SPI spikes 30.66pc on costly food

Published December 10, 2022
The average prices of tomatoes range between Rs160 to Rs200, onions Rs200-Rs250 and potato between Rs90-Rs110 per kg.—Online
The average prices of tomatoes range between Rs160 to Rs200, onions Rs200-Rs250 and potato between Rs90-Rs110 per kg.—Online

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Index (SPI), posted a year-on-year increase of 30.66 per cent for the combined income group for the period ending Dec 8 mainly due to surging food prices, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.

However, the SPI on a week-on-week basis rem­ained unchanged. This was mainly because of static oil prices while few vegetable prices posted a slight decline.

The average price of tomatoes in the market ranges between Rs160 to Rs200 per kg while that of onions is in the range of around Rs200 per kg to Rs250, respectively. Similarly, the potato price ranges between Rs90 per kg to Rs110.

In the food group, the items that saw the highest week-on-week increase in prices include onions (8.74pc), bananas (2.36pc), rice basmati broken (2.22pc), eggs (1.98pc), salt powdered (1.33pc) and sugar (1.17pc). In the non-food items, prices of LPG increased (2.47pc) and matchbox (1.95pc).

On the other hand, major decrease is observed in the prices of tomatoes (25.48pc), chicken (3.70pc), potatoes (3.68pc), pulse masoor (0.38pc), cooking oil 5 litre & vegetable ghee 2.5 kg (0.32pc) each, pulse gram (0.30pc) and vegetable ghee 1 Kg (0.28pc).

On a year-on-year basis, the items whose prices jumped the most included onions (422.57pc), diesel (64.57pc), tea Lipton (62.­61pc), salt powdered (57.­35pc), eggs (55.28pc), petrol (53.85pc), gents spo­nge chappal (52.21pc), ban­anas (50.­58pc), tomatoes (49.04pc), pulse gram (48.06pc), pulse moong (45.44pc), mustard oil (42.96pc) and pulse mash (39.98pc), respectively.

Published in Dawn, December 10th, 2022

Opinion

Editorial

Delay in the offing?
Updated 03 Feb, 2023

Delay in the offing?

Govt must realise that political stability in the country cannot be achieved by extra-constitutional actions.
Divisions in PML-N
03 Feb, 2023

Divisions in PML-N

DISCORD and drama in PML-N ranks escalated this week when Shahid Khaqan Abbasi revealed he no longer holds a party...
Wikipedia ‘downgrade’
03 Feb, 2023

Wikipedia ‘downgrade’

ATTEMPTS to police the internet by states, often by giving opaque justifications for the action, are never a good...
Mianwali raid
Updated 02 Feb, 2023

Mianwali raid

The military needs to share intelligence with civilian agencies to neutralise the militant menace nationwide.
Corruption unlimited
02 Feb, 2023

Corruption unlimited

PAKISTAN’S consistent slide on Transparency International’s Corruption Perceptions Index over the last several...
Women police officers
02 Feb, 2023

Women police officers

IN a heartening development, a second female police officer has been appointed as DPO in Attock, weeks after the...