Weekly inflation up 0.61pc

Published March 27, 2021
The week-on-week increase in inflation was noticed after a drop for the past second consecutive week. – Dawn/File
The week-on-week increase in inflation was noticed after a drop for the past second consecutive week. – Dawn/File

ISLAMABAD: Weekly inflation for the combined group in the period ended on March 25 slightly increased by 0.61 per cent on the back of uptick in prices of essential food items, data released by the Pakistan Bureau of Statistics (PBS) on Friday showed.

The week-on-week increase in inflation was noticed after a drop for the past second consecutive week. Since January, an upward movement in the prices of essential kitchen items was noted despite the government’s claims that rates of consumer items were declining.

The PBS calculates the Sensitive Price Index (SPI) based on the prices of 51 essential items from 50 markets across 17 cities of the country.

For the lowest income group earning below Rs17,732 per month, the SPI increased by 0.52pc. For the group earning above Rs44,175, SPI recorded an increase of 0.61pc.

This was mainly due to an increase in prices of food items including tomatoes 20.04pc, chicken 8.81pc, bread 1.64pc, bananas 1.55pc and wheat flour bag 1.01pc.

The items whose prices decreased during the week included garlic, which recorded a decline of 8.12pc, onions 2.27pc, potatoes 1.98pc, pulse moong (0.54pc), rice basmati broken (0.28pc) and gur 0.20pc.

Among non-food items, the price of LPG declined 0.66pc.

Published in Dawn, March 27th, 2021

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

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...