food inflation

Weekly inflation dips 0.32pc

ISLAMABAD – The weekly inflation for the week ended on January 21 for the combined income group witnessed decrease of 0.32 percent as compared to the previous week.
The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 216.97 points against 217.67 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).
Similarly, as compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 3.63 percent.
The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.
Meanwhile, the SPI for the lowest income group up to Rs 8000 was also decreased by 0.26 percent as it went down from 208.38 points in the previous week to 207.83 points in the week under review.
As compared to the last week, the SPI for the income groups from Rs 8001-12,000, Rs 12,001-18,000 and 18,001-35,000 decreased by 0.29 percent, 0.32 percent, 0.36 percent and 0.36 percent respectively.
During the week under review average prices of 14 items registered decrease, while that of 13 items increase with the remaining 26 items’ prices unchanged.
The items which registered decrease in their prices during the week under review included chicken farm, tomatoes, potatoes, LPG cylinder, eggs (farm), gur, onions, wheat, wheat flour, vegetable ghee (loose), pulse masoor, red chilly powder (loose), garlic and kerosene oil.
The items which recorded increase in their average prices included bananas, pulse mash, cooked beef, cooked pulses, cigarettes, bathing soap, milk (fresh), pulse moong, powdered mil, pulse gram, curd, sugar and mutton.
The items with no change in their average prices during the week under review included rice basmati (broken), rice-IRRI, bread plain, beef with bone, mustard oil, cooking oil (tin), vegetable ghee (tin), salt powder (loose), tea, tea (prepared), long cloth, shirting, lawn printed, georgette, firewood whole, gents sandal, gents shoes, ladies sandal, electricity charges, gas charges, electric bulb, washing soap, match box, petrol, Hi Speed Diesel and telephone charges.

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