According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Index (SPI) for the week ending March 7, 2024, increased by 1.11 percent due to increases in the prices of onions (33.86 percent), potatoes (23.81 percent), tomatoes (16.42 percent), bananas (7.12 percent), LPG (4.43 percent), and petrol & firewood (1.49 percent).
Year-on-year trend
The year-on-year trend shows a 32.37 percent increase, primarily due to increases in the prices of petrol charges for Q1 (570 percent), tomatoes (176.55 percent), chilli powder (81.74 percent), gents sponge chappal (58.05 percent).
Wheat flour (57.04 percent), gents sandal (53.37 percent), onions (51.56 percent), garlic (45.69 percent), gur (44.94 percent), sugar (41.69 percent) and potatoes (39.08 percent).
Prices for vegetable ghee 1 kg (20.15 percent), cooking oil 5 litre (19.53 percent), bananas (17.95 percent), mustard oil (16.20 percent), vegetable ghee 2.5 kg (16.04 percent), LPG (4.20 percent), chicken (1.51 percent), and cigarettes (0.05 percent) have all decreased.
During the week, 14 (27.45 percent) of the 51 goods increased in price, 14 (27.45 percent) fell in price, and 23 (45.10 percent) remained unchanged.
The SPI for the week under review was 322.86 points, compared to 319.30 points the previous week, according to PBS data issued on Friday.
The SPI for consumption groups of up to Rs. 17,732, Rs. 17,732-Rs. 22,888, Rs. 22,889-Rs. 29,517, Rs. 29,518-Rs. 44,175 and above Rs. 44,175 climbed by 1.69 percent, 1.45 percent, 1.20 percent, 1.15 percent, and 0.99 percent, respectively.
Prices of Fruits Increases
During the review period, prices of the following items increased: onions (33.86 percent), potatoes (23.81 percent), tomatoes (16.42 percent), bananas (7.12 percent), LPG (4.43 percent), eggs (2.66 percent), petrol super (1.49 percent).
Firewood whole 40 kg (1.49 percent), beef with bone (1.38 percent), mutton (0.50 percent), cooked daal (0.41 percent), long cloth 57″ gul ahmed/al karam (0.27 percent), mustard oil (0.17 percent), and pulse mash (0.06 percent).
Prices of Chicken, Meet & Motton
Chicken (6.95 percent), tea lipton yellow label (1.29 percent), cooking oil dalda or other similar brands (sn), 5 litre tin each (0.96 percent).
Bread plain (0.51 percent), gur (0.40 percent), garlic (0.39 percent), pulse masoor (0.26 percent), vegetable ghee dalda/habib or other superior quality 1 kg pouch each (0.23 percent), vegetable ghee dalda/habib 2.5 kg tin each (0.19 percent).
Pulse gram (0.16 percent), rice basmati broken (0.12 percent), rice irri-6/9 (0.12 percent), wheat flour bag 20 kg (0.06 percent0 and sugar (0.04 percent).
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