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ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended May 19, 2022 recorded an increase of 1.42 percent mainly due to an increase in the prices of food items including chicken (9.03 percent), masoor (6.30 percent), eggs (4.24 percent), wheat flour (3.99 percent), pulse gram (3.86 percent), mustard oil (2.99 percent), pulse mash (1.86 percent), milk fresh (1.18 percent) and non-food items energy saver (4.37 percent) and long cloth 57” (1.97 percent), says the Pakistan Bureau of Statistics (PBS).

The year-on-year trend depicts an increase of 16.54 percent, tomatoes (171.18 percent, onions (147.18 percent), LPG (99.65 percent), garlic (81.51 percent), pulse masoor (61.69 percent), mustard oil (61.05 percent), cooking oil 5 litre (60.43 percent), vegetable ghee 2.5 kg (59.80 percent), vegetable ghee 1 kg (59.09 percent), washing soap (39.96 percent), petrol (37.42 percent) and diesel (29.63 percent), while major decrease observed in the prices of chillies powdered (39.50per cent), bananas (25.21 percent), pulse moong (24.40 percent), potatoes (20.78per cent), sugar (14.13per cent) and electricity charges for Q1 (11.71per cent).

According to the latest data, the SPI went up from 172.63 per cent during the week ended May 12, 2022 to 175.08 per cent during the week under review.

SPI surges 0.49pc WoW

The SPI for the consumption groups up to Rs17,732 and Rs17,733 to Rs22,888, Rs22,889 to Rs29,517 and Rs29,518 to Rs44,175 and for above Rs44,175 increased by 1.46 per cent, 1.58 per cent, 1.54 per cent, 1.52 per cent and 1.30 per cent, respectively.

During the week, out of 51 items, prices of 33 (64.71per cent) items increased, 04 (7.84per cent) items decreased and 14 (27.45per cent) items remained stable, says the PBS.

The items the prices of which increased included chicken (9.03per cent), pulse masoor (6.30per cent), energy saver Philips (4.37per cent), eggs (4.24per cent), wheat flour bag 20 kg (3.99per cent), pulse gram (3.86per cent), rice basmati broken (3.11per cent), mustard oil (2.99per cent), rice irri-6/9 (2.67per cent), long cloth 57” Gul Ahmed/Al Karam(1.97per cent), pulse mash (1.86per cent), curd (1.68per cent), onions (1.38 percent), milk fresh (1.18 percent), pulse moong (0.96 percent), beef with bone (0.93 percent), LPG (0.90 percent), cigarettes capstan (0.69 percent), sugar (0.63 percent), firewood whole 40 kg (0.62 percent), georgette (0.60per cent), shirting (0.53per cent), mutton (0.51per cent), vegetable ghee Dalda/Habib or other superior quality 1 kg pouch each (0.42 percent), cooked beef (0.41 percent), vegetable ghee Dalda/Habib 2.5kg tin each (0.41 percent), cooking oil Dalda or other similar brand (sn), 5 litre tin each (0.41 percent), powdered milk Nido 390 gm polybag each (0.34 percent), tea prepared (0.26 percent), lawn printed Gul Ahmed/Al Karam(0.25per cent), tea Lipton Yellow Label (0.23per cent), garlic (0.20per cent), and Sufi washing soap (0.12per cent).

The items which registered a decrease in prices include bananas (2.97per cent), tomatoes (0.20per cent), potatoes (0.11per cent) and gur (0.07per cent).

Copyright Business Recorder, 2022

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