The Sensitive Price Indicator for Week Ending on 20th July 2023
The Sensitive Price Indicator (SPI) is a crucial tool monitored by the Pakistan Bureau of Statistics (PBS) to track inflation trends and analyze the economic impact. It provides valuable insights into the price fluctuations of essential commodities in 17 cities across Pakistan. The weekly inflation update in the Price Comparison Report is essential for consumers and policymakers alike to understand the inflation rate and its WoW and YoY analysis.
As of 20th of July 2023, SPI Pakistan reflects a slight decrease in the inflation rate, indicating stability in essential goods’ prices. Inflation data analysis and measurement methods are utilized to gauge the inflation statistics in the country accurately. This sensitive price index serves as a critical inflation monitoring tool, enabling policymakers to make informed decisions to manage the economy effectively and maintain stable essential commodities prices for the public. Weekly price trends help consumers plan their purchases, considering the inflation rates’ impact on their budgets and overall cost of living.
The Pakistan Bureau of Statistics (PBS) has published its weekly report on the Sensitive Price Indicator (SPI) for the week ending on July 20, 2023, revealing a 0.07% decline. This SPI serves as a vital tool for assessing the inflation rates of 51 essential commodities in Pakistan. The weekly evaluations are based on data gathered from 17 cities across the country, and PBS releases the report every Friday. It provides a detailed analysis, comparing prices both Week-on-Week (WoW) and Year-on-Year (YoY), offering valuable insights for consumers and policymakers alike. Stay updated with the latest price trends of essential goods using the SPI report.
As per the report on SPI for the week ending on the 20th of July 2023, the SPI for the week has declined by 0.07% WoW. Also, an increase is recorded in 30 items, a decrease in 09 items, and no change in prices of 12 items.
Increase in Prices
During the week ending on 20th July 2023, an increase in the average prices of 30 items has been recorded. These include Tomatoes, Chilies Powder NATIONAL 200 gm Packet, Sugar Refined, Eggs Hen (Farm), Gur (Average Quality), Shirting (Average Quality), Garlic (Lehsun), Salt powdered(NATIONAL/SHAN), Rice IRRI-6/9 (Sindh/Punjab), Georgette (Average Quality), Tea Prepared, Cooked Daal at Average Hotel, Rice Basmati Broken (Average Quality), Match Box, Energy Saver Philips 14 Watt, Pulse Masoor (Washed), Bread plain (Small Size), Potatoes, Long Cloth 57″ Gul Ahmed/Al Karam, Pulse Moong (Washed), LPG 11.67 kg Cylinder, Lawn Printed Gul Ahmed/Al Karam, Mustard Oil (Average Quality), Curd (Dahi) Loose, Beef with Bone (Average Quality), Pulse Gram, Milk fresh (Un-boiled), Powdered Milk NIDO 390 gm Polybag, Cooked Beef at Average Hotel and Pulse Mash (Washed).
The detail with prices and comparison with the previous week and the corresponding week of last year is given in the table below:-
| Average prices of the following 30 items registered INCREASE during the week | |||||
|---|---|---|---|---|---|
| Sr | Items | Units | Price 20-07-23 | %age Change WoW | %age Change YoY |
| 1 | Tomatoes | 1 Kg | 99.31 | 36.06 | 57.58 |
| 2 | Chilies Powder NATIONAL 200 gm Packet | Each | 258.36 | 20.17 | 20.17 |
| 3 | Sugar Refined | 1 Kg | 145.59 | 4.77 | 66.18 |
| 4 | Eggs Hen (Farm) | 1 Dozen | 260.60 | 4.7 | 32.67 |
| 5 | Gur (Average Quality) | 1 Kg | 203.99 | 3.66 | 54.21 |
| 6 | Shirting (Average Quality) | 1 mtr | 375.46 | 2.64 | 29.27 |
| 7 | Garlic (Lehsun) | 1 Kg | 356 | 2.31 | 11.02 |
| 8 | Salt Powdered (NATIONAL/SHAN) 800 gm Pac | Each | 56.44 | 1.8 | 53.83 |
| 9 | Rice IRRI-6/9 (Sindh/Punjab) | 1 Kg | 155.58 | 1.76 | 74.14 |
| 10 | Georgette (Average Quality) | 1 mtr | 248.3 | 1.64 | 24.01 |
| 11 | Tea Prepared Ordinary | Per Cup | 52.64 | 1.35 | 33.43 |
