{"id":111590,"date":"2024-08-02T21:00:31","date_gmt":"2024-08-02T16:00:31","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=111590"},"modified":"2024-08-02T17:24:22","modified_gmt":"2024-08-02T12:24:22","slug":"short-term-inflation-falls-by-0-12-pc","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/short-term-inflation-falls-by-0-12-pc\/","title":{"rendered":"Short-term inflation falls by 0.12 pc"},"content":{"rendered":"<p>ISLAMABAD, Aug 2 :The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.12 percent for the combined consumption groups during the week ended on August 1st, the Pakistan Bureau of Statistics (PBS) reported on Friday.<\/p>\n<p>According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 321.56 points as compared to 321.95 points during the past week.<\/p>\n<p>As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 18.41 per cent.<\/p>\n<p>The weekly SPI with the base year 2015-16 =100 covers 17 urban centres and 51 essential items for all expenditure groups.<\/p>\n<p>The SPI for the lowest consumption group of up to Rs 17,732, decreased by 0.90 per cent and went down to 309.40 points from last week\u2019s 312.22 points.<\/p>\n<p>The SPI for the lowest consumption groups of Rs 17,732-22,888, Rs 22,889-29,517; Rs 29,518-44,175 and above Rs 44,175 decreased by 1.36 percent, 0.17 percent, 0.23 and 0.80 percent respectively.<\/p>\n<p>During the week, out of 51 items, prices of 24 (47.06%) items increased, 7 (13.72%) items decreased and 20 (39.22%) items remained stable.<\/p>\n<p>The items, which recorded major decrease in their average prices on a week-on-week basis included electricity charges for Q1 (15.80%), bananas (4.87%), diesel (3.81%), petrol (2.23%), wheat flour (0.98%) and sugar (0.21%) and cigarettes (0.21%).<\/p>\n<p>The commodities which recorded major increase in their average prices on week-on-week basis included chicken (5.91%), eggs (1.58%), cooked daal (1.05%), pulse gram (0.78%), cooked beef (0.53%), rice basmati broken (0.44%), garlic (0.43%), onions (0.40%), shirting (0.09%) and LPG (0.06%).<\/p>\n<p>On-year basis, the commodities that witnessed decrease included wheat flour (32.28%), electricity charges for q1 (15.46%), cooking oil 5 litre (13.44%), vegetable ghee 2.5 kg (9.99%), vegetable ghee 1 kg (9.21%), eggs (7.90%), chili powder (7.04%), mustard oil (6.80%), rice basmati broken (5.68%), petrol(1.20%) and diesel (0.16%).<\/p>\n<p>The commodities which recorded an increase in their average prices on year-on-year basis included gas charges for Q1 (570.00%), onions (86.53%), pulse gram (41.78%), powered milk (32.32%), pulse moong (30.21%), garlic (27.88%), shirting (25.09%), gents sandal (25.01%), salt powder (23.28%), beef (23.13%), pulse mash (21.22%) and energy saver (17.96%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, Aug 2 :The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.12 percent for the combined consumption groups during the week ended on August 1st, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, [&#8230;]<\/p>\n<p>\n","protected":false},"author":16,"featured_media":111591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-111590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Short-term inflation falls by 0.12 pc<\/title>\n<meta name=\"description\" content=\"Short-term inflation falls by 0.12 pc\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pni.net.pk\/en\/latest-business-news\/short-term-inflation-falls-by-0-12-pc\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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