Weekly inflation decreases only 0.58 per cent from record high

According to Pakistan Bureau of Statistics (PBS), the Sensitive Price Index (SPI) for the week ending September 8, 2022, decreased by 0.58 per cent as a result of falling food prices.

In comparison to the previous week’s record high of 45.50 per cent, the yearly trend shows an increase of 42.70 per cent.

The year-on-year increase was driven by an increase in prices of tomatoes (144.25 per cent), diesel (114.08 per cent), petrol (98.73 per cent), pulse masoor (76.34 per cent), cooking oil-5 liter (67.99 per cent), mustard oil (66.53 per cent), LPG (64.98 per cent), washing soap (64.50 per cent), electricity for Q1 (63.03 per cent), vegetable ghee-2.5 kg (62.53 per cent), pulse gram (61.02 per cent), onions (59.97 per cent) and vegetable ghee-1 kg (58.19 per cent), while a decrease was observed in the prices of chilies powder (43.42 per cent), sugar (18.07 per cent) and gur (2.08 per cent).

As per the latest data, the SPI went down from 222.85 per cent during the week ended September 1^st 2022 to 221.55 per cent during this week.

During the week, out of 51 items, prices of 26 items (50.98 per cent) increased, nine items (17.65 per cent) decreased and 16 (31.37 per cent) items remained stable.

The items which got more expensive include LPG (10.66 per cent), wheat flour (4.15 per cent), eggs (3.96 per cent), bread (3.27 per cent), pulse moong (2.74 per cent), curd (2.72 per cent), tea-lipton (2.50 per cent), pulse gram (1.65 per cent), chicken (1.58 per cent), milk fresh (1.57 per cent), fire wood (1.54 per cent), potatoes (1.02 per cent), and others

A reduction was observed in the prices of onions (41.99 per cent), tomatoes (8.11 per cent), bananas (2.51 per cent), pulse masoor (1.37 per cent), vegetable ghee-1 kg (0.55 per cent), cooking oil-5 liter (0.33 per cent), mustard oil (0.16 per cent) and vegetable ghee-2.5 kg and sugar (0.11 per cent) each.

Highest week-on-week decrease

Onions: 41.99 per cent

Tomatoes: 8.11 per cent

Bananas: 2.51 per cent

Pulse Masoor: 1.37 per cent

Vegetable ghee (1kg): 0.55 per cent

Highest week-on-week increase

LPG: 10.66 per cent

Flour: 4.15 per cent

Eggs: 3.96 per cent

Bread: 3.27 per cent

Pulse Moong: 2.74 per cent

Highest year-on-year increase

Tomatoes: 144.25 per cent

Diesel: 114.08 per cent

Petrol: 98.73 per cent

Pulse Masoor: 76.34 per cent

Cooking oil (5 litre): 67.99 per cent