According to the Pakistan Bureau of Statistics (PBS), inflation and costs measured by the Sensitive Price Indicator (SPI) rose by 0.05 % points for the week ending August 24, 2023, as both food and non-food prices went up.
Wheat flour (129%), gas charges for Q1 (108%), cigarettes (102%), tea lipton (94%), rice basmati broken (89%), chillies powder (86%), sugar (81%), rice irri-6/9 (80%), gur (63%), salt powdered (49%), chicken (48.5%, and bread (46%) all increased in price from the previous year, while tomatoes (40 percent) decreased in price.
Cost of many items rose
Of the 51 products we tracked, 22 (or 43.14%) saw price increases, 12 (or 25.53%) saw price decreases, and 17 (or 33.33%) saw no change in price over the past week.
Onions (up 23.56%), pulse masoor (up 3.66%), sugar (up 3.43%), garlic (up 2.17%), eggs (up 2.13%), cooked daal (up 2.04%), cooked beef (up 1.50%), gur (up 1.10%), toilet soap (up 0.82%), pulse moong (up 0.58%), rice basmati broken (up 0.56%), milk (up 0.26%), and mutton (up 0.26%) were among the items
Tomatoes (22.16 percent), chicken (5.44%), rice irri-6/9 (1.70%), potatoes (1.43%), bananas (1.22%), mustard oil (0.87%), pulse gramme (0.49%), LPG (0.43%), and wheat flour bag 20 kg (0.25%) were among the selected items whose average prices fell during the week compared to the previous.
To read our article about “Pakistan might trouble with IMF by not raising gas prices” click here.
