Weekly Inflation Climbs 0.73% As Key Commodity Prices Rise

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Weekly Inflation Climbs 0.73% As Key Commodity Prices Rise

Pakistan’s Weekly Inflation rose by 0.73%, while the annual inflation rate reached 4.32%, according to the Pakistan Bureau of Statistics (PBS). The increase comes amid rising prices of several essential goods.

Sugar prices across major cities ranged between Rs179 and Rs220 per kilogram, adding to the overall inflationary pressure. During the past week, prices of 14 essential commodities increased, while 12 items recorded a decrease. The prices of 25 goods remained stable, PBS reported.

Key items that became more expensive included moong dal, ghee, cooking oil, and powdered milk. Sugar, jaggery, beef, electricity, LPG, cigarettes, and firewood also saw price hikes. Electricity tariffs for low-income households increased by more than 11%, contributing to higher living costs.

Meanwhile, some commodities became more affordable. Tomatoes fell by 28%, onions by 10%, and potatoes by up to 4.58%. Salt, chana dal, garlic, eggs, and flour also experienced modest price reductions.

PBS data indicates that Weekly Inflation is largely driven by rising costs in staple foods and energy, while seasonal supply changes lead to minor price decreases in some items. The variation reflects the ongoing challenges faced by consumers in managing household expenses.

Economists say that monitoring Weekly Inflation trends is important for understanding short-term price pressures and planning household budgets. Rising prices in essential commodities like sugar, cooking oil, and electricity are key factors influencing these changes.

In other related news also read SBP Governor Highlights Economic Recovery, Lowest Inflation in Nine Years

The government continues to review policies to control price fluctuations and provide relief to low-income households. Experts advise consumers to track price trends and make informed purchases to mitigate the impact of rising costs.

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