March 27, 2023
1 min read

Pak inflation reaches all time high of 46%

On a week-on-week basis, short-term inflation increased by 1.80 per cent as tomatoes, potatoes and wheat flour became costlier…reports Asian Lite News

Short-term inflation, measured by the Sensitive Price Index (SPI), reached an all-time high of 46.65 per cent year-on-year for the week ending on March 22, in comparison to last week 45.64’s per cent YoY, as per data by Pakistan Bureau of Statistics (PBS), media reports said.

On a week-on-week basis, short-term inflation increased by 1.80 per cent as tomatoes, potatoes and wheat flour became costlier, Samaa TV reported.

The SPI for the current week ended on March 22 recorded increase of 1.80 per cent.

Major increase is observed in the prices of food items – tomatoes (71.77 per cent), wheat flour (42.32 per cent), potatoes (11.47 per cent), bananas (11.07 per cent), tea Lipton (7.34 per cent), pulse mash (1.57 per cent), tea prepared (1.32 per cent) and gur (1.03 per cent), and non-food items like georgette (2.11 per cent), lawn (1.77 per cent) and long cloth (1.58 per cent), Samaa TV reported.

On the other hand, decrease was observed in the prices of chicken (8.14 per cent), chillies powdered (2.31 per cent), LPG (1.31 per cent), mustard oil & garlic (1.19 per cent) each, pulse Gram & onions (1.06 per cent each), vegetable ghee 1 kg (0.83 per cent), cooking oil 5 litre (0.21 per cent), pulse moong (0.17 per cent), pulse masoor (0.15 per cent), and Eggs (0.03 per cent).

During the week, out of 51 items, prices of 26 (50.98 per cent) items increased, 12 (23.53 per cent) items decreased, and 13 (25.49 per cent) items remained stable, Samaa TV reported.

The year on year trend depicts increase of 46.65 per cent, onions (228.28 per cent), cigarettes (165.88 per cent), wheat flour (120.66 per cent), gas charges for Q1 (108.38 per cent), diesel (102.84 per cent), tea Lipton (94.60 per cent), bananas (89.84 per cent), rice Irri-6/9 (81.51 per cent), rice Basmati broken (81.22 per cent), petrol (81.17 per cent), eggs (79.56 per cent), pulse moong (68.64 per cent), potatoes (57.21 per cent) and pulse mash (56.46 per cent), while decrease is observed in the price of chillies powdered (9.56 per cent).

ALSO READ: Pakistan court sentences man to death for blasphemy

Previous Story

Hindus among healthiest in Britain, reveals census data

Next Story

Sunak dials Harry Kane, hails him as ‘all time great’

Latest from -Top News

Trump Warns Musk: ‘Close Shop or Go Home’

Trump’s warning on his Truth Social platform late on Tuesday (US time) came amid the feud between him and Musk over the ‘One Big Beautiful Bill’….reports Asian Lite News Former US President

India-US Trade Deal Likely This Week

The interim trade deal would be an initial step towards a comprehensive bilateral free trade agreement between Indian and the US….reports Asian Lite News India is expected to finalise an interim trade

One Year Later, Hasina’s Son Raises Red Flag

Hasina’s abrupt exit last August after violent student protests was widely seen as a blow to democracy in the Muslim-majority nation of 170 million….reports Asian Lite News Sajeeb Wazed, son of former

Global South Finds Its Campus in India

The question is no longer if India can attract global talent, but whether it can build the conditions to do so at scale—with care and vision. Done right, India could emerge as

Jaishankar Gets Real on India-US Ties

The EAM underlined the structural drivers of the bilateral relationship, saying, “The trend line over the last 25 years has actually been very strong….reports Asian Lite News External Affairs Minister S. Jaishankar
Go toTop

Don't Miss

PM Modi Wishes Success to Shehbaz, Pakistan’s New PM

The swearing-in ceremony was attended by Nawaz Sharif, Punjab Chief

Financial Burdens Derail Privatisation Plan for PIA

PIA has borrowed more than Pakistan rupee (PKR) 270 billion