Weekly SPI decreases by 0.15%

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By MG News | March 28, 2025 at 12:43 PM GMT+05:00

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March 28, 2025 (MLN): Pakistan's short-term inflation decreased by 0.15% compared to the previous week, while it fell by 1.26% 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 10 (19.61%) items increased, 10 (19.61%) items decreased and 31 (60.78%) items remained stable.

Major increase is observed in the prices of Tomatoes (9.62%), LPG (1.17%), Lawn Printed (0.62%), Pulse Mash (0.56%), Gur (0.51%), Beef (0.30%), Long Cloth (0.29%), Pulse Masoor (0.20%), Mustard Oil (0.13%) and Vegetable Ghee 2.5 kg (0.10%).

On the other hand, decrease is observed in the prices of Onions (4.68%), Bananas (4.27%), Eggs (3.87%), Garlic (2.23%), Potatoes (1.47%), Chicken (1.29%), Sugar (0.94%) and Pulse Gram (0.67%).

The lowest income group experienced a weekly decrease of 0.21%, while the inflation for the highest income group down by 0.13%.

On a yearly basis, analysis of SPI change across different income segments showed that SPI remained across all quantiles ranging between 1.98% and 0.59%.

Yearly SPI for the Lowest Income Group decreased by 1.77% while the highest income group decreased by 0.59%.

The average price of Sona urea stood at Rs4,514 per 50 kg bag, up by 0.04% from last week’s price, and a 6.49% decrease from last year.

Meanwhile, the average Cement price rose to Rs1,382 per 50 kg bag, which is 0.16% higher than the previous week, and 13.26% 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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