Inflation measured by the Sensitive Price Index (SPI) continued to climb in the week that ended on August 25, jumping to a record 44.58 per cent year-on-year.

Data shared by the Pakistan Bureau of Statistics (PBS) on Friday showed that the index rose due to higher prices of essential food items — tomatoes, onions, pulses and cooking oil — and fuel.

Prior to this, the highest year-on-year weekly inflation figure was 42.3pc, which was recorded for the week ending on Aug 18.

The latest data showed that the SPI increased 1.83pc week-on-week. It had risen 3.35pc last week.

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 23 items increased; seven items saw a decrease in prices while for 21 items they remained unchanged.


Highest year-on-year increase

  • Tomatoes: 178.1pc
  • Onions: 155.14pc
  • High speed diesel: 108.77pc
  • Petrol: 94.53pc
  • Pulse Masoor: 90.74pc
  • Cooking oil (5 litres): 70.61pc

Highest week-on-week increase

  • Tomatoes: 43.09pc
  • Onions: 41.13pc
  • Potatoes: 6.32pc
  • Eggs: 3.43pc
  • Cigarettes: 2.26pc
  • Garlic: 2.23pc

Highest week-on-week decrease

  • Pulse Masoor: -1.18pc
  • Ghee (1kg): -1pc
  • Ghee (2.5kg): -0.82pc
  • Bananas: -0.61pc
  • Cooking oil (5 litres): -0.51pc
  • Sugar: -0.28pc

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

Opinion

Editorial

Nuclear miscalculations
26 Jan, 2023

Nuclear miscalculations

IF the claim of former US secretary of state Mike Pompeo, that Pakistan and India came close to a nuclear exchange...
Exchange rate cap
26 Jan, 2023

Exchange rate cap

THE ‘management’ of the exchange rate by the State Bank, allegedly at the behest of the government, to ward off...
Fawad’s arrest
Updated 26 Jan, 2023

Fawad’s arrest

Does the state really need to fan public discontent in a period as fraught with uncertainty as this?
The rot within
25 Jan, 2023

The rot within

EVEN by the abysmal standards of our broken legal system, the acquittal of former SSP Rao Anwar and his 17...
Into darkness
Updated 25 Jan, 2023

Into darkness

The energy transmission infrastructure needs to be treated with more seriousness and its weaknesses removed.
Monetary policy
25 Jan, 2023

Monetary policy

THE State Bank’s decision to hike its key policy rate to a 25-year high of 17pc to anchor inflation expectations ...