Weekly Inflation Goes Down
Muhammad Irfan Published September 24, 2021 | 06:10 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 24th Sep, 2021 ) :The Sensitive price Indicator (SPI) based weekly inflation for the week ended on September 23, for the combined consumption group, witnessed decrease of 0.07 percent as compared to the previous week, Pakistan Bureau of Statistics (PBS) reported Friday.
The food commodities that contributed in decline in weekly inflation included bananas, the prices of which decreased by 7.87 percent on Week-on-Week (WoW) basis.
The other items that witnessed decrease in prices included onions (4.69%), garlic (2.12%), pluse moong (2.11%), pulse Mash (1.70%), wheat flour bag (1.60%), pulse Gram (1.27%), pulse Masoor (0.27%) and Rice Irri and Potatoes (0.18%).
On Year-on-Year basis, the commodities that witnessed decrease in prices included tomatoes (37.83%), pulse moong (28.
31%) and potatoes (26.89%).
Meanwhile, the commodities that witnessed increase on WoW basis, included tomatoes (14.21%), tea Lipton (1.73%) and eggs (1.69%).
The items that witnessed increase in prices on YoY basis included, electricity for Q1 (57.92%), LPG (52.90%), chicken (44.39%), vegetable ghee 1 Kg (40.14%), vegetable ghee 2.5 Kg (38.49%), cooking Oil 5 litre (38.16%), mustard oil (37.22%), chilies Powder (35.71%), gents sandal (33.37%), eggs (28.83%) and gents sponge chappal (25.13%).
It is pertinent to mention here that the weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.
During the week, out of 51 items, prices of 20 (39.21%) items increased 10 (19.61%) items decreased and 21 (41.18%) items remained constant.
Recent Stories
3 Gawadar attack victims funeral offered
Mbappe says he will leave PSG at end of season
Usmani felicitates Sardar Saleem on taking oath as Punjab Governor
DC for provision of facilities to people in Lasbela
Solar storm could bring auroras, power and telecoms disruptions
Court grants interim bail to PTI leaders
Ulema, Mashaykh call for political accountability, collaboration for Pakistan's ..
SHRC asks NADRA to issue CNICs to transgender as per law
Flash floods kill 50 in one day in north Afghanistan
CDA chief expresses commitment to promoting modern-day technologies
By wide margin, UN General Assembly votes to back Palestinian bid for membership ..
Musadik slams PTI's political approach as provocative
More Stories From Business
-
Mongolian envoy for boosting bilateral economic ties
5 hours ago -
SBP provides practicable foundation for elimination of Riba: chief manager
6 hours ago -
Rupee gains 08 paisa against US dollar
6 hours ago -
Pakistan, Korea sign Aide-Mémoire for Enhanced Development Cooperation 2024-2026
6 hours ago -
European stock markets hit record highs on rate cut hopes
6 hours ago -
Steps being taken for uplift of industries, socioeconomic conditions: SACM
6 hours ago
-
Meezan Bank, Roche Pakistan join forces to combat breast cancer
7 hours ago -
Salim calls for utilizing Turkish expertise in PIA's privatization
8 hours ago -
PSX stays bullish, gains 427 more points
8 hours ago -
Pakistan committed to promote green investment: Aurangzeb
8 hours ago -
Short-term inflation eases by 1.39 percent
9 hours ago -
Gold rates increase by Rs.4,600 to Rs 243,800 per tola
10 hours ago