Short-term inflation, as analysed by the Sensitive Price Indicator (SPI), continues to rise, with a year-on-year increase of 30.82 percent for the week ending August 10, according to official statistics from the Pakistan Bureau of Statistics (PBS).
Short-term inflation jumped 0.69 percent week over week and shows no signs of reducing, prompting anxiety among economists and consumers alike.
Prices for 29 of the 51 products in the SPI basket increased, five decreased, and 17 remained steady from the previous week.
The price of chilies powder (3.72%), powdered milk (3.65%), pulse mash (3.13%), garlic (2.39%), sugar (2.30%), chicken (2.27%), salt (1.84%), and eggs (1.74%) increased the most week on week.
Wheat flour (131.81pc), cigarettes (109.57pc), gas charges for Q1 (108.38pc), tea Lipton (95.19pc), rice basmati broken (84.09pc), chilies powder (72.94pc), rice Irri-6/9 (72.74pc), sugar (67.90pc), chicken (65.87pc), gur (58.93pc), gents sponge chappal (58.