| 12 | Cooked Daal at Average Hotel | Per Plate | 130.38 | 1.31 | 26.12 |
| 13 | Rice Basmati Broken (Average Quality) | 1 Kg | 213.68 | 1.29 | 79.37 |
| 14 | Match Box | Each | 5.58 | 1.09 | 41.98 |
| 15 | Energy Saver Philips 14 Watt | Each | 321.86 | 0.91 | 35.39 |
| 16 | Pulse Masoor (Washed) | 1 Kg | 275.61 | 0.84 | -8.08 |
| 17 | Bread plain (Small Size) | Each | 107.55 | 0.75 | 46.93 |
| 18 | Potatoes | 1 Kg | 91.8 | 0.71 | 60.32 |
| 19 | Long Cloth 57" Gul Ahmed/Al Karam | 1 mtr | 528.99 | 0.64 | 23.98 |
| 20 | Pulse Moong (Washed) | 1 Kg | 263.79 | 0.62 | 38.49 |
| 21 | LPG 11.67 kg Cylinder | Each | 2497.51 | 0.55 | -1.06 |
| 22 | Lawn Printed Gul Ahmed/Al Karam | 1 mtr | 530.30 | 0.48 | 18.66 |
| 23 | Mustard Oil (Average Quality) | 1 Kg | 542.55 | 0.36 | 2.02 |
| 24 | Curd (Dahi) Loose | 1 Kg | 207.56 | 0.27 | 33.07 |
| 25 | Beef with Bone (Average Quality) | 1 Kg | 789.21 | 0.25 | 17.41 |
| 26 | Pulse Gram | 1 Kg | 240.13 | 0.2 | 8.69 |
| 27 | Milk fresh (Un-boiled) | 1 Ltr | 179.26 | 0.2 | 31.42 |
| 28 | Powdered Milk NIDO 390 gm Polybag | Each | 739.66 | 0.18 | 37.88 |
| 29 | Cooked Beef at Average Hotel | Per Plate | 257.65 | 0.17 | 26.44 |
| 30 | Pulse Mash (Washed) | 1 Kg | 468.29 | 0.04 | 43.86 |
Decrease in Prices
During the week, a decrease in items has been recorded that include, Onions, Chicken Farm Broiler (Live), Bananas (Kela) Local, Petrol Super, Hi-Speed Diesel, Wheat Flour Bag, Vegetable Ghee DALDA/HABIB or Other superior brands, Vegetable Ghee DALDA/HABIB 2.5 kg Tin and Cooking Oil DALDA or Other Similar Brands.
The detail with prices and comparison with the previous week and corresponding week of last year is given in the table below:-
| Average prices of the following 9 items registered DECREASE during the week | |||||
|---|---|---|---|---|---|
| Sr | Items | Units | Price 20-07-23 | %age Change WoW | %age Change YoY |
| 1 | Onions | 1 Kg | 54.75 | -10.29 | -35.27 |
| 2 | Chicken Farm Broiler (Live) | 1 Kg | 408.2 | -8.57 | 37.45 |
| 3 | Bananas (Kela) Local | 1 Dozen | 138.85 | -8.34 | 27.67 |
| 4 | Petrol Super | Per Litre | 253.96 | -3.4 | 9.87 |
| 5 | Hi-Speed Diesel | Per Litre | 254.5 | -2.64 | 7.4 |
| 6 | Wheat Flour Bag | 20 Kg | 2834.58 | -0.98 | 126.82 |
| 7 | Vegetable Ghee DALDA/HABIB or Other superi | Each | 566.29 | -0.49 | -0.51 |
| 8 | Vegetable Ghee DALDA/HABIB 2.5 kg Tin | Each | 1464.47 | -0.39 | 4.51 |
| 9 | Cooking Oil DALDA or Other Similar Brand (SN | Each | 3122.44 | -0.3 | 8.74 |
Unchanged Prices
No change was recorded in the prices of 12 items that include Mutton (Average Quality), Tea Lipton Yellow Label 190 gm Packet, Cigarettes Capstan 20’S Packet, Gents Sandal Bata, Gents Sponge Chappal Bata, Ladies Sandal Bata, Electricity Charges, Gas Charges up to 3.3719 MMBTU, Firewood Whole, Sufi Washing Soap 250 gm Cake, Telephone Call Charges and Toilet Soap LIFEBUOY 115 gm.
The detail with prices and comparison with the corresponding week of last year is given in the table below:-
| Average prices of the following 12 items remained UNCHANGED | |||||
|---|---|---|---|---|---|
| Sr | Items | Units | Price 20-07-23 | %age Change WoW | %age Change YoY |
| 1 | Mutton (Average Quality) | 1 Kg | 1650.49 | 0 | 18.84 |
| 2 | Tea Lipton Yellow Label 190 gm Packet | Each | 558.82 | 0 | 98.99 |
| 3 | Cigarettes Capstan 20'S Packet | Each | 221.35 | 0 | 110.75 |
| 4 | Gents Sandal Bata | Pair | 1999 | 0 | 33.36 |
| 5 | Gents Sponge Chappal Bata | Pair | 599 | 0 | 58.05 |
| 6 | Ladies Sandal Bata | Pair | 799 | 0 | 14.31 |
| 7 | Electricity Charges for Q1 | Per Unit | 6.15 | 0 | -14.58 |
| 8 | Gas Charges upto 3.3719 MMBTU | MMBTU | 295 | 0 | 108.38 |
| 9 | Firewood Whole | 40 Kg | 1074.82 | 0 | 27.87 |
| 10 | Sufi Washing Soap 250 gm Cake | Each | 127.57 | 0 | 35.27 |
| 11 | Telephone Call Charges | Per Minu | t 1.79 | 0 | 0 |
| 12 | Toilet Soap LIFEBUOY 115 gm | Each | 107.35 | 0 | 54.88 |
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