Tomatoes cheaper by 27.65%, potatoes up 3.13% as 19 essential items become costlier<\/p>\n
Major increase were recorded in the prices of electricity charges for the first quarter (54.02%), LPG (50.68%), petrol (44.10%), diesel (36.76%), wheat flour (36.06%), onions (31.89%) and tomatoes (23.46%). Photo: file <\/p>\n
KARACHI: <\/p>\n
The Sensitive Price Indicator (SPI) has jumped sharply by 13.98% year-on-year, up from 12.16% recorded the previous week. However, for the second consecutive week, the pace of increase in weekly inflation has slowed, declining by 0.33%, compared with a 0.69% slowdown in the previous week, according to the Pakistan Bureau of Statistics (PBS).<\/p>\n
During the week, prices of 19 essential commodities increased, nine items became cheaper, while prices of 23 items remained stable. Over the past week, potatoes became costlier by 3.13%, bread by 0.91%, and cooking oil by 0.69%. Prices of eggs, mutton, chicken and ghee also increased.<\/p>\n
According to the report, tomatoes became cheaper by 27.65% and onions by 9.35% during the week. Prices of diesel, liquefied petroleum gas (LPG), flour and sugar also declined.<\/p>\n
The annual inflation rate for different income groups showed a slowdown. For households earning up to Rs17,732 per month, inflation slowed by 0.41 percentage points to 11.38%. For those earning between Rs17,733 and Rs22,888 per month, inflation slowed by 0.36 percentage points to 14.16%.<\/p>\n
For those earning between Rs22,889 and Rs29,517 per month, inflation slowed by 0.31 percentage points to 12.47%.<\/p>\n
For households earning between Rs29,518 and Rs44,175 per month, inflation slowed by 0.30 percentage points to 12.28%.<\/p>\n
For those income groups earning above Rs44,176 per month, inflation slowed by 0.34 percentage points to 13.45%.<\/p>\n
During the week, out of 51 items, prices of 19 items (37.25%) increased, nine items (17.65%) decreased, while 23 items (45.10%) remained stable. Major decreases were observed in the prices of tomatoes (27.65%), followed by onions (9.35%), diesel (8.35%), LPG (7.08%), garlic (4.27%), bananas (0.47%), wheat flour (0.37%), sugar (0.36%) and mustard oil (0.22%).<\/p>\n
On the other hand, prices of potatoes increased by 3.13%, bread by 0.91%, washing soap by 0.85%, cooking oil (5 litre) by 0.69%, long cloth by 0.65%, eggs by 0.61%, mutton by 0.45%, chicken by 0.44%, vegetable ghee (1 kg) by 0.30% and pulse masoor by 0.27%.<\/p>\n
On a year-on-year basis, the SPI for the week under review increased by 13.98% compared with the corresponding week last year. During the period, major increase were recorded in the prices of electricity charges for the first quarter (54.02%), LPG (50.68%), petrol (44.10%), diesel (36.76%), wheat flour (36.06%), onions (31.89%) and tomatoes (23.46%). Prices of chilli powder, mutton, beef, powdered milk and garlic also increased.<\/p>\n
Meanwhile, prices of potatoes declined by 47.38%, pulse gram by 19.92%, salt powder by 13.22%, sugar by 11.74%, pulse masoor by 11.47%, pulse moong by 1.63% and packet tea by 1.14% over the same period last year, the PBS reported.<\/p>\n","protected":false},"excerpt":{"rendered":"Tomatoes cheaper by 27.65%, potatoes up 3.13% as 19 essential items become costlier Major increase were recorded in…\n","protected":false},"author":2,"featured_media":396937,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69,205118],"class_list":["post-396936","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-spi-inflation-surges-to-13-98-yoy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/396936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=396936"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/396936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/396937"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=396936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=396936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=396936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}