Perishable food inflation swells by 22%

MG News | April 04, 2019 at 03:07 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 4, 2019 (MLN): Pakistan’s annual headline inflation increased drastically in March, hitting a five-year high of 9.4% against 8.2% in February.

The acceleration was driven predominantly by food inflation, which also hit a five-year high of 8.2% in March.

Within the Food and Non-Alcoholic Beverages group, a sharp rise of about 22% was witnessed in the prices of perishable food items YoY. In the previous month the prices of perishable food items deflated by 0.8% YoY.

Meanwhile, the prices of non-perishable food items witnessed an increase of 6.1% YoY and 0.8% MoM.

Within the perishable food items, the highest hike was recorded in the prices of tomatoes of about 135% against the same period last year. This was followed by fresh vegetables 28.1%, Pulse Moong 22.7% and Onion 15.8%.

$\"\"$

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,916.22 424.80M	-0.93% -1590.09
ALLSHR	101,593.67 1,014.96M	-0.98% -1004.32
KSE30	50,530.75 88.22M	-0.96% -490.27
KMI30	242,598.23 241.53M	-0.87% -2138.05
KMIALLSHR	66,124.88 539.33M	-0.97% -645.97
BKTi	46,429.00 30.87M	-0.95% -445.09
OGTi	35,481.82 11.72M	-0.39% -139.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,960.00	82,215.00 80,625.00	-1225.00 -1.49%
BRENT CRUDE	107.92	108.22 104.23	3.71 3.56%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	110.00	110.05 110.00	0.15 0.14%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	101.59	102.05 98.00	3.52 3.59%
SUGAR #11 WORLD	14.87	15.22 14.85	-0.04 -0.27%