Business

Pakistan records meagre decrease in weekly inflation

Pakistan recorded a 0.04 percent decrease on a weekly basis, while inflation was recorded at 11.38 on a yearly basis. it was reported on Friday.

According to statistics released by the Pakistan Bureau of Statistics, prices of 23 items increased in the last week, and prices of 7 items decreased in a week.

The report revealed that chicken prices rose by 3.31% and egg prices by 0.99% in one week.

Over the past week, the price of mash lentils (split black gram) increased by 0.98%.

An increase was recorded in the prices of masoor lentils (red lentils) by 0.95%, firewood by 0.69%, and tea by 0.28%.

The price of chana lentils (split chickpeas) rose by 4.97%, and flour prices increased by 3.36%.

In one week, the prices of tomatoes, onions, and bananas decreased by 23.05%, 4.90%, and 2.59%, respectively. The price of broken Basmati rice fell by 0.65%, sugar by 0.62%, and gur (jaggery) by 0.36%.

On an annual basis, the price of onions increased by 75.19%, and gas prices rose by 68.95%.

Compared to the previous year, base electricity tariffs have increased by 58.59%.

On an annual basis, diesel became 43.98% more expensive and flour 35.13% costlier. Compared to the previous year, chicken prices rose by 20.7%, chili powder by 15.55%, and mutton by 14.90%.

A 12.27% increase in the price of beef was recorded on an annual basis. On an annual basis, the price of plain bread (loaf) increased by 9.02%, and prepared tea by 8.36%.

Compared to the previous year, tomatoes became 63.65% cheaper, potatoes 39.93% cheaper, and sugar 23.20% cheaper.

On an annual basis, eggs became 19.83% cheaper, powdered salt 14.86% cheaper, and red lentils (masoor dal) 8.97% cheaper.

Compared to the previous year, gur (jaggery) became 8.92% cheaper and moong dal (mung lentils) 7.83% cheaper.

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