Weekly inflation down 0.11pc

ISLAMABAD: Weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.11 per cent for the combined consumption groups during the week ended on June 12, Pakistan Bureau of Statistics (PBS) reported on Friday.

According to PBS data, the SPI for the week under review in the above-mentioned group was recorded at 309.51 points as compared to 309.85 points during the past week.As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed a decrease of 1.41 per cent.

The weekly SPI with the base year 2015-16 =100 covers 17 urban centres and 51 essential items for all expenditure groups.

The SPI for the lowest consumption group of up to Rs17,732 witnessed an increase of 0.15 per cent and went up to 299.44 points from last week’s 298.99 points while consumption group of Rs17,732 to Rs22,888 also increased by 0.04.The SPI for consumption groups of Rs22,889-29,517; Rs 29,518-44,175 and above Rs 44,175, came down to 0.03 per cent, 0.1 per cent and 0.18 per cent respectively.

During the week, out of 51 items, prices of 15 (29.41 per cent) items increased, 09 (17.65 per cent) items decreased and 27 (52.94 per cent) items remained stable.

The items, which recorded major decrease in their average prices on a week-on-week basis included chicken (11.32 per cent), garlic (5.69 per cent), pulse mash (1.14 per cent), pulse masoor (0.43 per cent), pulse gram (0.21 per cent), cooking oil 5 litre & vegetable ghee 2.5kg (0.2 per cent) each, wheat flour (0.05 per cent) and lpg (0.02 per cent).

The commodities which recorded major increase in their average prices on a week-on-week basis included tomatoes (19.73 per cent), potatoes (9.11 per cent), onions (3.23 per cent), bananas (2.25 per cent), powdered milk (0.73 per cent), eggs (0.67 per cent), gur (0.52 per cent), curd & rice basmati broken (0.25 per cent) each,

vegetable ghee 1kg (0.20 per cent), sugar (0.18 per cent) and pulse moong (0.15 per cent).

Year-on-year basis, the commodities that witnessed decrease included Onions (61.86 per cent), electricity charges for Q1 (41.63 per cent), garlic (30.99 per cent), tomatoes (22.87 per cent), pulse mash (19.18 per cent), tea Lipton (17.93 per cent), potatoes (16.49 per cent), wheat flour (14.10 per cent), chicken (8.04 per cent), pulse masoor (6.13 per cent), diesel (5.68 per cent) and petrol (5.41 per cent).