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Weekly inflation eases 0.27pc

Weekly inflation eases 0.27pc

ISLAMABAD: The inflation, measured through the Sensitive Price Index (SPI), for the combined income group witnessed a easing of 0.27 per cent during the week ended on May 5 as compared to the previous week.

According to data of Pakistan Bureau of Statistics (PBS), the SPI for the week under review in the above mentioned group was recorded at 214.31 points against 214.90 points registered in the previous week.

However, as compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 1.48pc.For the lowest income group up to Rs8,000 it decreased by 0.41pc as it went down from 205.42 points in the previous week to 204.58 points in the week under review.

As compared to the last week, the SPI for the income groups from Rs8,001-12,000, Rs12,001-18,000 and Rs18,001-35,000 also decreased by 0.36pc, 0.33pc, 0.28pc and 0.21pc, respectively.

During the week under review average prices of 15 items registered decrease, while that of 10 items increase with the remaining 28 items’ prices unchanged.

The items which registered decrease in their prices included tomatoes, garlic, chicken farm, onions, wheat flour (bag), LPG, wheat, potatoes, gram pulse (washed), firewood, mustard oil, red chilly (powder), sugar, moong pulse and mash pulse.

The items which recorded increase in their average prices included eggs (farm), cooked daal, gur, cooked beef, bananas, milk (fresh), curd, masoor pulse, mutton and milk (powdered).

Courtesy : Dawn News



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