According to data from the Pakistan Bureau of Statistics, the Sensitive Price Index (SPI) for short-term inflation has decreased by 1.7 percent. However, year-on-year, the SPI has surged to 35.45 percent, primarily due to increasing prices of food items and electricity.
Published on: 21/10/2023Category:
Weekly Inflation Decreases 1.7% Due to Oil Price Decline
Inflation in Pakistan has decreased due to lower prices of petroleum products and the fall in the dollar rate. The weekly report from the Pakistan Bureau of Statistics shows a 1.7% decrease in the inflation rate, with prices of 24 items dropping while 14 items increased. Prices of onion, chicken, lentils, tea, and rice fell, but rates of eggs, mutton, and beef increased. Read more on the source here.
Published on: 21/10/2023Category:
Weekly inflation declines by 1.7% following government’s petrol price reduction
Pakistan’s weekly inflation saw a decrease of 1.7% due to a drop in petrol prices, providing relief to consumers. The annualized sensitive price indicator (SPI) increased by 35.5%, with prices of certain items rising and others declining. The SPI data is collected by the Pakistan Bureau of Statistics (PBS).
Published on: 21/10/2023Category:
Short-term inflation reaches 35.4 percent
Short-term inflation in Pakistan rises to 35.45% due to higher prices of essential food items and electricity. The caretaker government’s reduction in petroleum product prices is expected to impact everyday prices, except transportation costs. In the reviewed period, several items experienced significant price increases, while others saw decreases week-on-week.
Published on: 21/10/2023Category:
Short-Term Inflation Recorded at 35.4%, Highlighting Economic Impact
In the week ending on October 19, short-term inflation in Pakistan rose to a staggering 35.45%. Rising prices of essential food items and electricity are contributing factors. Petroleum price reductions may have a positive impact in the future, but transportation costs remain unaffected. The government must address this issue to reduce the burden on consumers.
Published on: 21/10/2023Category:
Weekly inflation eases by 1.70 percent, driven by SPI
According to the Pakistan Bureau of Statistics (PBS), the weekly inflation rate in Pakistan has slightly declined by 1.70 percent, giving consumers a bit of relief. However, compared to the same week last year, the inflation rate has actually increased by 35.45 percent.
Published on: 21/10/2023Category:
Most Popular Food Choices During IND-PAK
The India-Pakistan match in Ahmedabad not only captivated spectators with thrilling cricket action but also saw a surprising surge in food preferences. Swiggy’s survey revealed a remarkable 1100% increase in demand for veg burgers, surpassing the popularity of biryani, making it the “dish of the match.”
Published on: 21/10/2023Category:
Pakistan’s Weekly Inflation Decreases by 1.70%
The weekly inflation in Pakistan dropped by 1.70% according to a recent report by the Pakistan Bureau of Statistics. Prices of essential items such as onions, chicken, and petrol decreased, providing relief to consumers.
Published on: 21/10/2023Category:
Rice Imports Decreased by 16.37% in October
Rice imports in the Philippines have decreased by 16.37% compared to last year, according to the Department of Agriculture. Vietnam remains the top source for rice imports, while India has lifted its export ban and allocated the Philippines the largest export allocation to help lower retail prices.
Published on: 21/10/2023Category:
October sees a 16.37% decline in rice imports
Rice imports in the Philippines have declined, leading to stabilized prices. India has allowed exports of non-basmati white rice to the Philippines, aiming to lower retail prices amid lower imports and the anticipated El NiƱo phenomenon.
Published on: 21/10/2023Category: