Islamabad November 22 2024: Pakistan household inflation measured by SPI for the for the current week decline to 4.92 percent on year-on-year basis from 30.6 percent in November last year due to significant drop in wheat and fuel prices.
Major decrease is observed in the prices of Wheat Flour (35.49 percent), Chilies Powder (20.00 percent), Diesel (13.92 percent), Petrol (11.64 percent), Tea Lipton (11.07 percent), Rice Basmati Broken (8.25 percent), Pulse Masoor (7.21 percent), Bread (5.99 percent), Electricity Charges for Q1 (5.07 percent), Sugar (3.67 percent) and Cooking Oil 5 Litre (2.98 percent).
Bag of 20 kg wheat flour is being sold at PKR 1,833 during the week compared to rate of PKR 2,841 during the same time last year.
While major increase was observed in Ladies Sandal (75.09 percent), Pulse Gram (70.95 percent), Pulse Moong (38.53 percent), Powdered Milk (25.74 percent), Beef (23.79 percent), Onions (21.05 percent), Tomatoes (19.69 percent), Garlic (16.08 percent), Gas Charges for Q1 ( 15.52 percent), Shirting (15.27 percent), Mutton (14.80 percent) and Georgette (13.07 percent).
However, on week-on-week basis SPI increased by 0.67 percent. Major increase is observed in the prices of Ladies Sandal (55.62 percent), Tomatoes (20.72 percent), Potatoes (3.81 percent), Garlic (3.42 percent), Eggs (3.16 percent), Vegetable Ghee 1Kg (2.30 percent), Vegetable Ghee 2.5Kg (1.73 percent), Mustard Oil (1.28 percent), Onions (0.98 percent) and Shirting (0.04 percent).
On the other hand, decrease is observed in the prices of Chicken (2.97 percent), Pulse Gram (1.70 percent), LPG (0.80 percent), Pulse Masoor (0.62 percent), Rice Basmati Broken (0.40 percent), Sugar (0.27 percent), Wheat Flour (0.25 percent), Pulse Mash (0.23 percent) and Rice IRRI-6/9 (0.22 percent).
During the week, out of 51 items, prices of 17 (33.33 percent) items increased, 11 (21.57 percent) items decreased and 23 (45.10 percent) items remained stable.
