Tag: vegetables
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Vegetable, fruit prices soar by 150 per cent amid strikes, sit-ins
The prices of vegetables and fruits have increased by 150 per cent as strikes by trade organisations and sit-ins by political parties in the country take hold. Roads in Balochistan have been closed since the past four days to impede the Baloch Yakjehti Council from holding a large gathering in Gwadar, hindering goods-carrying vehicles. Consequentially,…
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Weekly inflation in Pakistan jumps to 41.07% due to edible oil, sugar prices
According to data provided by the Pakistan Bureau of Statistics (PBS) on Friday, edible oil, sugar, and vegetables helped drive the weekly inflation up to 41.07 percent on an annual basis. Sensitive Price Index (SPI) measurements of short-term inflation were still on the high side and would go up much more once customers start to…
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Weekly inflation in Pakistan soars 35% from last year’s rates
The Pakistan Bureau of Statistics (PBS) has reported an increase in the Sensitive Price Indicator (SPI) based inflation for the week ending on February 9th, 2023. The SPI recorded a rise of 0.17 per cent due to heightened prices for both food and non-food items. The year-on-year trend shows an increase of 34.83 per cent…
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Weekly inflation jumps by over 29% due to rising food prices
The Sensitive Price Indicator (SPI) based inflation for the week ended December 29, recorded a decrease of 0.09 per cent due to decline in the prices of food and non-food items, says the Pakistan Bureau of Statistics (PBS).
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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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Pakistan to import vegetables from neighbouring countries to overcome shortage
After devastating floods ravaged the nation, Pakistani officials made the decision to import onions and tomatoes from Iran and Afghanistan due to the rising prices and imminent food crisis. The production and supply of vegetables and other crops has been impacted by the recent torrential rains and flooding. At a meeting presided over by Commerce…
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Retailers in Lahore continue to overcharge for food items
Lahore residents are forced to pay high prices for basic food items since a number of store owners refuse to sell basic items at the government-recommended price list. Those who complain about price violations are asked to shop elsewhere where the items are offered at legal prices. The price of chicken was recently cut by…
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Annual inflation in Pakistan jumps to 38.63% after weekly increase of 0.82%
The sensitive price indicator (SPI) hit an annualised high of 38.63 per cent due to a lack of perishable goods brought on by severe rains, and weekly inflation increased by 0.82 per cent for the seven days ending August 4, 2022. The base for most cooked meals in the country is an onion and tomato. Onions…
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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:…
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Turkey: Food prices surged by 89 per cent, transportation costs increased by 106 per cent
Turkey’s inflation rate skyrocketed to almost 70 per cent last month, creating a substantial challenge for President Recep Tayyip Erdogan, whose unusual economic strategies are frequently blamed for the country’s economic woes. Erdogan, defying economic conventional wisdom, insists that major interest rate cuts are essential to reduce spiralling consumer costs. Turkey’s consumer price index (CPI)…