The Sensitive Price Indicator (SPI) is utilized as a tool to gauge the immediate inflation levels of 51 basic essential commodities. Weekly assessments are conducted using data collected from 17 cities in Pakistan, and the Pakistan Bureau of Statistics (PBS) releases a report every Friday. This report encompasses a comparison of prices from the previous week (Week-on-Week or WoW) and the corresponding week of the previous year (Year-on-Year or YoY).
As per the report on SPI for the week ended on the 6th of July 2023, an increase is recorded in 21 items, a decrease in 11 items, and no change in prices of 19 items.
Increase in Prices
During the week, an increase is recorded in the prices of refined sugar, wheat flour, gur, salt, eggs, energy savor (Phillips 14 watt), toilet soap (Lifebuoy), rice basmati broken, rice IRRI 6/9, milk fresh, matchbox, tea prepared, garlic, Sufi washing soap, daal Mash, potato, dahi, beef with bone, cooked beef, powder milk (Nido) and mustard oil.
The detail with prices and comparison with the previous week and the corresponding week of last year is given in the table below:-
Decrease in Prices
During the week, a decrease in 11 items has been recorded that include, bananas, tomatoes, onions, LPG 11.67 kg cylinder, vegetable ghee (Dalda/Habib 2.5 kg tin), daal Moong, cooking oil (Dalda/Habib 5 Ltr), pulse gram, vegetable ghee (Dalda/Habib 1 kg pack), daal Masoor and chicken broiler.
No Change in Prices
No change was recorded in the prices of 19 items including plain bread, mutton, chilly powder, tea (Lipton Yellow Label), cooked daal (avg hotel), cigarette (Capstan), Long Cloth 57″ Gul Ahmed/Al Karam, Shirting (Average Quality), Lawn Printed Gul Ahmed/Al Karam, Georgette (Average Quality), Gents Sandal Bata, Gents Sponge Chappal Bata, Ladies Sandal Bata, Electricity Charges, Gas Charges up to 3.3719 MMBTU, Firewood Whole, Petrol Super, Hi-Speed Diesel, and Telephone Call Charges.
Related Posts
Price Comparison Essential Commodities, SPI for Week Ended on 6th July 2023
Price Comparison Essential Commodities, SPI for Week Ended on 22nd June 2023
Disclaimer
This post is intended for educational and informational purposes. The team at Fiscal Updates has gathered the data from reliable sources, however, the information provided in this report should not be considered as a reference for any legal document.