Weekly inflation up by 0.03 percent

Annual inflation has been recorded at 42.67 percent

ISLAMABAD:

After two consecutive weeks of decline, inflation in Pakistan has begun to rise once more. During the recent week, there was a slight increase in the inflation rate, up by 0.03 percent, with an annual inflation rate recorded at 42.67 percent.
The inflation rate for individuals with a monthly income ranging from Rs17,733 to Rs22,888 was 43.49 percent. In the past week, the prices of 19 essential items in the country increased, while 14 items became cheaper, and the prices of 18 items remained stable.

According to the weekly report on inflation issued by the Pakistan Bureau of Statistics (PBS), the prices of several basic necessities rose, including potato, onion, chicken, tomato, flour, lentils, lentil mash, sugar, salt, beef, mutton, raw milk, curd, jaggery, energy saver, tea leaves, and rice.

On the other hand, the prices of 14 items decreased, including garlic, LPG, pulses, eggs, broken rice, mustard oil, and petroleum products. Additionally, the prices of 18 essential items remained unchanged.

The bureau reported that tomato prices increased by 1.11 percent, onion prices by 7.31 percent, chicken prices by 2.87 percent, tea prices by 1.56 percent, potato prices by 2.89 percent, salt prices by 1.08 percent, and energy saver prices by 2.16 percent.

Meanwhile, LPG prices rose by 4.46 percent, flour prices by 4.06 percent, egg prices by 2.57 percent, vegetable ghee prices by 1.87 percent, dal prices by 1.27 percent. However, petrol prices fell by 2.96 percent, diesel prices by 1.94 percent, and mustard oil prices by 1.57 percent.

The statistics indicate that the inflation rate for individuals with a monthly income of up to Rs17,732 stood at 40.20 percent on an annual basis. For the income group ranging from Rs17,733 to Rs22,888 per month, the inflation rate was 43.49 percent. Similarly, for the income groups of Rs22,889 to Rs29,517, Rs29,518 to Rs44,175, and over Rs44,176 per month, the inflation rates were 42.87 percent, 42.38 percent, and 43.26 percent, respectively.