People continued to suffer from the rising trend in the prices of essential commodities, as the Sensitive Price Indicator (SPI) rose by 1.05% this week to 48.35% on an annual basis, according to the Bureau of Statistics data released on Friday.
According to the statistics, prices of 30 essential items registered an increase during the week, while nine commodities saw a decline in their rates. The prices of the remaining 12 commodities in the SPI basket remained stable.
The items that became more expensive during the week included flour, sugar, beef, mutton, chicken, potato, fresh milk, curd, eggs, and pulses, whereas the items that declined in price included onion, garlic, and tomato, branded ghee, and mustard oil.
In terms of SPI, the rate of inflation in the country had risen to 48.35% compared to the data in the same week last year. The statistics showed that the people who were hit the hardest by inflation were those in the bracket of a monthly income of Rs44,176.
The data said that the inflation rate was 44.47% for the group with an income of Rs17,733 to Rs22,888 per month. For the group with an income of Rs22,889 to Rs29,517 per month, it was 47.90%, while it jumped to 49.75% for the group with a monthly income of Rs44,176.
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