Tag: potatoes
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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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Pakistan’s weekly inflation reaches record high of 48.35%
According to data from the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) has risen by 1.05 per cent to reach a record high of 48.35 per cent year-on-year for the week ending May 4. The SPI for the aforementioned week was recorded at 254.84 points, compared to 252.2 points the previous week.
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Weekly inflation in Pakistan jumps to 42.3% as prices increase ahead of Ramadan
According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, weekly inflation surged by 1.37 per cent week-on-week and 42.27 per cent year-on-year during the week ended March 9. This marks a 25-week high on an annualized basis, as prices of perishables have started to rise ahead of Ramadan. The surge in…
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Potatoes for McDonald’s fries are grown on Bill Gates’ farms in vast fields visible from space
Potatoes used by McDonald’s are among the fresh produce grown across farmland owned by Bill Gates. As per reports, the potatoes for McDonald’s fries are grown in fields in Washington state. The fields that grow potatoes and a few other vegetables are so massive that they are visible from space. Gates and his wife among…