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Short-term inflation in Pakistan continues to be above 45pc

ISLAMABAD: For the week ending April 27, the weekly inflation rate as measured by the Sensitive Price Indicator (SPI) increased by 0.15 percentage points to reach 46.82 percent on an annual basis.

According to PBS statistics, the SPI for the week under evaluation in the aforementioned category was 252.20 points as opposed to 251.83 points for the previous week.

The SPI for the total consumption group in the week under review increased by 46.82 percent when compared to the similar week last year.

Out of 51 items, 21 (41.17%) saw price increases during the week, 7 (13.73%) saw price decreases, and 23 (45.10) saw stable prices.

Potatoes (8.22%), Chicken (1.75%), Wheat Flour (1.55%), Gur (1.23%), Bread (1.13%), and Rice Irri-6/9 (1.01%) were among the commodities that saw a week-on-week (WoW) price increase.

Tomatoes (19.20%), Bananas (5.39%), Onions (1.40%), Sugar (1.19%), LPG (1.09%), Pulse Masoor (0.98%), and Mustard Oil (0.39%) were among the commodities with a week-on-week (wow) price reduction.

Wheat flour (175.06%), cigarettes (146.44%), potatoes (114.45%), gas charges for Q1 (108.38%), tea Lipton (104.28%), diesel (102.84%), eggs (91.98%), petrol (87.81%), rice basmati broken (87.71%), bananas (86.33%), rice irri-6/9 (83.39%), pulse moong (67.60%), bread (61.02%), pulse mash (58.10%), and washing soap (49.

Tomatoes (48.33%) and Chilies Powdered (6.48%) were the commodities with the lowest average costs year on year (YoY).

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