The heydays of declining inflation driven by low base effects appear to be over as the Sensitive Price Indicator (SPI) for the week ended May 15, 2025 exhibited a year-on-year increase of 1.29% and a notable week-on-week (WoW) rise of 1.03%, signalling renewed upward pressure on essential commodity prices.
The SPI for the week ended May 15, 2025 showed a combined increase of 1.03% WoW, rising from 310.05 to 313.24. Compared to the same week of last year (May 16, 2024), the index recorded a year-on-year (YoY) growth of 1.29%, up from 309.25, according to AHL.
The SPI is calculated on a weekly basis to monitor short-term price movements of essential commodities. It serves as an important tool for assessing inflationary trends and reviewing the overall price situation.
For the week ended May 15, 2025, the notable WoW price hikes were observed in chicken (15.95%), eggs (8.34%), sugar (1.97%), long cloth (1.74%), powdered milk (1.59%), gur (1.48%), pulse gram (0.94%), printed lawn (0.77%), mutton (0.62%), cooked beef (0.49%) and energy savers (0.31%).
Conversely, significant declines were seen in prices of tomatoes (5.20%), garlic (3.45%), onions (2.57%), potatoes (1.93%), branded tea – Lipton (1.14%), LPG (0.90%), broken Basmati rice (0.54%), 2.5kg vegetable ghee (0.38%) and 1kg vegetable ghee (0.23%).
Out of the 51 items surveyed, prices of 18 items (35.29%) increased, 12 items (23.53%) decreased while 21 items (41.18%) remained unchanged.
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