Weekly inflation decreases slightly 

Weekly inflation decreases slightly 

Sensitive Price Index

Inflation, as assessed by the Sensitive Price Index (SPI), fell by 0.08 percent in the week ended August 11 compared to the previous week, owing primarily to lower food costs. 

The year-on-year growth in SPI was 37.69 percent, down from a record high of 38.63 percent the previous week, according to data released by the Pakistan Bureau of Statistics (PBS). 

During the previous week, the prices of 26 goods increased, nine fell, and 16 were stable. 

According to PBS data, the price of onions fell by 10.18 percent, bananas by 2.71 percent, chicken by 1.3 percent, ghee by 0.79 percent, mustard oil by 0.36 percent, basmati rice by 0.33 percent, cooking oil by 0.17 percent, and liquefied petroleum gas (LPG) by 1.10 percent. 

Tomatoes, on the other hand, increased 10.35 percent, salt 3.73 percent, eggs 3.67 percent, pulse mash 3.65 percent, pulse moong 3.18 percent, pulse masoor 2.13 percent, garlic 2.03 percent, and firewood 1.36 percent. 

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SPI Fell By 0.12%

The SPI fell by 0.12 percent for the lowest income group (those earning less than Rs17,732 per month) and by 0.07 percent for those earning more than Rs44,175. 

The increase in pulse masoor was 111.9 percent year on year, onions 90.05 percent, cooking oil 73.5 percent, ghee 70.54 percent, and chicken 57.14 percent. Meanwhile, diesel was up 109.15 percent year on year, petrol was up 88.94 percent, washing soap was up 61.92 percent, and electricity prices for the lowest income category were up 52.61 percent.

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