Inflation measured by the Sensitive Price Index (SPI) surged to an all-time high in the week that ended on September 1, climbing to 45.5 per cent year-on-year (YoY) on the back of a more than 200 per cent increase in the rates of tomatoes and onions, and higher fuel prices.

Prior to this, the highest year-on-year weekly inflation figure was 44.58pc, which was recorded in the preceding week

The latest data shared by the Pakistan Bureau of Statistics (PBS) on Friday showed that inflation increased 1.31pc week over week.

The SPI monitors prices of 51 essential items based on a survey of 50 markets in 17 cities of the country.

According to the PBS, during the week under review, the prices of 31 items increased, three items decreased and 17 items remained unchanged.


Highest week-on-week rise

  • Onions: 42.17pc
  • Tomatoes: 13.25pc
  • Pulse Moong: 7.94pc
  • Potatoes: 6.97pc
  • LPG: 4.45pc

Highest year-on-year rise

  • Onions: 240.15pc
  • Tomatoes: 219.99pc
  • High speed diesel: 114.08pc
  • Petrol: 98.73pc
  • Pulse Masoor: 82.44pc

Week-on-week decline

  • Vegetable ghee 1kg: 0.76pc
  • Vegetable ghee 2.5kg: 0.41pc
  • Pulse Masoor: 0.34pc

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

Opinion

Editorial

Back in parliament
Updated 27 Jul, 2024

Back in parliament

It is ECP's responsibility to set right all the wrongs it committed in the Feb 8 general elections.
Brutal crime
27 Jul, 2024

Brutal crime

No effort has been made to even sensitise police to the gravity of crime involving sexual assaults, let alone train them to properly probe such cases.
Upholding rights
27 Jul, 2024

Upholding rights

Sanctity of rights bodies, such as the HRCP, should be inviolable in a civilised environment.
Judicial constraints
Updated 26 Jul, 2024

Judicial constraints

The fact that it is being prescribed by the legislature will be questioned, given the political context.
Macabre spectacle
26 Jul, 2024

Macabre spectacle

Israel knows that regardless of the party that wins the presidency, America’s ‘ironclad’ support for its genocidal endeavours will continue.