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Inflation measured by the Sensitive Price Index (SPI) rose sharply in the week that ended on August 18, climbing to a record 42.3 per cent year-on-year, data released by the Pakistan Bureau of Statistics (PBS) showed on Friday.
Before this, the highest ever year-on-year increase in the SPI was 38.63pc, recorded for the week ending on August 5.
Latest data shows that the SPI rose by 3.35pc over last week, mainly because of higher food prices. The highest week-on-week increase in inflation was recorded at 3.68pc for the week that ended on July 28.
The SPI monitors prices of 51 essential items based on a survey of 50 markets in 17 cities of the country.
During the week under review, the prices of 25 out of 51 items increased, 11 decreased and 15 remained stable.
Highest week-on-week increase
- Tomatoes: 20.28pc
- Chicken: 7.57pc
- Onions: 2.30pc
- Powdered milk 2.03pc
- Electricity (for the lowest income group): 6.83pc
Highest week-on-week decrease
- LPG: 3.46pc
- Vegetable ghee: 1.16pc
- Garlic: 0.94pc
- Mustard oil: 0.71pc
- Pulse masoor: 0.42pc
Highest year-on-year increase
- Pulse masoor: 111.02pc
- Diesel: 108.77pc
- Petrol: 94.53pc
- Onions: 94.43pc
- Cooking oil 72.96pc
The SPI increased week-on-week by 1.80pc for the lowest income group (i.e., people earning below Rs17,732 per month) and by 3.94pc for the group with a monthly income of above Rs44,175.
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On DawnNews
Aug 19, 2022 04:09pm
Dont worry imported govt and neutrals are going to solve everything. Pakistan is the best !!!
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Aug 19, 2022 04:11pm
What else could be expected under the auspices and aegis of the imported and selected ruling junta of three musketeers in Islamabad, Islamic Republic of Pakistan, stemming from the family-owned, clan-operated, dynasty-backed, cult-dominated and Raiwind/Larkana/D.I.Khan based so-called political parties of the "Land of the Pure?"
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Aug 19, 2022 04:11pm
This cabal of crooks has shattered all bad records, not just inflation.
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Aug 19, 2022 04:11pm
And yet, their claim in overthrowing PTI Govt was to control inflation!
Height of hypocrisy, this!!
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Aug 19, 2022 04:14pm
These idiots in Govt have only ruined their own chances by accepting to overthrow PTI Govt.
These crooks in Govt keep shooting their own foot time and again!
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Aug 19, 2022 04:15pm
What else you expect from this government
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Aug 19, 2022 04:18pm
Who is to be blamed for the High Inflation of daily consumable products??, obviously non other than the crookes and criminals sitting in the present PDM Govt.
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Aug 19, 2022 04:21pm
Neutral is in UK enjoying Azadi and his Characters are stagged in pakistan to do the damage the economy
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Aug 19, 2022 04:32pm
Don't complain now. Enjoy PDM
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Aug 19, 2022 04:34pm
Imf and our new national anthem will save us. Dont worry!
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Aug 19, 2022 04:37pm
All hail the great 'real' leader for this
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Aug 19, 2022 04:38pm
So when is next "menghai march" by Molana Fazul or Bilawal?
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Aug 19, 2022 04:40pm
Neutrals have doomed us all.
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Aug 19, 2022 04:48pm
This govt has brought more miseries to the people than any good.
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Aug 19, 2022 04:48pm
Who cares about rising inflation, government 's main focus, how to get rid of IK
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Aug 19, 2022 04:52pm
What are Neutrals waiting for??
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Aug 19, 2022 04:57pm
How can one remain neutral in these circumstances?
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Aug 19, 2022 04:58pm
Gift from corrupt PDM.
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Aug 19, 2022 05:00pm
Time for a new patriotic song to bring some relief to the masses because every other measure has failed.
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Aug 19, 2022 05:06pm
Imported Govt Advice: Eat cake if cannot afford to eat anything.
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Aug 19, 2022 05:07pm
Inflation is high in every country in the world.
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Aug 19, 2022 05:08pm
Two nations theory has failed and Obsession of Kashmir has bankrupted the country. No one have any idea how to solve tge problem.
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Aug 19, 2022 05:23pm
Inflation is out of control
That is my 5 Bucks on this topic
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Aug 19, 2022 05:36pm
@Dr. Salaria, Aamir Ahmad, Do you have a better idea how to fix the economy?Why wasn’t this question being asked when IK borrowed $57 billion dollars in loans in just 3.5 years ?
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Aug 19, 2022 05:41pm
@Neutraview, They are waiting for orders from their bosses sitting in the Pentagon, USA.
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Aug 19, 2022 05:43pm
Shame PDM
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Aug 19, 2022 05:47pm
Competing with turkey directly where inflation is 80%
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Aug 19, 2022 05:54pm
Who cares, keep talking about Kashmir and inflation will correct itself.
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Aug 19, 2022 05:56pm
Sri Lanka's status is not too far for Pakistan.
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Aug 19, 2022 05:57pm
@Dr. Salaria, Aamir Ahmad, once again you are 100 pc right
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Aug 19, 2022 06:03pm
Why people are still eating pulses?? Just eat chicken or fish.
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Aug 19, 2022 06:04pm
Any sceptic's out there still remember when PTI had this under control or are you happy with this current forced arrangement where those who promised to control inflation are causing it.
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Aug 19, 2022 06:08pm
Nawaz Sharif is disturbed about it. This should be enough for the nation.
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Aug 19, 2022 06:16pm
Which means inflation is much higher than announced.
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Aug 19, 2022 06:22pm
A game changer indeed.
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Aug 19, 2022 06:22pm
……reduce defence budget by 42.3% to recover inflation….
