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Hike in Vegetable and Petroleum Prices Push Pakistan Household Inflation to 44.58%

admin-augaf by admin-augaf
August 26, 2022
in Business, Finance
Reading Time: 1 min read
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Hike in Vegetable and Petroleum Prices Push Pakistan Household Inflation to 44.58%

Hike in Vegetable and Petroleum Prices Push Pakistan Household Inflation to 44.58%

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Islamabad August 26 2022: The SPI for the current week ended on 25th August, 2022 recorded an increase of 1.83% to 44.58% on year on year basis, revealed by Pakistan Bureau of Statistics on Friday.

Weekly increase is observed in the prices of food items, Tomatoes (43.09%), Onions (41.13%), Potatoes (6.32%), Eggs (3.43%), Garlic (2.23%), Powdered Milk (1.53%) and Pulse Mash (1.12%), non-food items, Cigarettes (2.26%) and LPG (1.95%). ii. On the other hand, a decrease observed in the prices of Pulse Masoor (1.18%), Vegetable Ghee 1Kg (1.00%), Vegetable Ghee 2.5Kg (0.82%), Bananas (0.61%), Cooking Oil 5 litre (0.51%), Sugar (0.28%) and Mustard Oil (0.07%). 2

During the week, out of 51 items, prices of 23 (45.10%) items increased, 07 (13.72%) items decreased and 21 (41.18%) items remained stable.

The year on year trend depicts an increase of 44.58%, Tomatoes (178.10%), Onions (155.14%), Diesel (108.77%), Petrol (94.53%), Pulse Masoor (90.74%), Cooking Oil 5 litre (70.61%), Mustard Oil (67.58%), Vegetable Ghee 2.5 Kg (64.71%), Vegetable Ghee 1 Kg (63.93%), Washing Soap (63.27%), Electricity for Q1 (63.03%), Chicken (55.76%) and Pulse Gram (55.07%), while a decrease observed in the prices of Chilies Powder (43.42%), Sugar (16.90%) and Gur (1.21%).

Tags: Inflation
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