Tag: food items
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Weekly inflation in Pakistan remains stubbornly high at 45.72%
Despite coming down marginally, weekly inflation remains above 45 per cent and stood at 45.72 per cent on a year-on-year (YoY) basis for the week ended on 18th May 2023, showed data released by the Pakistan Bureau of Statistics (PSB) on Friday.
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Weekly inflation in Pakistan spikes above 44%
The Pakistan Bureau of Statistics (PBS) has reported that for the week ending on April 6, 2023, the Sensitive Price Indicator (SPI) based inflation has increased by 0.92 per cent. This rise is mainly due to an increase in the prices of food items such as chicken (15.87 per cent), sugar (13.48 per cent), potatoes…
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CPI inflation in Pakistan increases to 26.6% in October
In Pakistan, Consumer Price Index (CPI)-based inflation rose sharply in October, surging by 26.6 per cent year over year (YoY). On the other hand, it climbed 4.7 per cent month over month (MoM), indicating a decline of 1.2 per cent from September. “CPI inflation General, increased to 26.6 per cent on YoY basis in Oct…
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Weekly inflation increases 0.94% as food prices rise
Owing to an increase in the prices of food items, the Sensitive Price Indicator (SPI)-based weekly inflation for the week ending September 29 increased by 0.94 per cent. The items which saw an increase in prices include onions (47.77 per cent), tomatoes (30.29 per cent), tea Lipton (2.50 per cent), bread (1.74 per cent) and…
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Weekly inflation down 8.1% due to lower FCA, timely import of vegetables
Weekly inflation measured by the Sensitive Price Indicator (SPI) for the week ending September 22, 2022, decreased by 8.11 per cent. The year-over-year (YoY) trend shows a rise of 29.28 per cent, which is down around 11 per cent from the 40.58 per cent observed last week. The YoY rise stayed above 40 per cent…
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Vegetable prices soar amid low supply due to floods
Extreme flooding has hampered the supply of perishable items from agricultural areas, driving up the prices of onions and tomatoes in city markets. While tomatoes cost Rs400-450 per kilogramme (kg), onions cost Rs350-400 per kg. Onion prices rose by Rs75 per kg week over week in the official rate list, while tomato prices rose by…
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Eid-ul-Fitr 2022: Here’s why Pakistan is paying a lot more than last year for clothes, food
Cities are decked with spectacular illumination around shopping malls, major streets, and side lanes as Eid shopping begins. Despite growing inflation, there is a lot of hustle in commercial areas. But do you know how much higher we are paying for everything this year, from food to clothing, than we did last year? Undoubtedly, the PTI-led…
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Govt to reduce taxes on food items: reports
The government has reportedly decided to reduce taxes on the prices of food items, Ayaz Akbar Yousafzai reported for Geo News. According to sources, a meeting was held in Islamabad under the chairmanship of Prime Minister (PM) Imran Khan to review the rising inflation and the overall economic situation in the country. The impact of…
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Incumbent government fails to control inflation, 9.1pc ahead of Ramzan
The Consumer Price Index (CPI) witnessed a new round of inflation (increase in prices of goods and services) up to 9.1 per cent from 8.7 per cent in February. Inflation took place primarily due to price increase in food items, clothing and footwear, say the Pakistan Bureau of Statistics (PBS). Non-food items also witnessed a…