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Aug 19, 2022 06:24pm
Don't worry it is just the beginning.
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Aug 19, 2022 06:37pm
I wish the best for the normal people. The corruption of elites and the politicians and the maulwi education mindset has brought a country of 200+ million people on it's knees. A country that is quite rich in terms of natural resources that only farming alone would have sustained a thriving economy. But the mindset to invest in weapons and useless practices is why we are where we are.
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Aug 19, 2022 06:41pm
While the people suffer, most politicians will carry on with their petty point scoring.
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Aug 19, 2022 06:43pm
@Cloud, Thank you for accurately describing India.
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Aug 19, 2022 06:46pm
Sell steal loan do whatever buy these commodities stock them and sell just after a week.
Make money guys.
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Aug 19, 2022 06:48pm
Thus is PTI and Imran Khans gift to the Nation he still won’t let the country stabilize so the nation can get some respite.
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Aug 19, 2022 06:55pm
So sad
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Aug 19, 2022 07:02pm
Reject eating
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Aug 19, 2022 07:07pm
Special thanks to the neutrals for selecting and imposing these gems on our country.
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Aug 19, 2022 07:08pm
Don't worry, everything will be alright.
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Aug 19, 2022 07:10pm
Competing with Turkey
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Aug 19, 2022 07:13pm
Thank you PDM
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Aug 19, 2022 07:14pm
@John Cool,
" Inflation is high in every country in the world.. "
Yes Agreed... But it is "Very High" in Pakistan.... Total Mismanagement.. A Lost Country...
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Aug 19, 2022 07:18pm
Islamic Republic of Pakistan seeking its worst days ahead
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Aug 19, 2022 07:22pm
Century is possible
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Aug 19, 2022 07:22pm
Say thanks to the looters and corrupts, they are filling their pockets and the average income person and their kids are sleeping hungry.
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Aug 19, 2022 07:33pm
Who cares!!
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Aug 19, 2022 07:38pm
Eat grass. Now
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Aug 19, 2022 07:51pm
@asma, When going down a slope, it is difficult to stop it by anyone and all, and including the incompetent on the fence.
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Aug 19, 2022 07:53pm
And yet a superpower, atomic superpower indeed!
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Aug 19, 2022 08:22pm
But we need Kashmir
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Aug 19, 2022 08:24pm
we wont stop till we are number 1 at inflation
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Aug 19, 2022 08:28pm
Going down the hill on a bicycle.
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Aug 19, 2022 08:55pm
Congratulations. Century in sight.
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Aug 19, 2022 08:56pm
@Dr. Akbar, Ok. Come and get it.
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Aug 19, 2022 08:56pm
Focus on Kashmir. Don't worry about economy.
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Aug 19, 2022 09:43pm
@JustSaying, I agree.
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Aug 19, 2022 10:34pm
@Cloud, Only War between the two counntries can solve all our problems.
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Aug 19, 2022 11:16pm
The parties are busy mud slinging each others . No time to handle economic matters ..
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Aug 19, 2022 11:34pm
What do you expect from a government being run by criminals.
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Aug 19, 2022 11:35pm
I think miftah ismail is a genius, he shld be crowned for this achievement
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Aug 20, 2022 12:40am
the zardaris and sharifs are leeches
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Aug 20, 2022 12:50am
@asma, maybe zach goldsmith and salman rushdie can give tips on economica mgmnt to EX-PM
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Aug 20, 2022 01:05am
The government came to power to fix problems including inflation Look what they have done The only thing they have done is to end corruption cases against them What a shame
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Aug 20, 2022 01:14am
Inflation measured by the Sensitive Price Index (SPI) rose sharply in the week that ended on August 18, climbing to a record 42.3 per cent year-on-year, data released by the Pakistan Bureau of Statistics (PBS) showed on Friday
Can someone remind us, on what promises PDM was imposed on the nation. Elections next month after removal of ECP head, is only answer.
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Aug 20, 2022 01:15am
This is a new government...Any new government needs time....so give them some time
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Aug 20, 2022 01:15am
@asma, Dont worry imported govt and neutrals are going to solve everything. Pakistan is the best !!!
They think by torturing and abusing Shebaz Gill, all such problems will be solved.
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Aug 20, 2022 01:18am
@John Cool, Inflation is high in every country in the world.
Dont worry, PDM will come first by achieving 100% inflation. We nearly there.
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Aug 20, 2022 01:20am
@Ali(USA), @Dr. Salaria, Aamir Ahmad, Do you have a better idea how to fix the economy?Why wasn’t this question being asked when IK borrowed $57 billion dollars in loans in just 3.5 years ?
$43 billion of that was to repay outstanding loan and interest taken out by PDM past governments.
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Aug 20, 2022 01:21am
Nation needs PMIK back and as President.
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Aug 20, 2022 02:16am
Thank you PML for making our lives a living hell.
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Aug 20, 2022 02:56am
Thanks to Neutrals for imposing thugs on the poor nation.The hole is getting bigger and wider by the minute.
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Aug 20, 2022 03:25am
Well done Pakistan!! You have beaten India at this.
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Aug 20, 2022 04:59am
Systematic abuse of power and leadership deficit for entire 75 years are the root cause of issues in Pakistan!
Directionless and rudderless ship just waiting to crash land like titanic.
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Aug 20, 2022 05:14am
CpEC effects
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Aug 20, 2022 07:26am
Govt is obsessed with IK and banning PTI and it doesnt give a damn. Their survival lies in killing their cases and PTI. Flood, inflation, economy, dollar vs PKR, ... you are on your own until you wake up like Sril Lanka.
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Aug 20, 2022 07:27am
@Sultan, Well Said!!!!
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Aug 20, 2022 08:19am
This will stay till the incompetent government remains..
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