Inflation measured through the Sensitive Price Indicator (SPI) has recorded an increase of 1.53 per cent during the week ended on April 7 mainly due to the advent of Ramazan as prices of all food commodities have gone up.

The SPI-based inflation registered an increase of 1.53 per cent during the week ended on April 7, according to the latest data of Pakistan Bureau of Statistics (PBS). The SPI was recorded at 174.45 points during the week ended April 7, 2022 against 171.82 points during the week ended on March 31. Weekly inflation has increased mainly due to the advent of Ramazan. Prices of food commodities including vegetables, fruits, chicken and others have always enhanced in holy month due to increase in demand and profiteering.

The year on year trend, according to the PBS data, recorded increase of 17.87 percent. The prices of following items went up: tomatoes (223.16 per cent), onions (82.21 per cent), LPG (79.21 per cent), garlic (76.45 per cent), cooking oil 5 litre (57.86 per cent), vegetable ghee 2.5kg (57.67 per cent), mustard oil (57.55 per cent),vegetable ghee 1kg (56.88 per cent), washing soap (39.60 per cent), pulse masoor (38.47 per cent), petrol (35.25 per cent), bananas (28.07 per cent) and diesel (27 per cent). Meanwhile major decrease was observed in the prices of chillies powdered (39.50 per cent), pulse moong (28.61 per cent), eggs (22.39 per cent), potatoes (13.38 per cent) and sugar (11.45 percent).

The Sensitive Price Indicator for the lowest consumption group up to Rs17,732 witnessed 1.85 percent increase and went down to 184.35 this week from 181.01 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 1.83 percent, 1.65 percent, 1.6 percent and 1.39 percent respectively.

During the week, out of 51 items, prices of 22 items increased, 8 items decreased and 21 items remained stable, said the PBS in weekly SPI data.

The commodities, which recorded increase in their average prices, included tomatoes (52.75 per cent), onions (27.34 per cent), bananas (12.24 per cent), garlic (2.8 per cent), beef with bone (average quality) (2.74 per cent), mutton (2.7 per cent), cooking oil (2.29 per cent), LPG 11.67kg cylinder (2.14 per cent), salt powdered (2.14 per cent), vegetable ghee (1.35 per cent) and eggs (0.41 per cent).

The commodities which recorded decrease in their prices during the period under review included chilies powder (3.29 per cent), chicken farm (2.92 per cent), potatoes (0.91 per cent), wheat flour bag (0.68 per cent), gur (0.54 per cent), pulse mash washed (0.33 per cent), sugar (0.09 per cent) and pulse moong washed (0.01 per cent).

The commodities whose prices remained unchanged during the period included rice basmati broken, rice IRRI-6/9, bread plain (small size), curd (dahi) loose, cooked beef at average hotel and tea prepared ordinary.