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Inflation decline 0.26% in a week: PBS

admin-augaf by admin-augaf
May 27, 2022
in Business, Finance
Reading Time: 1 min read
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Inflation surges 1.42% in a week
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Karachi May 27 2022: The SPI for the current week ended on 26th May, 2022 recorded a decrease of 0.26%, as per data published by Pakistan Bureau of Statistics (PBS) on Friday.

Decrease observed in the prices of food items Wheat Flour (12.25%), Chillies Powdered (6.48%), Chicken (4.41%) and Garlic (2.99%), non-food item LPG (0.43%) with joint impact of (-1.00%) into the overall SPI for combined group of (-0.26%).

On the other hand, increase observed in the prices of Potatoes (8.43%) Tomatoes (6.33%), Eggs (6.29%), Rice Basmati Broken (4.71%), Mustard Oil (4.16%), Pulse Masoor (3.93%), Milk Fresh (3.47%), Onions (3.03%), Pulse Gram (2.58%), Curd (2.35%), Washing Soap (2.13%), Cooked Beef (1.55%), Beef (1.42%), Pulse Mash (1.33%), Cooked Daal (1.32%), Mutton (1.30%) and Rice Irri-6/9 (1.24%).

During the week, out of 51 items, prices of 27 (52.94%) items increased, 05 (9.81%) items decreased and 19 (37.25%) items remained stable.

The year on year trend depicts an increase of 16.97%, Onions (184.91%), Tomatoes (180.60%), LPG (92.33%), Garlic (81.67%), Mustard Oil (66.66%), Pulse Masoor (64.36%), Cooking Oil 5 litre (61.21%), Vegetable Ghee 1 Kg (60.65%), Vegetable Ghee 2.5 Kg (60.21%), Washing Soap (42.28%), Petrol (37.42%) and Diesel (29.63%), while major decrease observed in the prices of Chillies Powdered (43.42%), Pulse Moong (23.30%), Bananas (19.86%), Sugar (12.82%), Potatoes (12.63%) and Gur (0.89%) and Electricity charges for Q1 (11.71%).


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Tags: Inflation
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