Inflationary pressure continues in Pakistan and the inflation rate has increased by another 0.29 percent on a weekly basis, after which the annual rate has increased to 12.31 percent.
According to the weekly Sensitive Price Index (SPI) released by the Pakistan Bureau of Statistics (PBS), during the week ending November 5, the prices of 21 out of 51 basic necessities increased, 10 items became cheaper, while the prices of 20 remained stable.
According to the report, on a weekly basis, the price of tomatoes increased by the highest by 54.18 percent, while LPG became more expensive by 3.72 percent and potatoes by 2.07 percent. In addition, an increase was also recorded in the prices of eggs, garlic, wood, fresh milk and yogurt.
On the other hand, a decrease in the prices of some essential commodities was also seen. During the week, petrol became cheaper by 4.20 percent and diesel by 2.97 percent, while the prices of gram dal, bananas, onions, powdered milk, chicken and sugar also decreased.
On an annual basis, the price of LPG recorded the highest increase of 114.88 percent, while tomatoes became more expensive by 78.89 percent.
According to the statistics agency, electricity rates increased by 52.38 percent, diesel by 39.27 percent and petrol by 36.34 percent during the year.
Similarly, wheat flour became expensive by 33.95 percent and chicken meat by 31.81 percent. On an annual basis, the prices of chili powder, mutton, onions, double roti and beef were also recorded to increase.
However, some items also became cheaper compared to the previous year. According to the report, potatoes became cheaper by 37.24 percent, eggs by 27.59 percent and sugar by 25.03 percent, while the prices of salt, jaggery and pulses also decreased.
According to the Sensitive Price Index, the annual inflation rate was 11.32 percent last week, which increased to 12.31 percent in the latest week.
