ISLAMABAD: Inflation measured through Sensitive Price Index (SPI) edged up 0.04 per cent for the week ended on March 3 driven by rising essential food items, data released by the Pakis­tan Bureau of Statistics (PBS) showed on Friday.

The SPI increased for the third consecutive week. It posted the highest jump of 1.35pc on Feb 3.

For the lowest income group earning below Rs17,732 per month, the SPI increased by 0.12pc and for the group earning above Rs44,175, it declined by 0.03pc.

This was mainly due to an increase in prices of essential food items including chicken 10.47pc, bananas 7.06pc, vegetable ghee 1 kg 4.08pc, vegetable ghee 2.5 kg 3.69pc, mustard oil 2.98pc, cooking oil 5 liter 2.19pc and powdered milk 1.11pc. The non-food items which saw an increase were LPG 9.45pc and georgette 1.06pc, respectively.

The items whose prices decreased during the week included tomatoes 27.06pc, eggs 7.18pc, diesel 6.43pc, petrol 6.23pc, garlic 3.27pc, pulse moong 0.96pc, pulse masoor 0.69pc, onions 0.40pc, wheat flour 0.35pc, sugar 0.27pc, potatoes 0.20pc, pulse mash 0.16pc and gur 0.10pc.

During the week, out of 51 items, prices of 20 items increased 11 items decreased and 20 items remained constant.

Published in Dawn, March 5th, 2022

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

Opinion

Editorial

IMF’s unease
Updated 24 May, 2024

IMF’s unease

It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Belated recognition
24 May, 2024

Belated recognition

WITH Wednesday’s announcement by three European states that they intend to recognise Palestine as a state later...
App for GBV survivors
24 May, 2024

App for GBV survivors

GENDER-based violence is caught between two worlds: one sees it as a crime, the other as ‘convention’. The ...
Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...