The inflationary trend, which has been rising relentlessly for four months, slightly abated in the week ending on November 10 as the year-on-year (YoY) inflation fell from 30.6% to 29.24%.
However, according to data shared by the Pakistan Bureau of Statistics (PBS) showed on Friday, week-on-week (WoW) inflation showed a slight increase, recording 0.74% compared to 0.53 percent last week and a record 4.13% in the week that ended on Oct 27.
Out of 51 items, 22 saw price increases last week, 14 had price decreases, and 15 had stable prices.
chicken prices increased by 1.98%, potatoes were 5.31%, onions prices by 27.16%, tea leaves were 4.62, sugar was 3.60, and eggs were 2.13%.
As per week-on-week terms, the prices of onions increased by 27.16%, potatoes by 5.31 percent, tea by 4.62 percent, bananas by 4.38%, and sugar by 3.6%.
However, the cost of other necessities decreased on WoW basic. The statistics revealed that tomatoes had a fall of 6.37 percent, along with pulse gram, pulse masoor, moong, and five liters of cooking oil.
Similar to this, the prices of chili powder, sugar, gur, and LPG all decreased year over year, with a fall of 41.85%, 8.9%, 6.87%, and 0.25% respectively.
Meanwhile, prices of 15 essential commodities remained stable.
According to the SPI the last week, the rate of inflation for the group income up to Rs17,732 per month on an annual basis increased by 26.17%.
Inflation rates increased by 27.44% for strata income between Rs17,733 and Rs22,888 per month and by 29.25% for those earning between Rs22,889 and Rs29,517 per month.
The inflation rate was 30.26% for those with a monthly salary between Rs 29,518 and Rs 44,175 rupees, while it was 30.14% for those income more than Rs 44,176.