Friday December 24, 2021

Countrywide Inflation Ratio Reaches 19.83pc

ISLAMABAD: TThe SPI for the current week ended on 23rd December 2021 recorded an increase of 0.40%. Increase in the prices of food items Tomatoes (7.28%), Eggs (2.95%), Pulse Masoor (1.72%), Sugar (1.46%), non-food items Gents Sponge Chappal (20.08%), Ladies Sandal (16.69%), Gents Sandal (8.34%), LPG (5.03%) and Georgette (1.00%), was observed with joint impact of (0.49%) into the overall SPI for combined group of (0.40%), according to the Sensitive Price Indicator (SPI) data released by Pakistan Bureau of Statistics (PBS) here Friday.

The items that witnessed increase in prices on WoW basis included pulse tomatoes (7.28%), eggs (2.95%), pulse Masoor (1.72%), sugar (1.46%), gents sponge chappal (20.08%), ladies sandal (16.69%), gents sandal (8.34%), LPG (5.03%) and georgette (1.00%).

On YoY basis, the commodities that witnessed increase in prices included electricity for Q1 (83.95%), LPG (71.18%), cooking oil 5 litre (59.93%), vegetable ghee 1 Kg (56.77%), vegetable ghee 2.5 Kg (54.70%), mustard Oil (53.75%), gents sponge chappal (50.25%), gents sandal (44.49%), washing soap (44.39%), petrol (35.42%), pulse Masoor (34.35%), chilies Powdered (26.75%) and diesel (26.72%),

During the week, out of 51 items, prices of 23 (45.09%) items increased, 05 (9.80%) items decreased and 23 (45.09%) items remained stable.

The SPI for the week under review in the above mentioned group was recorded at 168.83 points against 168.16 points registered in the previous week.

The weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.

The Sensitive Price Indicator for the lowest consumption group up to Rs17,732 witnessed 0.28 percent increase and went up from 177.32 points in last week to 177.82 points during the week under review.

Meanwhile, the SPI for the consumption groups from Rs17,732-22,888; Rs22,889-29,517; Rs29,518-44,175 and above Rs 44,175 increased by 0.29 percent, 0.31 percent, 0.133 percent and 0.46 percent respectively.

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