Islamabad May 24 2024: Pakistan household inflation, the SPI, for the current week ended on May 23, 2024 decreased by 0.34 percent, according to data released by Pakistan Bureau of Statistics.
This is the sixth consecutive weekly drop in the household item prices.
During the week, major decrease is observed in the prices of Garlic (7.87 percent), Chicken (5.92 percent), Wheat Flour (4.66 percent), LPG (3.23 percent), Onions (1.99 percent), Eggs (1.22 percent), Rice Basmati Broken (1.12 percent), Pulse Masoor (0.95 percent), Rice IRRI (0.84 percent) and Firewood (0.04 percent).
On the other hand, major increase is observed in the prices of Beef (0.49 percent), Energy Saver (0.44 percent), Pulse Gram (0.42 percent), Milk Powder (0.37 percent), Tea Prepared (0.30 percent), Mutton (0.25 percent), Gur (0.22 percent), Shirting (0.17 percent), Cigarettes (0.13 percent), Curd (0.11 percent) and Milk Fresh (0.06 percent).
During the week, out of 51 items, prices of 12 (23.53 percent) items increased, 18 (35.29 percent) items decreased and 21 (41.18 percent) items remained stable.
The year on year trend depicts increase of 21.31 percent, Gas Charges for Q1 (570.00 percent), Onions (88.26 percent), Chilies Powder (69.71 percent), Garlic (53.46 percent), Tomatoes (38.63 percent), Salt Powder (32.72 percent), Shirting (30.39 percent), Gents Sandal (25.01 percent), Beef (23.70 percent), Energy Saver (22.48 percent), Pulse Mash (21.79 percent) and Sugar (20.18 percent) while decrease is observed in the prices of Bananas (38.32 percent), Wheat Flour (30.82 percent), Chicken (23.18 percent), Cooking Oil 5 Litre (18.83 percent), Vegetable Ghee 1 Kg (16.07 percent), Vegetable Ghee 2.5 Kg (16.02 percent), Mustard Oil (12.49 percent), LPG (10.92 percent) and Eggs (7.62 percent).
