Weekly inflation rises 0.24% amid rising food costs

Pakistan’s weekly inflation rose by 0.24%, the Pakistan Bureau of Statistics (PBS) reported on Friday, highlighting continued pressure on household budgets from rising food prices.

The report showed the annual weekly inflation rate at 3.75%. During the week, prices of 17 essential items increased, while 14 items saw a decline, reflecting a mixed trend with an overall upward bias.

Chicken prices surged by Rs40.34 per kilogram, eggs rose by Rs10.31 per dozen, and firewood became costlier by Rs12.35 per maund, adding to household expenses as winter approaches.

Among other items, moong lentils increased by Rs1.17 per kilogram. Prices of yoghurt, fresh milk, mutton and powdered milk also moved up, showing that daily-use food items are still “costing an arm and a leg” for ordinary consumers.

On the other hand, tomatoes provided some relief, becoming cheaper by Rs9.01 per kilogram. Potato prices fell by Rs5.08 per kilogram, while sugar saw a notable decline of Rs7.09 per kilogram over the week.

According to the PBS, diesel, masoor lentils and LPG cylinders were also among the items that became cheaper. Meanwhile, prices of 20 items, including bread, wheat flour and clothing, remained unchanged during the week, offering little comfort but keeping things “steady as she goes.”

Source: Dunya News 

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