Tag: Household Expenses
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Cost of living rises: SPI records increase in weekly inflation
The Sensitive Price Indicator (SPI) recorded a slight increase of 0.71 per cent for the week ending November 3, 2023, compared to the previous week. According to data from the Pakistan Bureau of Statistics (PBS), the combined index stood at 279.08 on November 3, 2023, up from 277.11 on October 26, 2023, and significantly higher…
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Weekly inflation increases to 27.5%, impacting household expenses
According to official data from the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) shows that inflation for the week ending on August 17 increased by 27.57 percent compared to the same period last year. In simpler terms, things are getting more expensive.
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Rising inflation forces over 80% of Pakistanis to reduce monthly expenses
A recent survey conducted by PulseConsultant in the month of May has shed light on the significant increase in downtrading among urban Pakistanis, attributed to the high inflation rate. The study surveyed more than 1,360 respondents across the top 12 cities of Pakistan.
