ISLAMABAD   -   Weekly inflation based on Sensitive Price Index (SPI) en­hanced to all time high of 45.5 percent in the week ended on September 1 over the corre­sponding period of the previous year mainly due to the continu­ous increase in oil and electric­ity prices and damages caused to crops due to floods.

The SPI based inflation has recorded increase of 1.31 per­cent during the week ended on September 1 over the preced­ing week, according to the lat­est data of Pakistan Bureau of Statistics (PBS). The SPI was re­corded at 222.85 points during the week ended on September 1 as compared to 219.97 point during the week ended on Au­gust 25. On annual basis, the weekly inflation has enhanced to all time high of 45.5 percent.

Recent floods caused by abnormally heavy monsoon rains have adversely affected important and minor Kharif crops which may impact the economic outlook through ag­riculture performance. The massive increase in electricity tariff as well as in petroleum products are another factors that contributed to the price spike. During the week, out of 51 items, prices of 31 (60.79 percent) items increased, 03 (05.88 percent) items de­creased and 17 (33.33 percent) items remained stable.

The SPI for the current week ended on 01st September, 2022 recorded an increase of 1.31 percent. Increase is ob­served in the prices of food items, onions (42.17 percent), tomatoes (13.25 percent), pulse moong (7.94 percent), potatoes (6.97 percent), eggs (3.84 percent), chicken (3.25 percent), pulse gram (2.89 percent), wheat flour (1.49 percent), pulse mash (1.26 percent) and bread (1.22 per­cent). In non-food items, price of LPG has increased by (4.45 percent), diesel (1.19 percent) and petrol (0.88 percent).

On the other hand, a de­crease was observed in the prices of vegetable ghee 1kg (0.76 percent), vegetable ghee 2.5kg (0.41 percent) and pulse masoor (0.34 percent).

The prices of following com­modities remained unchanged including, beef with bone, cooked beef at average hotel, salt, chilies powder, tea Lipton, tea prepared, average quality 3 gents sandal Bata, electric­ity charges, gas charges upto 3.3719 MMBTU, energy saver, and telephone call charges.

According to the PBS data, the Sensitive Price Indicator for the lowest consumption group up to Rs17,732 witnessed 1.63 percent increase and went up to 229.15 points this week from 225.48 points in last week. Meanwhile, the SPI for the consumption groups from Rs17,732-22,888; Rs22,889-29,517; Rs29,518-44,175 and above Rs 44,175 also increased by 1.53 percent, 1.43 percent, 1.39 percent and 1.2 percent respectively.

The year on year trend de­picts an increase of 45.50 percent, onions (240.15 per­cent), tomatoes (219.99 per­cent), diesel (114.08 percent), petrol (98.73 percent), pulse masoor (82.44 percent), cook­ing oil 5 litre (70.60 percent), mustard oil (67.50 percent), washing soap (64.81 percent), vegetable ghee 2.5 Kg (63.70 percent), electricity (63.01 percent), vegetable ghee 1 kg (61.16 percent), pulse gram (58.54 percent), pulse mash (49.36 percent) and LPG (45.23 percent), while a de­crease observed in the prices of chillies powder (43.42 per­cent), sugar (18.20 percent) and gur (1.75 percent).