Tag: spi
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Weekly inflation increases more than 38% as prices of petrol and food items hit the roof
he latest inflation report released by the Pakistan Bureau of Statistics shows a 2.89% increase in the Sensitive Price Indicator (SPI) for the week ended February 16, 2023. The report highlights a significant increase in food and petrol prices leading to a 38.42% year-on-year inflation. The report also includes details on the items that have…
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Weekly Inflation jumps 34.5% from last year due to petrol and food prices
According to official statistics released on Friday, prices rose at their fastest pace in more than four months in the outgoing week, mostly due to rises in the cost of food and petroleum. Sensitive Price Indicator (SPI) data showed that as a result, short-term inflation increased from the previous week’s 32.6 per cent to 34.5…
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Here’s how Pakistan’s inflation is impacting consumer buying pattern
In Pakistan, the real value of income has been undermined by inflation, while high interest rates have raised the cost of borrowing. Record inflation rates have dominated news for the past year, coupled with supply chain problems, material shortages, elevated fuel prices, and vegetable prices that increased by 500 per cent in September. According to…
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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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Weekly inflation decreases only 0.58 per cent from record high
According to Pakistan Bureau of Statistics (PBS), the Sensitive Price Index (SPI) for the week ending September 8, 2022, decreased by 0.58 per cent as a result of falling food prices. In comparison to the previous week’s record high of 45.50 per cent, the yearly trend shows an increase of 42.70 per cent. The year-on-year…
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Pakistan inflation hits highest level since 1973
According to the Pakistan Bureau of Statistics (PBS), Pakistan’s Consumer Price Index-based inflation (CPI) climbed by 27.3 per cent on a year-over-year basis in August 2022 as opposed to an increase of 24.9 per cent the previous month and 8.4 per cent in August 2021. Inflation has increased by an average of 26.1 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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Food price hikes pushes weekly inflation to 3.38 per cent
According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) for the week ended June 16, 2022, surged by 3.38 per cent due to increases in the prices of food and non-food items. The year-over-year (YoY) trend indicates a 27.82 per cent rise, owing primarily to an increase in rates of following:…