Weekly inflation increases by 0.01%, with the annual rate hitting 14.36%

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Hassan Khan

Weekly inflation increases by 0.01%, with the annual rate hitting 14.36%

The Pakistan Bureau of Statistics (PBS) has reported a slight increase in weekly inflation of 0.01%, bringing the annual inflation rate to 14.36%. This increase reflects ongoing fluctuations in the prices of essential commodities, affecting households nationwide.

The report indicates that 15 essential items have seen price hikes over the past week. Among the most notable increases:

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  • Chicken prices surged by Rs16 per kg.
  • Electricity prices rose by 26 paisas per unit.
  • Daal Channa experienced a price hike of Rs9.26 per kg.
  • Garlic became costlier by Rs12 per kg.
  • Beef prices increased by Rs11 per kg, while mutton saw a rise of Rs14 per kg.

Price Reductions Bring Some Relief

Conversely, 14 essential items experienced a price drop, offering slight relief to consumers:

  • The price of bananas decreased by Rs8 per dozen.
  • Daal Maash saw a reduction of Rs8 per kg.
  • The price of a 20kg flour bag dropped by Rs17.
  • Eggs became cheaper by Rs3 per dozen.

The fluctuation in essential commodity prices continues to create uncertainty for households. With rising costs in food staples and utilities, families are feeling the financial strain. However, occasional drops in certain items offer some temporary respite amidst these ongoing challenges.

This mixed trend in inflation highlights the need for continued monitoring of essential commodity prices to ease the burden on consumers.

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