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ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on January 21, 2021 recorded an increase of 0.32 percent over the last week due to rise in prices of food items inducing, ie, chicken (4.90 percent), bananas (3.04 percent), vegetable ghee (2.94 percent), cooking oil (2.59 percent), and among non-food items, petrol (3.02 percent), and diesel (2.67 percent).

This was revealed in the Pakistan Bureau of Statistics (PBS) data released here on Friday.

According to the latest data, the SPI went up from 139.70 points during the week ended January 14, 2021 to 140.15 points during the week under review.

During the week, out of 51 items, prices of 19 (37.25 percent) items increased, eight (15.68 percent) items decreased, and 24 (47.06 percent) items remained constant.

The PBS data further stated that the year-on-year trend depicts an increase of 6.54 percent with most of the items increased mainly chilies powder National pack (103.81 percent), match box (25.39 percent) eggs (22.00 percent), vegetable ghee 2.5 kg (21.39 percent), mustard oil (20.50 percent), vegetable ghee 1kg (20.39 percent), sugar (17.74 percent), cooking oil 5 liter (16.47 percent), long cloth (16.07 percent), shirting (15.71 percent), rice irri 6/9 (14.77 percent), bread plain (14.47 percent), Sufi washing soap (13.63 percent) and curd (13.05 percent) while a major decrease was observed in the price of onions (28.65 percent), garlic (17.84 percent), tomatoes (15.83 percent), pulse gram (12.70 percent), LPG (11.97 percent), diesel (10.99 percent), potatoes (8.87 percent), petrol (6.32 percent), electricity for Q1(3.82 percent), wheat flour (0.84 percent), and moong (0.15 percent).

The SPI for the consumption groups up to Rs17,733, from Rs17,733 to Rs22,888, Rs22,889 to Rs29,517 and Rs29,518 to Rs44,175 and above Rs44,175 per month increased by 0.06 percent, 0.14 percent, 0.23 percent, 0.29 percent, and 0.41 percent, respectively.

The commodities, which recorded increase in their average prices include, chicken (4.90 percent), bananas (3.04 percent), petrol super (3.02 percent), vegetable ghee Dalda/Habib 2.5 kg tin each (2.94 percent), hi-speed diesel (2.67 percent), cooking oil Dalda or other similar brand (sn), 5 litre tin each (2.59 percent), vegetable ghee Dalda/Habib or other superior quality 1kg pouch each (2.37 percent), onions (1.93 percent), moong (1.61 percent), match box (0.94 percent), gram (0.91 percent), Sufi washing soap (0.73 percent), mustard oil (0.68 percent), cooked beef (0.46 percent), masoor (0.42 percent), gur (0.35 percent), mutton (0.23 percent), beef with bone (0.23 percent), and maash (0.18 percent).

According to the PBS, decrease was observed in the price of tomatoes (14.80 percent), eggs (7.98 percent), potatoes (1.82 percent), LPG (1.34 percent), sugar (1.33 percent), garlic (0.23 percent), wheat flour (0.22 percent), and firewood whole (0.04 percent).

According to the PBS, the commodities which remained stable during the period under review include rice basmati broken, rice irri-6/9 (Sindh/Punjab), bread plain, milk fresh, curd, powdered milk, salt powdered, chilies powder, tea, cooked daal, tea prepared, cigarettes, long cloth 57" Gul Ahmed/Al Karam, shirting, lawn printed Gul Ahmed/Al Karam, Georgette, gents sandal, gents sponge, ladies sandal, electricity charges for Q1, gas charges, energy saver, telephone call charges, and toilet soap Lifebuoy.

Copyright Business Recorder, 2021

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