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Markets Print edition: 2026-07-11

SPI drops 0.45pc WoW

Published Updated

ISLAMABAD: The inflation based on Sensitive Price Index (SPI) has declined by 0.45 percent on Week on Week (WoW) basis, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.

The PBS said the SPI for the week ended July 9, 2026, registered a nominal decline from the previous week, mainly due to lower prices of both food and non-food items. Prices of LPG fell by 15.12 percent, tomatoes by 23.00 percent, pulse moong by 2.15 percent, petrol by 0.69 percent, and diesel by 0.63 percent.

However, on a year-on-year (YoY) basis, the SPI increased by 11.94 percent, primarily driven by higher prices of tomatoes (129.01 percent), onions (76.34 percent), wheat flour (71.22 percent), electricity charges for Q1 (49.14 percent), gas charges for Q1 (29.85 percent), LPG (25.51 percent), mutton (16.36 percent), and gents’ sponge chappals (16.69 percent).

READ MORE: SPI falls by nearly 1pc WoW

Meanwhile, prices declined on a YoY basis for potatoes (35.89 percent), pulse gram (22.23 percent), chicken (21.32 percent), sugar (20.98 percent), salt powder (14.09 percent), pulse masoor (12.93 percent), eggs (9.23 percent), and pulse moong (6.06 percent).

During the week, out of 51 monitored items, prices of 22 items (43.14 percent) increased, prices of eight items (15.69 percent) declined, while prices of 21 items (41.17 percent) remained unchanged.

No non-food item recorded a year-on-year price decline.

The SPI fell by 0.36 percent for households with monthly incomes up to PKR 17,732 and by 0.33 percent for those earning between PKR 17,733 and PKR 22,888. It declined by 0.32 percent for the PKR 22,889-29,517 income group, by 0.33 percent for households earning between PKR 29,518 and PKR 44,175, and by 0.55 percent for households with monthly incomes above PKR 44,175 during the week under review.

The combined SPI for all expenditure groups stood at 352.66, down from 354.24 in the previous week, reflecting a 0.45 percent week-on-week decline.

Copyright Business Recorder, 2026

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