{"id":329490,"date":"2026-03-14T14:49:11","date_gmt":"2026-03-14T14:49:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/329490\/"},"modified":"2026-03-14T14:49:11","modified_gmt":"2026-03-14T14:49:11","slug":"pakistan-short-term-inflation-jumps-6-44-pc-as-fuel-food-prices-surge","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/329490\/","title":{"rendered":"Pakistan short\u2011term inflation jumps 6.44 pc as fuel, food prices surge"},"content":{"rendered":"

Home<\/a> \u00bb General<\/a> \u00bb Business<\/a> \u00bb Pakistan short\u2011term inflation jumps 6.44 pc as fuel, food prices surge<\/p>\n

\"Pakistan<\/a><\/p>\n

New Delhi, March 14 (SocialNews.XYZ) Pakistan\u2019s short\u2011term inflation indicator, the Sensitive Price Indicator (SPI), rose 6.44 per cent year\u2011on\u2011year in the week ended March 11, driven largely by sharp increases in petroleum and key food prices, a new report has said.<\/p>\n

The indicator jumped 1.89 per cent from the prior week indicating surging prices of key household commodities, according to a report in The Express Tribune, citing data released by the Pakistan Bureau of Statistics (PBS).<\/p>\n

Petrol prices jumped 20.60 per cent and diesel rose 19.54 per cent on a weekly basis, while liquefied petroleum gas increased 12.13 per cent, acting as major drivers of price inflation in household items, the report said.<\/p>\n

Food items also pushed the index higher, with onions up 9.63 per cent, bananas up 1.44 per cent and wheat flour surging 1.28 per cent week\u2011on\u2011week, the report added.<\/p>\n

Other items posting smaller increases included chicken (0.66 per cent), pulse mash (0.55 per cent), firewood (0.38 per cent), pulse gram (0.10 per cent), fresh milk (0.08 per cent), and cooked beef (0.02 per cent), as per the report.<\/p>\n

Another recent report said that Pakistan has locked itself into a “dangerous economic trap” by prioritising short\u2011term expatriate remittances and foreign aid over productive development.<\/p>\n

Remittances now account for nearly 10 per cent of GDP and rival export earnings, masking failures of the system such as idle factories, high unemployment and underutilisation of productive workforce, it noted.<\/p>\n

Pakistan\u2019s horoscope for 2026\u20132031 would be written in “debt ledgers, inflation charts and poverty lines,” the report said, warning of slow growth and inflation eroding household budgets.<\/p>\n

Since 1958, Pakistan has entered 26 IMF programmes, the highest globally, totalling over $34 billion, with the latest $7 billion Extended Fund Facility in 2024 extended into 2025-26, the report said, highlighting the country\u2019s ballooning aid dependence.<\/p>\n

\u2014IANS<\/p>\n

aar\/<\/p>\n

Source: IANS<\/p>\n

\"PakistanAbout Gopi<\/a><\/p>\n

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. <\/p>\n

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.<\/p>\n

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.<\/p>\n

\nHe can be reached at gopi@socialnews.xyz<\/a><\/p>\n

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