Weekly SPI increases by 0.2%

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MG News | April 04, 2025 at 02:19 PM GMT+05:00

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April 04, 2025 (MLN): Pakistan's short-term inflation increased by 0.2% compared to the previous week, while it fell by 1.99% 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 15 (29.41%) items increased, 10 (19.61%) items decreased and 26 (50.98%) items remained stable.

The SPI for the current week ended on April 03, 2025 increased by 0.20%. Major increase is observed in the prices of Chicken (7.17%), Potatoes (6.50%), Onions (5.10%), Lawn Printed (0.71%), Tomatoes (0.66%), Gur (0.63%), Mustard Oil (0.61%), Beef (0.52%), Long Cloth (0.32%), Milk Fresh (0.25%), Firewood & Mutton (0.12%) each and Cigarettes (0.08%).

On the other hand, decrease is observed in the prices of Garlic (6.11%), Bananas (5.34%), Eggs (4.79%), LPG (0.70%), Petrol (0.33%), Wheat Flour (0.20%), Pulse Mash (0.14%), Pulse Moong (0.13%), Pulse Masoor (0.05%) and Powdered Milk (0.01%).

The year on year trend depicts decrease of 1.99%, Onions (67.46%), Wheat Flour (31.63%), Tomatoes (20.93%), Chilies Powder (20.00%), Electricity Charges for Q1 (18.92%), Tea Lipton (16.98%), Pulse Mash (13.47%), Petrol (11.89%), Pulse Masoor (11.03%), Rice Basmati Broken (9.64%), Diesel (8.29%) and LPG (0.62%).

While major increase is observed in the prices of Ladies Sandal (55.62%), Pulse Moong (27.10%), Powdered Milk (25.74%), Beef (21.10%), Sugar (18.60%), Pulse Gram (17.91%), Vegetable Ghee 1Kg (16.21%), Chicken (15.74%), Vegetable Ghee 2.5Kg (15.66%), Lawn Printed (12.52%), Georgette (10.54%) and Firewood (10.53%).

The lowest income group experienced a weekly increase of 0.28%, while the inflation for the highest income group up by 0.17%.

On a yearly basis, analysis of SPI change across different income segments showed that SPI remained across all quantiles ranging between 2.59% and 1.42%.

Yearly SPI for the Lowest Income Group decreased by 2.31% while the highest income group decreased by 1.42%.

The average price of Sona urea stood at Rs4,519 per 50 kg bag, up by 0.11% from last week’s price, and a 6.25% decrease from last year.

Meanwhile, the average Cement price rose to Rs1,393 per 50 kg bag, which is 0.77% higher than the previous week, and 14.13% 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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