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Pakistan Household Inflation Reaches 48.4% on Higher Wheat Flour Prices

admin-augaf by admin-augaf
May 5, 2023
in Business, Finance
Reading Time: 1 min read
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Islamabad May 5 2023: Pakistan household inflation measured by SPI increases 1.05 percent during the week to reach 48.35 percent on year on year trend, Pakistan Bureau of Statistics revealed on Friday.

During the week major increase is observed in the prices of food items, Chicken (8.91 percent), Potatoes (3.99 percent), Powdered Milk (3.81 percent), Pulse Gram (1.96 percent), Pulse Masoor (1.83 percent), Eggs (1.81 percent), Mutton (1.71 percent), Pulse Mash (1.58 percent), Cooked Daal (1.36 percent), and Bread (1.13 percent), non-food items, Gents Sponge Chappal (58.05 percent), Gents Sandal (33.36 percent), Ladies Sandal (14.31 percent) and Washing Soap (1.27 percent).

On the other hand decrease is observed in the prices of Onions (16.69 percent), Garlic (3.44 percent), Tomatoes (3.41 percent), Diesel (1.70 percent), Mustard Oil (0.99 percent), LPG (0.96 percent), Cooking Oil 5 Litre (0.40 percent) and Vegetable Ghee 2.5kg & 1kg (0.10 percent) each.

During the week, out of 51 items, prices of 30 (58.82 percent) items increased, 09 (17.65 percent) items decreased and 12 (23.53 percent) items remained stable.

The year on year trend depicts increase of 48.35 percent, Wheat Flour (177.61 percent), Cigarettes (146.44 percent), Potatoes (123.00 percent), Gas Charges for Q1 (108.38 percent), Tea Lipton (104.28 percent), Gents Sponge Chappal (100.33 percent), Diesel (99.39 percent), Eggs (95.45 percent), Rice Basmati Broken (89.31 percent), Bananas (87.86 percent), Petrol (87.81 percent), Rice Irri-6/9 (84.43 percent), Pulse Moong (68.44 percent), Bread (62.83 percent) and Pulse Mash (60.59 percent), while decrease is observed in the prices of Tomatoes (50.09 percent), Onions (10.03 percent) and Chilies Powdered (6.48 percent).

Tags: Inflation
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