Inflation in Pakistan reaches all time high of 46%
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Loading... - Krishna Khosla
- 27 Mar 2023
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The SPI for the current week ended on March 22 recorded increase of 1.80 percent.
Short-term inflation, measured by the Sensitive Price Index (SPI), reached an all-time high of 46.65 percent year-on-year for the week ending on March 22, in comparison to last week 45.64’s percent YoY, as per data by Pakistan Bureau of Statistics (PBS), media reports said.
On a week-on-week basis, short-term inflation increased by 1.80 percent as tomatoes, potatoes and wheat flour became costlier, Samaa TV reported.
The SPI for the current week ended on March 22 recorded increase of 1.80 percent.
Major increase is observed in the prices of food items – tomatoes (71.77 percent), wheat flour (42.32 percent), potatoes (11.47 percent), bananas (11.07 percent), tea Lipton (7.34 percent), pulse mash (1.57 percent), tea prepared (1.32 percent) and gur (1.03 percent), and non-food items like georgette (2.11 percent), lawn (1.77 percent) and long cloth (1.58 percent), Samaa TV reported.
On the other hand, decrease was observed in the prices of chicken (8.14 percent), chillies powdered (2.31 percent), LPG (1.31 percent), mustard oil & garlic (1.19 percent) each, pulse Gram & onions (1.06 percent each), vegetable ghee 1 kg (0.83 percent), cooking oil 5 litre (0.21 percent), pulse moong (0.17 percent), pulse masoor (0.15 percent), and Eggs (0.03 percent). Read More…
