[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]The Sensitive Price Indicator (SPI)-based inflation for the week ending August 16, 2023, rose by 0.78 percent compared to the previous week, with a year-on-year increase of 27.57 percent, as reported by the Pakistan Bureau of Statistics (PBS).
Among 51 items, prices of 32 (62.75 percent) increased, 7 (13.72 percent) decreased, and 12 (23.53 percent) remained stable during the week.
Items that saw an average price rise during the week included rice irri-6/9 (7.48 percent), hi-speed diesel (7.29 percent), petrol super (6.40 percent), garlic (5.06 percent), sugar refined (4.02 percent), gur (3.23 percent), rice basmati broken (3.06 percent), chicken (2.83 percent), bananas (2.72 percent), pulse mash (2.65 percent), onions (2.19 percent), pulse moong (2.12 percent), eggs (1.82 percent), pulse masoor (0.99 percent), tea prepared (0.83 percent), cooked daal (0.81 percent), cooked beef (0.78 percent), LPG (0.62 percent), potatoes (0.61 percent), pulse gram (0.44 percent), mutton (0.39 percent), matchbox (0.18 percent), and milk fresh (0.02 percent).
Also Read: Hazara division faces critical wheat flour shortage
Items that experienced a decrease in average prices included tomatoes (13.60 percent), cooking oil dalda or similar brands (sn), 5-litre tin each (1.65 percent), vegetable ghee dalda/habib 2.5 kg tin each (0.85 percent), vegetable ghee dalda/habib or other superior quality 1 kg pouch each (0.43 percent), firewood whole 40 kg (0.42 percent), mustard oil (0.23 percent), and wheat flour bag 20 kg (0.19 percent).
The year-on-year trend showed a 27.57 percent increase mainly due to rising prices of wheat flour (131.29 percent), gas charges for Q1 (108.38 percent), cigarettes (106.89 percent), tea lipton (95.19 percent), rice basmati broken (88.76 percent), chilies powder (86.05 percent), rice irri6/9 (84.16 percent), sugar (74.71 percent), gur (63.00 percent), chicken (58.56 percent), potatoes (56.30 percent), and salt powdered (49.09 percent). However, there was a decrease in prices of onions (28.85 percent), electricity for Q1 (21.96 percent), pulse masoor (14.85 percent), and vegetable ghee 1 kg (1.20 percent).
[/vc_column_text][/vc_column][/vc_row]
