Islamabad, Jan 3: The Sensitive Price Indicator (SPI) recorded a 3.97% year-on-year (YoY) increase in weekly inflation for the period ending January 2, according to the Pakistan Bureau of Statistics (PBS).
Key Highlights:
- Year-on-Year Trend:
- Inflation rose by 3.97% compared to the same week last year.
- Week-on-Week Trend:
- Inflation witnessed a slight decline of 0.07% compared to the previous week.
- Rising Prices:
- Sugar: Increased by Rs. 1.31/kg for the fifth consecutive week.
- Chicken: Up by Rs. 42.07/kg.
- Onions: Up by Rs. 6.37/kg.
- Ghee: Increased by Rs. 7.73 per 2.5kg tin.
- Bananas: Up by Rs. 3/dozen.
- Other items: Beef, pulses, and basmati rice.
- Falling Prices:
- Tomatoes: Decreased by Rs. 34.41/kg.
- Potatoes: Down by Rs. 6.32/kg.
- Eggs, garlic, and wheat flour also showed a downward trend.
Despite slight weekly relief, rising prices of key essentials continue to impact household budgets.