23 SPI items witnessed price increases during the period under review. - File photo

 

ISLAMABAD: Weekly inflation increased by 8.55 per cent during the week ended on February 2 over the corresponding period last year, mainly driven by oil and food prices.

Sensitive Price Index (SPI) inflation saw an increase of 5.36 per cent, 6.49 per cent and 6.97 per cent, respectively, for households in lower income brackets of up to Rs8,000, Rs8,001 to Rs12,000 and Rs12,001 to Rs18,000.

For households in the income brackets of Rs18,001 to Rs35,000, SPI increased by 8.57 per cent, and for households in the income level of over Rs35,000, SPI grew by 10.57 per cent over the corresponding period last year.

23 SPI items witnessed price increases during the period under review.

Tomatoes rose by 7.43 per cent to Rs49.42 per kg from Rs42.63, petrol by 30.25 per cent to Rs96.01 per litre from Rs90.59, diesel by 32.02 per cent to Rs104.4 per litre from Rs99.78 and kerosene 27.82 per cent to Rs106.26 per litre from Rs103.21.

Banana prices rose by 13.88 per cent to Rs54.38 per kg from Rs53.73, cooked daal plate by 8.58 per cent to R37.46 each from Rs37.12, potatoes by 4.05 per cent to Rs18.51 per kg from Rs18.41 and shirting 24.73 per cent to Rs109.06 per metre from Rs108.48.

Beef prices went up to Rs255.45 per kg from Rs254.27, energy saver 14 WATS by 0.42 per cent to Rs140.74 each from Rs140.15, firewood by 24.61 per cent to Rs460.06 per 40 kg from Rs458.49 and mutton by 17.06 per cent to Rs487.8 per kg from Rs486.72.

Fresh milk prices increased by 15.52 per cent to Rs57.84 per litre from Rs57.75, LPG 11 kg cylinder by 14.48 per cent to Rs1546.19 each from Rs1543.82, washing soap by 15.09 per cent to Rs18.08 per bar from Rs18.06 and wheat flour bag 0.19 per cent to Rs307.72 per 10 kg from Rs307.62.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.