Weekly SPI decreases by 0.29%

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MG News | May 23, 2025 at 02:59 PM GMT+05:00

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May 23, 2025 (MLN): Pakistan's short-term inflation decreased by 0.29% compared to the previous week, while it rose by 1.35% 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 13 (25.49%) items increased, 14 (27.45%) items decreased and 24 (47.06%) items remained stable.

Major decrease is observed in the prices of Chicken (7.26%), Onions (5.43%), Garlic (2.71%), LPG (2.44%), Potatoes (0.95%), Mustard Oil (0.80%) Diesel (0.78%), Pulse Masoor (0.46%), Cooking Oil (0.14%), Rice IRRI-6/9 (0.09%), Firewood (0.06%), and Vegetable Ghee 2.5Kg & Sugar (0.05%) each.

On the other hand, major increase is observed in the prices of Tomatoes (12.01%), Eggs (8.16%), Gur (1.50%), Bananas (1.00%), Pulse Moong (0.79%), Wheat Flour (0.63%), Pulse Gram (0.39%), Powdered Milk (0.36%), Rice Basmati Broken (0.34%), Pulse Mash (0.30%), Mutton (0.26%), Energy Saver (0.21%) and Beef (0.12%).

The year on year trend depicts increase of 1.35%, Ladies Sandal (55.62%), Chicken (45.12%), Pulse Moong (30.79%), Powdered Milk (24.01%), Bananas (22.43%), Sugar (22.12%), Eggs (21.52%), Pulse Gram (20.70%), Beef (17.56%), Vegetable Ghee 2.5Kg (13.86%), LPG (13.05%), and Vegetable Ghee 1Kg (12.76%).

While major decrease is observed in the prices of Onions (54.93%), Potatoes (30.46%), Garlic (29.43%), Electricity Charges for Q1 (29.40%), Tea Lipton (17.93%), Wheat Flour (16.63%), Pulse Mash (16.03%), Tomatoes (14.03%), Chilies Powder (12.30%), Rice IRRI-6/9 (8.50%), Pulse Masoor (7.64%) and Petrol (7.43%).

The lowest income group experienced a weekly decrease of 0.26%, while the inflation for the highest income group down by 0.30%.

On a yearly basis, analysis of SPI change across different income segments showed that SPI remained across all quantiles ranging between 0.03% and 2.35%.

Yearly SPI for the Lowest Income Group increased by 0.54% while the highest income group increased by 2.35%.

The average price of Sona urea stood at Rs4,471 per 50 kg bag, down by 0.35% from last week’s price, and a 6.92% decrease from last year.

Meanwhile, the average Cement price fell to Rs1,418 per 50 kg bag, which is 0.23% lower than the previous week, and 14.93% 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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