Pakistan Sees a 0.51% Decline in Weekly Inflation

In the week ending December 21, Pakistan experienced a 0.51% decrease in weekly inflation, as measured by the Sensitive Price Indicator (SPI), across all consumption groups.

The SPI for this period, recorded at 310.00 points, showed a decline from the previous week's 311.58 points, according to data from the Pakistan Bureau of Statistics (PBS).

However, when compared to the corresponding week of the previous year, the SPI for the combined consumption group witnessed a significant increase of 42.60%.

The weekly SPI, based on the 2015-16 =100 index, encompasses 17 urban centers and tracks 51 essential items across all expenditure groups.