Weekly inflation, measured by the Sensitive Price Indicator (SPI) for the combined consumption group, fell by 1.23% year-on-year for the week ending July 10, compared to the same week in 2024, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
However, on a week-on-week basis, the SPI rose by 0.95%, reaching 315.03 points, up from 312.06 the previous week.
Despite the slight weekly increase, the SPI showed a year-on-year decline, indicating some relief in overall inflation compared to last year.
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 Rs 17,732 witnessed an increase of 1.06 per cent and going up to 304.79 points this week from last week’s 301.60 points.
The SPI for consumption groups of Rs 17,732 to 22,888, Rs 22,889-29,517; Rs 29,518-44,175 and above Rs 44,175, increased by 1.10 percent, 0.99 percent,1.02 percent and 0.88 percent respectively.
During the week, out of 51 items, prices of 19 (37.25%) items increased, 06 (11.77%) items decreased and 26 (50.98%) items remained stable.
The items, which recorded major decrease in their average prices on a week-on-week basis included LPG (2.56%), mustard oil (0.81%), pulse moong (0.41%), cooking oil 5 litre (0.20%) and wheat flour & vegetable ghee 2.5 kg (0.02%) each.
The commodities which recorded major increase in their average prices on a week-on-week basis included chicken (22.61%), tomatoes (13.45%), onions (6.25%), potatoes (2.79%), garlic (2.36%), sugar (1.90%), gur (1.89%) and rice basmati broken (0.84%).
Year-on-year basis, the commodities that witnessed decrease included onions (50.04%), tomatoes (45.66%), electricity charges for q1 (37.62%), garlic (22.80%), wheat flour (22.19%), pulse mash (20.46%), tea packet (17.93%), potatoes (12.97%), pulse masoor (9.37%) and diesel (1.58%).
The commodities which recorded an increase in their average prices on year-on-year basis included ladies sandal (55.62%), sugar (29.17%), pulse moong (18.89%), beef (14.71%), chicken (13.77%), gur (12.66%), vegetable ghee 2.5 kg & 1 kg (12.46%) each, firewood (10.44%), powdered milk (9.41%), lawn printed (7.89%) and shirting (7.31%).
