ISLAMABAD: Short-term inflation rose to 12.80% year-on-year during the week ending September 26, according to the Pakistan Bureau of Statistics. This increase in inflation, as measured by the Sensitive Price Index (SPI), marks a slight uptick of 0.05% compared to the previous week.
The rise in weekly inflation was largely attributed to higher prices for perishable goods such as tomatoes, onions, and pulses, despite a decrease in diesel and petrol prices. While petroleum product prices have seen a marginal decline over the past month, the impact has been overshadowed by the surge in vegetable prices.
Significant year-on-year price increases were noted for several commodities, including gas charges (up 570%), gram dal (60.21%), onions (51.72%), tomatoes (34.34%), beef (25.61%), dry milk (25.41%), shirting (20.17%), chicken meat (17.07%), cooked beans (15.97%), salt (15.38%), and energy savers (12.87%).
Conversely, some prices experienced notable declines, such as wheat flour (down 38.12%), petrol (24.73%), diesel (24.06%), ground pepper (20%), electricity charges (13.47%), sugar (11.18%), and various edible oils and rice products.