SPI Inflation Down 8.11pc Wow – Business & Finance RS News

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ISLAMABAD: Sensitive Price Indicator (SPI) based weekly inflation for the week ended September 22 declined by 8.11 per cent due to fall in prices of food items including tomato (8.15 per cent), banana (1.90 per cent), garlic. The Pakistan Bureau of Statistics (PBS) says 1.31 per cent), cooking oil (0.78 per cent) and non-food items electricity (64.23 per cent) and LPG (3.82 per cent).

The year-on-year trend shows an increase of 29.28 per cent mainly due to increase in prices of tomato (117.55 per cent), diesel (105.12 per cent), petrol (91.87 per cent), lentil (75.38 per cent). Dal gram (73.55 percent), Mustard oil (65.64 percent), Cooking oil 5 liters (63.63 percent), Soap (61.50 percent), Vegetable ghee 2.5 kg (59.42 percent), Dal mash (56.93 percent), Vegetable Ghee 1 kg (56.09 per cent), onion (50.83 per cent) and LPG (49.89 per cent), while electricity prices saw a decline in the first quarter (45.61 per cent), chilli powder (43.05 per cent), sugar. (19.20 per cent), and jaggery (3.37 per cent).

According to the latest PBS data released on Friday, the SPI for the week under review in the above group was recorded at 203.21 points against 221.14 points last week.

During the week, out of 51 items, prices of 26 (50.98 per cent) items increased, 10 (19.61 per cent) decreased and 15 (29.41 per cent) remained stable.

For consumer group up to Rs 17,732, Rs 17,732-22,888, Rs 22,889-29,517, Rs 29,518-44,175 and above Rs 44,175 SPI declined by 8.45 per cent, 11.91 per cent, 8.02 per cent, 6.07 per cent. percent, and 4.08 percent, respectively.

Commodities that registered a reduction in their average prices on WOW basis included electricity duty for q1 (64.23 per cent), tomato (8.15 per cent), LPG (3.82 per cent), banana (1.90 per cent), garlic (1.31). per cent), lentils (0.99 per cent), cooking oil Dalda or other similar brand (SN), 5 liter tin each (0.78 per cent), onion (0.46 per cent), vegetable ghee Dalda/Habib 2.5 kg tin each (0.34 per cent) and Vanaspati Ghee Dalda/ Habib or other better quality 1 kg sachet each (0.06 per cent).

Commodities that registered an increase in their average prices were wheat flour bag 20 kg (22.47 per cent), tea Lipton Yellow Label (6.42 per cent), chicken (4.52 per cent), pulses (2.54 per cent), bread plain (2.36 per cent). ), Cigarette Capstan 20 packets (1.82 percent), Rice Basmati broken (1.51 percent), Potato (1.45 percent), Moong (1.31 percent), Rice Eri-6/9 (1.07 percent), Toilet soap Lifebuoy (0.94 percent) , Curd (0.87 percent), Sugar (0.82 percent), Beef with bone (0.75 percent), Eggs (0.61 percent), Petrol (0.60 percent), Mash (0.55 percent), Fresh milk (0.52 percent), Mutton ( 0.29 percent), Sufi laundry soap (0.28 percent), Cooked beef (0.28 percent), Matches (0.24 percent), Mustard oil (0.22 percent), Cooked lentils (0.19 percent), Georgette (0.06 percent), and powdered milk Nido (0.02 percent).

Commodities whose prices remained unchanged were Jaggery, Salt Powder, Chilli Powder National, Tea Ready, Long Fabric 57″ Gul Ahmed/Al Karam, Shirting, Lawn Printed Gul Ahmed/Al Karam, Gents Sandals Bata Jodi, Gents Sponge Chappal Bata Jodi Are included. , Mahila Chandan Bata, gas charges, firewood, energy savers, high speed diesel, and telephone call charges.

Copyright Business Recorder, 2022

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