The Sensitive Price Index (SPI)-based inflation for the week ending September 26, 2024, has recorded a slight increase of 0.05 percent, as reported by the Pakistan Bureau of Statistics (PBS).
Key Highlights:
- Out of 51 monitored items:
- 16 items (31.37%) saw price increases.
- 9 items (17.65%) experienced price decreases.
- 26 items (50.98%) maintained stable prices.
Read More: Weekly inflation increases by 0.01%, with the annual rate hitting 14.36%
Notable Price Increases:
During the review period, the following items recorded significant price hikes:
- Tomatoes: +5.78%
- Onions: +5.49%
- Pulse Gram: +1.01%
- Potatoes: +0.94%
- Gur (jaggery): +0.82%
- Firewood (whole 40 kg): +0.64%
- Cooked Daal: +0.47%
- Curd: +0.32%
- Milk (fresh): +0.26%
- Chicken: +0.25%
- Beef (with bone): +0.24%
- LPG: +0.15%
- Rice (Irri-6/9): +0.14%
- Rice (Basmati broken): +0.11%
- Vegetable Ghee (Dalda/Habib, 2.5 kg tin): +0.07%
- Garlic: +0.01%
Year-on-Year Inflation Trends:
Comparing year-on-year, the SPI has increased by 12.80%, driven primarily by the following factors:
- Gas charges for Q1: +570%
- Pulse Gram: +60.21%
- Onions: +51.72%
- Tomatoes: +34.34%
- Beef: +25.61%
- Powdered Milk: +25.41%
- Shirting: +20.17%
- Chicken: +17.07%
- Cooked Daal: +15.97%
- Salt Powder: +15.38%
- Georgette: +13.78%
- Energy Saver: +12.87%
This data reflects the ongoing challenges in managing inflation in Pakistan, particularly concerning essential commodities.