SPI rises by 30.66% due to expensive food

ISLAMABAD: According to data provided by the Pakistan Bureau of Statistics (PBS) on Friday, the weekly inflation, as assessed by the Sensitive Price Index (SPI), reported a year-over-year increase for the combined income group for the period ending Dec. 8 of 30.66%, primarily due to rising food costs.
On a week-to-week basis, the SPI remained constant. The main cause of this was the unchanged price of oil, while the prices of few vegetables showed a little reduction.
Onions typically cost between Rs200 and Rs250 per kg, while the average price of tomatoes in the market is between Rs160 and Rs200 per kg. The cost of potatoes varies from Rs90 to Rs110 per kg.

The food items with the largest price increases week over week were onions (8.74%), bananas (2.36%), broken basmati rice (2.22%), eggs (1.98%), salt powder (1.33%), and sugar (1.17pc). LPG prices climbed (2.47%) and matchbox prices increased in the non-food category (1.95pc).

The costs of tomatoes (down 25.48%), chicken (3.70%), potatoes (3.68%), pulse masoor (0.38%), cooking oil (5 litres), 2.5 kg (0.32%), pulse gramme (0.30%), and 1 kg of vegetable ghee are all significantly down (0.28pc).

Onions (422.57 percent), diesel (64.57 percent), Lipton tea (62.61 percent), salt in powder form (57.35 percent), eggs (55.28 percent), petrol (53.85 percent), men’s sock chappal (52.21 percent), bananas (50.58 percent), tomatoes (49.04 percent), pulse gramme (48.06 percent), pulse moong (45.44 percent), mustard oil (42.96 percent), and pulse mash (39.98) percent.