A 0.40 percent decrease in week-over-week inflation was recorded.
Tomatoes, potatoes, and eggs saw price decreases, while poultry, onions, wheat flour, and rice saw price increases.
Sensitive Price Indicator (SPI) data for the week that ended on December 15 showed that the combined consumption group’s weekly inflation decreased by 0.40 per cent, the Pakistan Bureau of Statistics (PBS) announced on Friday.
According to PBS statistics, the SPI for the week under evaluation in the aforementioned category was 217.64 points as opposed to 218.51 points for the previous week.
The SPI for the total consumption group in the week under review increased by 29.42 percent when compared to a similar week last year.
The weekly SPI, with base year 2015–16 =100, covers 51 necessities for all expenditure categories across 17 urban centres.
The SPI for the lowest consumption group up to Rs 17,732 decreased by 0.77 percent and dropped from 227.45 points last week to 225.69 points this week.
The SPI decreased by 0.65 percent, 0.51 percent, 0.44 percent, and 0.29 percent for the consumption groups from Rs 17,732-22,888, Rs 22,889-29,517, Rs 29,518-44,175 and beyond Rs 44,175 respectively.
Out of 51 items, 22 (43.14%) saw price increases during the week, 9 (17.65%) saw price decreases, and 20 (39.21%) saw constant prices.
Tomatoes (-28.71%), potatoes (-16.63%), eggs (-2.64%), vegetable ghee (-0.91%), vegetable ghee (-0.65%), pulse masoor (-0.61%), pulse mash (-0.44%), cooking oil (5 litres) (-0.32%), and pulse gramme (-0.22%) were among the goods with decreases in their average costs on a week-over-week (wow) basis.
Chicken (5.89%), onions (4.45%), washing soap (2.30%), wheat flour (2.17%), rice basmati broken (2.04%), rice irri-6/9 (1.74%), sugar (1.31%), firewood (1.27%), and salt powdered (1.08%) were among the items whose average prices increased.