The Sensitive Price Indicator (SPI) for last week recorded an increase of 0.32 percent over the previous week due to a rise in prices of food items i.e. onions (10.63 percent), tomatoes (9.29 percent), and sugar (1.66 percent).
According to the latest data, released by the Pakistan Bureau of Statistics (PBS), the SPI went up from 137.59 points during the week ended September 17, 2020, to 138.03 points during the week under review.
The year on year trend depicts an increase of 8.86 percent with most of the items increased mainly tomatoes (100.56 percent), chili powder (86.31 percent), potatoes (65.32 percent), pulse moong (41.11 percent), eggs (38.76 percent), pulse mash (35.84 percent), sugar (29.13 percent), pulse masoor (25.88 percent), bread (18.80 percent), matchbox (18.03 percent), gur (17.85 percent), washing soap 250 gm (17.23 percent), vegetable ghee 1kg (17.13 percent), wheat flour bag (16.38 percent), mustard oil (15.89 percent), vegetable ghee 2.5kg (15.52 percent) and long cloth (15.45 percent).
While a major decrease was observed in the price of chicken (26.92 percent), onions (25.60 percent), diesel (16.10 percent), garlic (12.47 percent), petrol (8.11 percent), and LPG (7.11 percent).
The weekly SPI covers 17 urban centers and 51 essential items for all expenditure groups. During the week, out of 51 items, prices of 22 (43.13 percent) items increased, 08 (16.67 percent) items decreased and 21 (41.17 percent) items remained constant, according to the provisional figures released by the PBS.
The SPI for the consumption groups up to Rs. 17,733, from Rs. 17,733 to Rs. 22,888, Rs. 22,889 to Rs. 29,517, Rs. 29,518 to Rs. 44,175 and above Rs. 44,175 per month increased by 0.58 percent, 0.50 percent, 0.42 percent, 0.37 percent, and 0.24 percent respectively.
The commodities, which recorded increase in their average price include onions (10.63 percent), tomatoes (9.29 percent), sugar refined (1.66 percent), sufi washing soap (1.19 percent), pulse masoor (0.78 percent), rice basmati broken (0.78) gur (0.73 percent), eggs hen (0.73 percent), mutton (0.73 percent), energy saver light bulb (0.69 percent), cooked daal (0.56 percent), mustard oil (0.55 percent), tea prepared (0.47 percent), cooked beef (0.39 percent), pulse mash (0.32 percent), cooking oil (0.24 percent), vegetable ghee (0.19 percent), vegetable ghee (0.18 percent), curd (0.12 percent), beef with bone (0.07 percent), pulse gram (0.04 percent) and wheat flour bag (0.03 percent).
The commodities, which recorded a decrease in their average price, include chicken farm broiler (5.33 percent), bananas (4.45 percent), potatoes (3.11 percent), LPG (0.72 percent), pulse moong (0.64 percent), electricity charges (0.49 percent), garlic (0.24 percent) and rice irri-6/9 (0.20 percent).
Prices of the commodities that observed no change during the week under review include rice bread plain, milk fresh, powdered milk, salt powdered (national/shan), chilies powder, tea Lipton yellow label, cigarettes, long cloth 57″ Gul Ahmed/Al Karam, shirting, lawn printed Gul Ahmed/Al Karam, georgette, gents sandal, gents sponge chappal, ladies sandal, gas charges, firewood, matchbox, petrol super, hi-speed diesel, telephone call charges, and toilet soap.