Sensitive Price Indicator (SPI), a measure of short-term inflation, showed a year-over-year increase of 30.82% for the week ending on August 10, according to official statistics from the Pakistan Bureau of Statistics (PBS).
Pakistan’s weekly inflation: The short-term inflation increased by 0.69 percent week over week and doesn’t appear to be going down, which worries both consumers and experts.
29 of the 51 commodities in the SPI basket saw price increases, five had price decreases, and 17 saw no change from the prior week.
During the week under review, the items whose prices increased the most over the same week a year ago were: wheat flour (131.81pc), cigarettes (109.57pc), gas charges for Q1 (108.38pc), tea Lipton (95.19pc), rice basmati broken (84.09pc), chillies powder (72.94pc), rice Irri-6/9 (72.74pc), sugar (67.90pc), chicken (65.87pc), gur (58.93pc), gents sponge chappal (58.05pc), potatoes (57.02pc) and tomatoes (53.66pc).
The price of eggs (1.74%), powdered milk (3.65%), pulse mash (3.13%), garlic (2.39%), sugar (2.30%), chicken (2.27%), and chilli powder (3.72%) increased the most week over week.