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Home Budget

Weekly Inflation Is About To Touch 20 Percent: PBS

admin-augaf by admin-augaf
December 17, 2021
in Budget, Finance, National, News
Reading Time: 1 min read
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Weekly Inflation Is About To Touch 20 Percent: PBS
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Islamabad December 17, 2021: The SPI for the current week ended on 16th December, 2021 recorded an increase of 19.49%, according to data released by Pakistan Bureau of Statistics.

Increase observed in the prices of Electricity for Q1 (83.95%), LPG (65.26%), Cooking Oil 5 litre (60.37%), Vegetable Ghee 1 Kg (57.56%), Vegetable Ghee 2.5 Kg (55.62%), Mustard Oil (55.60%), Washing Soap (45.75%), Petrol (35.42%), Chilies Powdered (32.24%), Pulse Masoor (29.52%) and Diesel (26.72%).

On the other hand major decrease observed in the prices of Onions (28.72%), Pulse Moong (24.87%), Chicken (16.09%), Tomatoes (14.76%), Potatoes (14.58%) and Eggs (9.86%) on year on year basis.

The weak on weak trend depicts increase 0.55%. Increase in the prices of food items Pulse Masoor (4.11%), Salt (3.70%), Pulse Gram (2.08%), Bananas (1.69%), Mustard Oil (1.35%), Pulse Mash (1.32%), non-food items Electricity for Q1 (10.37%) and Washing Soap (1.23%) was observed with joint impact of (1.55%) into the overall SPI for combined group of (0.55%).

On the other hand, decrease observed in the prices of Potatoes (15.52%), Tomatoes (12.65%), Chicken (5.94%), Onions (3.94%), Diesel (3.48%), Petrol (3.40%), Eggs (1.69%), Gur (1.34%), Sugar (1.29%), Chilies Powdered (0.57%), Beef (0.54%), Pulse Moong (0.37%), Rice Basmati Broken (0.20%), Mutton (0.15%) and Wheat Flour (0.04%).

During the week, out of 51 items, prices of 17 (33.34%) items increased,15 (29.41%) items decreased and 19 (37.25%) items remained stable.

admin-augaf

admin-augaf

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