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Relief for the masses as majority of the kitchen item prices decreased in a week time: PBS

admin-augafbyadmin-augaf
March 18, 2022
inBusiness, Finance
Reading Time: 1 min read
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Islamabad March 18 2022: The SPI for the current week ended on 17th March, 2022 recorded a decrease of 1.37 percent, according to data published by Pakistan Bureau of Statistics.

Decrease in the prices of food items are Tomatoes (12.04 percent), Chicken (8.39 percent), Garlic (2.04 percent), Sugar (0.49 percent), Potatoes (0.41 percent), Pulse Gram (0.31 percent) and Pulse Mash (0.14 percent), non-food items, Electricity Charges for Q1 (9.81 percent), LPG (1.58 percent) is observed with joint impact of (-2.05 percent) into the overall SPI for combined group of (-1.37 percent).

On the other hand, Increase observed in the prices of Vegetable Ghee 1 Kg (6.25 percent), Vegetable Ghee 2.5 Kg (4.56 percent), Cooking Oil 5 litre (3.62 percent), Lawn (3.14 percent), Shirting (2.57 percent), Onions (2.06 percent), Georgette (2.00 percent), Cooked Beef (1.98 percent), Long Cloth (1.82 percent), Bananas (1.76 percent), Match Box (1.60 percent), Eggs (1.39 percent), Mustard Oil (1.27 percent) and Mutton (1.03 percent).

During the week, out of 51 items, prices of 29 (56.86 percent) items increased, 09 (17.65 percent) items decreased and 13 (25.49 percent) items remained stable.

The year on year trend depicts an increase of 15.12 percent, Tomatoes (90.53 percent), LPG (73.18 percent), Garlic (65.76 percent), Mustard Oil (58.57 percent), Vegetable Ghee 1 Kg (55.16 percent), Cooking Oil 5 litre (50.75 percent), Vegetable Ghee 2.5 Kg (49.90 percent), Washing Soap (39.17 percent), Pulse Masoor (37.23 percent), Petrol (33.42 percent), Beef (24.84 percent) and Diesel (23.75 percent), while major decrease observed in the prices of Chillies Powder (37.44 percent), Pulse Moong (29.62 percent), Eggs (18.49 percent), Sugar (10.92 percent), Potatoes (8.76 percent) and Electricity Charges for Q1 (0.16 percent).


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