News

Weekly inflation gallops to 42.27pc

March 10, 2023 05:01 PM


Twitter Share Facebook Share WhatsApp Share

The Sensitive Price Index for the current week ended on March 9, 2023 registered an increase of 1.37%, reported 24NewsHD TV channel.

According to the SPI data released by the Pakistan Bureau of Statistics on Friday, the weekly inflation has risen to 42.27%. 

The SPI for a consumption group earning up to Rs44,000 per annum has been recorded at 44.14%. 

In the current week, the prices of tomatoes have been increased by Rs5.45 per kg; potatoes by Rs5/kg; onions by 13.32/kg; sugar by Rs5.35/kg; bananas by Rs9.45 per dozen; 20kg flour sack by Rs69.19; yogurt by Rs3.44/litre; milk by Rs2.84/litre; 190 gm tea by Rs7.52; and ghee by Rs4.09/kg. Besides this, prices of Dal Maash, rice and meat also increased. 

However, the prices of chicken have decreased by Rs31/kg during the current week. 

So, the items that recorded an increase in their average prices on a week-on-week (wow) basis included tomatoes (12.43%), potatoes (11.37%), onions (9.26%), sugar (5.48%), bananas (5.31%), cooking oil 5 litres (4.27%), wheat flour (4.06%), vegetable ghee 2.5 kg (4.01%), curd (1.89%), milk fresh (1.82%), tea packet (1.79%), rice basmati broken (1.24%), salt powdered (1.21%), lawn printed (2.00%) and shirting (1.45%).

The items which recorded a decrease in their average prices on a week-on-week (WoW) included chicken (6.73%), garlic (2.07%), pulse moong (0.83%), eggs (0.77%), pulse masoor (0.50%), LPG (0.26%), firewood (0.12%) and pulse gram (0.05%).

On the other hand, the Year-on-Year trend depicts an increase of 42.27%.

On YoY basis,, the commodities that witnessed an increase in prices included onions (305.23%), cigarettes (165.86%), gas charges for q1 (108.38%), diesel (93.82%), eggs (78.63%), rice irri-6/9 (78.14%), petrol (77.89%), rice basmati broken (77.27%), bananas (74.01%), pulse moong (72.54%), tea packet (66.31%), pulse mash (56.02%), pulse gram (55.97%) and bread (55.36%).

The commodities which recorded a decrease in their average prices on a YoY basis included tomatoes (41.79%), chillies powdered (7.42%) and electricity charges for Q1 (6.64%).



Most Read

  1. Public Holiday announced in Lahore tomorrow Public Holiday announced in Lahore tomorrow
  2. Police claim girl seen in sub-inspector’s video was his second wife Police claim girl seen in sub-inspector’s video was his second wife
  3. Nazish Jahangir to hit any marriage proposal from Babar Azam out of the ground Nazish Jahangir to hit any marriage proposal from Babar Azam out of the ground
  4. Complete results: PML-N sweeps by-elections as PTI-SIC remains empty-handed in Punjab Complete results: PML-N sweeps by-elections as PTI-SIC remains empty-handed in Punjab
  5. Iranian First Lady visits Numl Iranian First Lady visits Numl
  6. Man shoots friend dead in DHA Karachi over personal grudge Man shoots friend dead in DHA Karachi over personal grudge

Opinion

  1. Islamabad becoming the hub of international diplomacy
    Islamabad becoming the hub of international diplomacy

    By Salim Bokhari

  2. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  3. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  4. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  5. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  6. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay