business

September 4, 2021

SPI inflation up 12.53pc year-on-year as food prices rise

KARACHI: Sensitive price indicator for the week ending September 2 witnessed a jump of 0.67 percent week-on-week and 12.53 percent year-on-year with the prices of chicken and onion witnessing a significant hike.The high food prices are a particular cause of concern for millions of poor people, who have already been squeezed by the coronavirus pandemic and its impact on an economy that struggling to back on a growth path.Inflation report released by the Pakistan Bureau of Statistics showed...