The Pakistan Bureau of Statistics (PBS) has reported an increase in the Sensitive Price Indicator (SPI) based inflation for the week ending on February 9th, 2023. The SPI recorded a rise of 0.17 per cent due to heightened prices for both food and non-food items.
The year-on-year trend shows an increase of 34.83 per cent mainly due to an increase in the prices of onions (507.98 per cent), chicken (93.21 per cent), diesel (81.41 per cent), eggs (79.19 per cent), rice basmati broken (68.92 per cent), petrol (68.77 per cent), rice irri-6/9 (68.26 per cent), pulse moong (66.30 per cent), tea Lipton (63.92 per cent), bananas (61.88per cent), pulse gram (56.80 per cent), bread (50.66 per cent), LPG (50.41 per cent), pulse mash (50.25 per cent) and salt powdered (46.46 per cent), while a decrease is observed in the prices of tomatoes (57.76 per cent), chilies powdered (12.43 per cent) and electricity for q1 (12.31 per cent).
The SPI for the week under review in the above-mentioned group was recorded at 228.17 points against 227.79 points registered in the previous week, according to the latest PBS data released on Friday.
During the week, out of 51 items, prices of 29 (56.87 per cent) items increased, 05 (9.80 per cent) items decreased and 17 (33.33 per cent) items remained stable.
The SPI for the consumption group up to Rs. 17,732 decreased by 0.06 per cent while it increase for Rs. 17,732-22,888, Rs. 22,889-29,517, Rs. 29,518-44,175 and above Rs. 44,175 consumption group increase by 0.02 per cent, 0.10 per cent, 0.14 per cent, and 0.22 per cent respectively.
The items, which recorded an increase in their average prices during the week over the previous include potatoes (7.15 per cent), chicken (6.94 per cent), bananas (6.53 per cent), vegetable ghee Dalda/Habib or other superior quality 1 kg pouch each (5.67 per cent), rice basmati broken (3.80 per cent), rice irri-6/9 (3.64 per cent), LPG (3.06 per cent), vegetable ghee Dalda/Habib 2.5 kg tin each (2.71 per cent), cooking oil Dalda or other similar brands (sn), and 5 liter tin each (2.60 per cent).
Other items which recorded an increase are pulse mash (2.42 per cent), cigarettes capstan 20’s packet each (2.25 per cent), garlic (2.20 per cent), pulse moong (2.20 per cent), mustard oil (2.20 per cent), powdered milk Nido 390 gm polybag each (1.88 per cent), pulse gram (1.87 per cent), curd (1.83 per cent), tea prepared (1.77 per cent), milk fresh (1.52 per cent), matchbox (1.47 per cent), Sufi washing soap (1.39 per cent), bread plain (1.25 per cent), pulse masoor (1.23 per cent), energy saver Philips (0.79 per cent), salt powdered (0.65 per cent), firewood whole 40 kg (0.60 per cent), cooked daal (0.52 per cent), gur (0.31 per cent) and cooked beef (0.09 per cent).
The commodities, which recorded a decrease in their average prices included onions (9.83 per cent), tomatoes (5.40 per cent), eggs (3.40 per cent), wheat flour bag 20 kg (2.71 per cent), and sugar (0.31 per cent).
