Weekly inflation reaching alarming heights, further increases by 2.82%
According to Pakistan Bureau of Statistics, inflation rate increased by 34.5% in week ending February 2, while inflation rate was recorded at 32.6% at the end of previous week
Pakistan Bureau of Statistics (PBS) has said that weekly inflation rate for the week ended February 2 was recorded at 2.82 percent.
This was revealed in official statistics released on Friday. According to the report, the prices of essential goods have increased at the fastest rate in more than four months, mainly due to the increase in fuel prices.
ISLAMABAD (Urdu Point Akhbar Latest. 03 February 2023): The Pakistan Bureau reported an increase of 2.82 percent in the weekly inflation measured by the Sensitive Price Index (SPI) for the combined consumption group during the week ending February 02. was seen Statistics (PBS) reported on Friday.
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The Pakistan Bureau of Statistics (PBS) has said that data on the short-term increase in inflation has been released by the Statistical Performance Indicator (SPI), which showed that the inflation rate stood at 34.5 for the week ending February 2. percent was recorded while at the end of last week the rate of inflation was recorded at 32.6 percent. That is, the prices of essential commodities increased by 2.82%.
According to the weekly inflation statistics, out of 51 essential commodities, 32 commodities increased in price, one commodity decreased in price while 18 commodities remained unchanged.
The prices of the commodities that have increased the most compared to last year include onion (556.36%), chicken (90.9%), eggs (81.7%), diesel (81.4%), petrol (68.8%), tea (63.9%) are included.
Basmati broken rice (63.4%), rice Ari-6/9 (62.4%), mung dal (61.1%), banana (57.4%), gram dal (53.2%), bread (48.8%), wheat flour ( 48.4%), powdered salt (48.1%), mash dal (46.2%), LPG (43.8%), mustard oil (42.1%), and washing soap (42%).
On the other hand, a decrease was recorded in the price of tomato (62%), the price of chili powder (15.3%), the price of electricity (12.3%) and the price of jaggery (0.27%).
On a weekly basis, garlic (17.1%), gram dal (7.1%), banana (4.8%), chicken (4.4%), mash dal (3.9%) saw the highest change in prices.
According to the Pakistan Bureau of Statistics (PBS), inflation increased by 1.71% for the lowest income group (i.e. those earning less than Rs 17,732 per month) and 3.3 percent for those earning more than Rs 44,175 per month. has happened
