ISLAMBAD: June 16, 2023: Pakistanis are braving matchless price-hike in Shahbaz government. A sensitive price index report suggests that year- on- year trend depicts increase of 34.96%, cigarettes (124.38%), tea Lipton (114.93%), wheat flour (110.08%), gas charges for Q1 (108.38%), rice basmati broken (79.11%), rice Irri-6/9 (78.11%), potatoes (67.44%), bananas (67.33%), gents sponge chappal (58.05%), pulse moong (53.41%), bread (52.36%), pulse mash (52.32%) and salt powdered (49.65%).
According to SPI decrease is observed in the prices of tomatoes (29.71%), , onions (17.94%), diesel (3.89%) and pulse masoor (0.91%).
ANALYSIS OF WEEKLY SPI
The SPI for the current week ended on 15th Jun, 2023 increased by 0.20%. Major increase is observed in the prices of food items, Sugar (4.24%), Gur (2.42%), Wheat Flour (1.79%), Curd (1.59%), Pulse Mash (1.25%), Garlic (1.15%), Milk Fresh (1.08%) and non-food item, Washing Soap (1.61%).
ii. On the other hand decrease is observed in the prices Onions (7.56%), Bananas (5.00%), Eggs (4.86%), LPG (4.14%), Pulse Moong (2.04%), Pulse Gram (1.46%), Vegetable Ghee 1 kg (1.36%), Chicken (1.12%), Mustard Oil (0.75%), Cooking Oil 5 Litre (0.44%), Pulse Masoor (0.42%) and Vegetable Ghee 2.5 kg (0.36%). iii. During the week, out of 51 items, prices of 19 (37.25%) items increased, 12 (23.53%) items decreased and 20 (39.22%) items remained stable.
