ISLAMABAD: The Sensitive Price Indicator (SPI) is continuing its increasing streak for the fourth consecutive week, as it stood at 16.49 with an increase of 0.52 percent in the week that ended on March 10, 2022.
As per the Pakistan Bureau of Statistics (PBS), the SPI recorded an increase mainly because of the rise in the prices of food and non-food items.
The PBS data shows that the prices of 20 essential commodity items increased while the prices of nine items went down. In the week under review, PBS recorded an increase in the prices of chicken, potato, onion, ghee, cooking oil, lentils and milk. The data shows that the rates of flour, chicken and milk remained the highest in Karachi. The statistics show that a 20-kilogram (kg) flour bag was sold at Rs. 1440, while the price of one-liter milk in Karachi was recorded at Rs. 150 per kg with chicken sold at Rs. 340 per kg.
The PBS report says that the prices of tomatoes, garlic, eggs, Gur [jaggery], sugar, lentils, peanuts, LPG and flour went down.
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According to the statistics, the prices of 22 essential commodities remained stable in the country.
The year-on-year trend depicts an increase of 16.49 percent mainly due to an increase in tomatoes (169.79 percent), LPG (74.78 percent), garlic (62.44 percent), mustard oil (56.77 percent), vegetable ghee one kilogram (46.83 percent), cooking oil five-liter (46 percent), vegetable ghee 2.5 kg (43.69 percent), washing soap (38.87 percent), pulse masoor (35.73 percent), petrol (33.42 percent), beef (25.50 percent) and diesel (23.75 percent), while major decrease observed in the prices of powdered chilies (36.30 percent), pulse Moong (30.52 percent), eggs (18.59 percent), sugar (10.42 percent) and potatoes (7.32 percent).
