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Weekly inflation sees the most intense drop at 2.72% since March

Weekly inflation sees the most intense drop at 2.72% since March
People buy dried fruits in a market in Karachi, February 1 2023. - Reuters
People buy dried fruits in a market in Karachi, February 1 2023. – Reuters
  • SPI shows 0.69% weekly drop, 2.72% annual decline.
  • Tomatoes, chicken, onions drive a weekly price price.
  • Onion, tomato, flour flour records sharp annual price cuts.

Pakistan recorded a 2.72% reduction on a weekly basis (SPI) or the week ending April 17, the steepest drop in deflationary trend in March, The news He reported on Saturday, reporting official data released on Friday.

The ongoing decline marks a weak demand and persistent pricing pressures in key categories of consumers, according to Pakistan Statistics. The SPI, which measures the cost of basic goods in 17 cities, also showed a negative increase of 0.69% last week. Of the 51 data, the prices of 16 increased, 18 decreased and 17 remained unchanged.

During a week, tomato prices decreased by 22.77%, 11%chicken, onions 9.8%, garlic 8.8%, wheat flour 2.37%, potatoes 2.18%, a mustard oil 0.95%, LPG 0.89%and the vegetable GHE 0.68%and the price of 0.68%. 0.29%.

Some elements, however, showed a slight increase in prices. This includes shirting, which became more expensive than 3.7%, the lawn printed 1.5%, Lawn Cloth and Georgette by 1.33%each. In addition, the price of Gram Pulse increased by 1.03%, beef 0.66%and the price of Mutton increased by 0.5%in the previous week.

Similarly, on an annual basis, several basic elements have attended significant price increases in the past year. Ladies’ sandals increased by 56%, Moong Pulse by 27%, 25%powder milk, Gram Pulse by 21%, beef 19%. Similarly, sugar prices rose by 17%, 15.7%of vegetables 15.7%, firewood 10.5%and shirting and printed Lawn increased by 10.3%a year ago.

Some products have seen remarkable reductions in the past year. Onion prices decreased by 73.6%, tomatoes by 52.7%and wheat flour by 30%. Garlic price decreased by 29%, 21% potatoes and chili dust was 19% cheaper in the past year.

Lipton tea was cheaper by 17%, 15%chicken, 13%gasoline and electricity charges for the lower consumption plate decreased by 12.7%. The diesel price also decreased by 10.85% during the year.



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