Tag: Sensitive Price Index
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Pakistanis catch a break as weekly inflation hits 18-week low
Short-term inflation in Pakistan dipped to 29.06 per cent year-on-year by the week ending March 21, stepping down from its prolonged stint above 30 per cent for the past 18 weeks, as per recent official data.
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Short-term inflation skyrockets to record 45.64% in Pakistan: What’s causing the surge?
The Pakistan Bureau of Statistics (PBS) has released data revealing that short-term inflation based on the Sensitive Price Index (SPI) rose to a record 45.64 per cent for the combined income group on a year-on-year basis for the week ending March 16. This increase was driven by the consistent rise in the prices of essential…
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Govt to stop release of weekly Sensitive Price Index after severe backlash due to inflation
After severe criticism due to uncontrolled inflation, the federal government has decided to stop the release of weekly Sensitive Price Index (SPI) data and instead release monthly Consumer Price Index (CPI), reports Business Recorder. This decision was taken by the Federal Cabinet in its meeting held on November 2, presided over by Prime Minister (PM)…