The Sensitive Price Index (SPI) for the week ended on February 2, 2023 recorded an increase of 2.82 percent, according to the weekly report of the Pakistan Bureau of Statistics.

According to the report, the SPI recorded a highest-ever year-on-year increase of 34.49 percent in the week under review.

During the week, out of 51 items, prices of 32 (62.75%) items increased, 01 (1.96%) items decreased and 18 (35.29%) items remained stable.

Major increase is observed in the prices of food items, Garlic (17.07%), Pulse Gram (7.10%), Bananas (4.75%), Chicken (4.37%), Pulse Mash (3.93%), Pulse Masoor (3.91%), Mustard Oil (3.47%), Eggs (3.42%), Pulse Moong (2.33%), Sugar (2.32%), Vegetable Ghee 1 Kg (2.13%) and Rice Basmati Broken (2.12%), non-food items, LPG (17.61%), Petrol (16.22%) and Diesel (15.30%).

On the other hand, the decrease is observed in the price of Potatoes (0.37%).

The year-on-year trend depicts an increase of 34.49%, Onions (556.36%), Chicken (90.88%), Eggs (81.69%), Diesel (81.41%), Petrol (68.77%), Tea Lipton (63.92%), Rice Basmati Broken (63.44%), Rice Irri-6/9 (62.36%), Pulse Moong (61.11%), Bananas (57.38%), Pulse Gram (53.18%), Bread (48.80%), Wheat Flour (48.35%), Salt Powdered (48.14%), Pulse Mash (46.17%), LPG (43.76%), Mustard Oil (42.09%) and Washing Soap (41.96%), while a decrease is observed in the prices of Tomatoes (61.98%), Chillies Powdered (15.32%), Electricity for Q1 (12.31%) and Gur (0.27%).