Weekly inflation falls 0.77%

January 24, 2025 (MLN): Pakistan's short-term inflation decreased by 0.77% compared to the previous week, while it rose by 0.52% compared to the same period last year, the Pakistan Bureau of Statistics (PBS) reported on Friday.

During the week, out of 51 items, prices of 14 (27.45%) items increased, 12 (23.53%) items decreased and 25 (49.02%) items remained stable.

A major increase is observed in the prices of Sugar (2.93%), Bananas (2.70%), Garlic (0.60%), Rice Basmati Broken (0.47%), Vegetable Ghee 1 Kg (0.33%), Pulse Moong (0.25%), Cooked Daal (0.21%), Rice IRRI-6/9 (0.15%) and Firewood (0.13%).

On the other hand, a major decrease is observed in the prices of Tomatoes (32.99%), Eggs (10.23%), Onions (9.79%), Potatoes (7.37%), LPG (2.70%), Pulse Gram (1.61%), Chicken (1.00%), Pulse Mash (0.76%) and Gur (0.50%).

The year-on-year trend depicts increase of 0.52%, Ladies Sandal (75.09%), Potatoes (44.30%), Pulse Gram (37.98%), Pulse Moong (32.67%), Powdered Milk (25.89%), Beef (22.37%), Vegetable Ghee 1Kg (16.87%), Garlic (16.28%), Gas Charges for Q1 (15.52%), Shirting (14.83%), Vegetable Ghee 2.5Kg (14.54%) and Firewood (0.13%).

While major decrease is observed in the prices of Onions (51.59%), Eggs (39.15%), Tomatoes (37.43%), Wheat Flour (36.29%), Chilies Powder (20.00%), Electricity Charges for Q1 (18.11%), Pulse Masoor (11.01%), Pulse Mash (10.27%), Rice Basmati Broken (8.56%), Diesel (5.47%), LPG (1.79%) and Petrol (1.18%).

The lowest income group experienced a weekly decrease of 1.04%, while the inflation for the highest income group down by 0.70%.

On a yearly basis, analysis of SPI change across different income segments showed that SPI remained across all quantiles ranging between -0.52% and 1.03%.

Yearly SPI for the Lowest Income Group decreased by 0.52% while the highest income group increased by 1.03%.

The average price of Sona urea stood at Rs4,530 per 50 kg bag, remained unchanged from last week’s price, and a 0.52% decrease from last year.

Meanwhile, the average Cement price fell to Rs1,385 per 50 kg bag, which is 0.44% lower than the previous week, and 14.24% higher than prices last year.

PBS calculates short-term inflation using the SPI on a weekly basis to assess the price movement of essential commodities at shorter interval of time so as to review the price situation in the country.

SPI comprises 51 essential items collected from 50 markets in 17 cities of the country.

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