increase in their average prices included chicken (farm), garlic, eggs hen (farm), vegetable ghee (pouch), red chilli, gur, milk, rice basmati, curd, potatoes, pulse mash (washed), LPG cylinder, beef, sugar, mutton, rice irri-6, vegetable ghee (tin) and cooking oil (tin).

The items with no change in their average prices during the week under review included wheat, bread plain, fresh milk, salt powder, tea, cooked beef, cooked daal, tea (prepared cup), cigarettes, long cloth, shirting, lawn cloth, gents sandal, gents chappal, ladies sandal, electricity charges, gas charges, kerosene oil, fire wood, electric bulb, washing soap, match box, petrol, hi-speed diesel, telephone local calls and bath soap.

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