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Pakistan Household Inflation Reaches 46.7% As Wheat Flour And Tomato Prices Shoot Up

admin-augaf by admin-augaf
March 25, 2023
in Business, Finance, News
Reading Time: 1 min read
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Local residents gather to purchase government-priced wheat flour at Hyderabad in Sindh province on January 9, 2023. - The UN chief called on January 9 for "massive investments" to help Pakistan recover from last year's devastating floods and better resist climate change, as financial pledges poured in. (Photo by Husnain ALI / AFP) (Photo by HUSNAIN ALI/AFP via Getty Images)

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Islamabad March 25 2023: The SPI for the current week ended on 22nd March, 2023 recorded increase of 1.80 percent due to significant increase in prices of Tomatoes and Wheat Flour to reach 46.65 percent on year on year basis.

During the week, major increase is observed in the prices of food items, Tomatoes (71.77 percent), Wheat Flour (42.32 percent), Potatoes (11.47 percent), Bananas (11.07 percent), Tea Lipton (7.34 percent), Pulse Mash (1.57 percent), Tea Prepared (1.32 percent) and Gur (1.03 percent), non-food items, Georgette (2.11 percent), Lawn (1.77 percent) and Long Cloth (1.58 percent).

On the other hand decrease is observed in the prices of Chicken (8.14 percent), Chillies Powdered (2.31 percent), LPG (1.31 percent), Mustard Oil & Garlic (1.19 percent) each, Pulse Gram & Onions (1.06 percent) each, Vegetable Ghee 1 Kg (0.83 percent), Cooking Oil 5 litre (0.21 percent), Pulse Moong (0.17 percent), Pulse Masoor (0.15 percent) and Eggs (0.03 percent).

During the week, out of 51 items, prices of 26 (50.98 percent) items increased, 12 (23.53 percent) items decreased and 13 (25.49 percent) items remained stable.

The year on year trend depicts increase of 46.65 percent, Onions (228.28 percent), Cigarettes (165.88 percent), Wheat Flour (120.66 percent), Gas Charges for Q1 (108.38 percent), Diesel (102.84 percent), Tea Lipton (94.60 percent), Bananas (89.84 percent), Rice Irri-6/9 (81.51 percent), Rice Basmati Broken (81.22 percent), Petrol (81.17 percent), Eggs (79.56 percent), Pulse Moong (68.64 percent), Potatoes (57.21 percent) and Pulse Mash (56.46 percent), while decrease is observed in the price of Chillies Powdered (9.56 percent).

Tags: Household item pricesPBSSPI
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