A sensitive Price Indicator is a tool to measure and record the prices of essential commodities and determine the inflation rate. The prices of 51 essential commodities taken from various markets from the 17 urban cities of Pakistan are taken into analysis.
For the week ending on 02 June 2023, the sensitive price indicator has increased by 0.03% over the previous week. The prices of 19 (37.25%) items have increased and that of 14 (27.45%) have decreased. The prices of 18 (35.30 %) remained unchanged in comparison to those in the previous week.
Due to continuous political unrest in the country for the past year, the economic condition of the country has declined. The Foreign Exchange reserves are continuously declining hampering the imports of important items including basic raw materials. Due to hyperinflation in the country, the buying power of the masses has been badly affected. The major proportion of the population is hardly meeting basic necessities hence purchasing items other than basic needs has gone out of reach for many. This has also affected the business community as sales have gone down and businesses cannot meet their fixed costs. Unemployment is also on the rise making survival even harder.
Increase in Prices
The prices of the following 19 items increased during the week. The change in prices in terms of percentage with reference to that in the last week (WoW) and with that in the corresponding week of last year (YoY) is tabulated below: –
| Sr No | Item | Unit | Price 1/6/23 | % inc WoW | % inc YoY |
| 1 | Beef Cooked (Avg) | Per Plate | 256.27 | 0.6 | 38.2 |
| 2 | Beef with Bone | 1 Kg | 768.62 | 1 | 18.92 |
| 3 | Bread (Small) | Each | 106.73 | 0.51 | 59.66 |
| 4 | Chicken | 1 Kg | 430.36 | 2.87 | 38.4 |
| 5 | Curd | 1 Kg | 198.98 | 0.33 | 39.71 |
| 6 | Energy Saver Philips 14 watt | Each | 312.54 | 2.26 | 36.16 |
| 7 | Gur | 1 Kg | 177.25 | 0.41 | 36.39 |
| 8 | Milk Fresh | 1 Ltr | 173.28 | 0.52 | 38.35 |
| 9 | Milk Nido | 390 gm bag | 735.96 | 0.17 | 38.7 |
| 10 | Mutton | 1 Kg | 1622.72 | 0.54 | 20.24 |
| 11 | Onions | 1 Kg | 55.31 | 7.31 | -29 |
| 12 | Potatoes | 1 Kg | 82.59 | 2.89 | 86.86 |
| 13 | Pulse Mash | 1 Kg | 449.17 | 0.24 | 53.7 |
| 14 | Pulse Masoor | ! Kg | 282.79 | 0.19 | 5.95 |
| 15 | Rice IRRI | 1 Kg | 147.91 | 1 | 80.97 |
| 16 | Salt (National/Shan) | 800 gm | 53.26 | 1.08 | 51.18 |
| 17 | Sugar | 1 Kg | 119.46 | 0.13 | 36.42 |
| 18 | Tea Prepared | Per cup | 50.78 | 1.56 | 44.92 |
| 19 | Tomatoes | 1 Kg | 42.98 | 1.11 | -42.14 |
Decrease in Prices
The prices of 14 items have decreased with reference to the last week which are given in terms of percentage in the following table.
| Sr No | Item | Unit | Price 1/6/23 | % WoW | % YoY |
| 1 | Bananas | Dozen | 225.01 | -4.46 | 88.96 |
| 2 | Cooking oil Dalda/Other | 5 Ltr | 3230.76 | -1.35 | 27.36 |
| 3 | Eggs | Dozen | 270.92 | -2.57 | 55.29 |
| 4 | Garlic | 1 Kg | 330.34 | -0.37 | 11.58 |
| 5 | Hi-Speed Diesel | Per Litre | 253.89 | -1.94 | 45.18 |
| 6 | LPG 11.67 Kg | Cylinder | 2991.93 | -4.46 | 22.03 |
| 7 | Mustard Oil | 1 Kg | 555.75 | -1.57 | 10.21 |
| 8 | Petrol Super | Per Litre | 262.89 | -2.96 | 45.55 |
| 9 | Pulse Gram | 1 Kg | 247.13 | -0.59 | 34.12 |
| 10 | Pulse Moong Washed | 1 Kg | 277.42 | -1.27 | 60.4 |
| 11 | Rice Basmati Broken | 1 Kg | 205.1 | -0.17 | 80.15 |
| 12 | Veg Ghee Dalda/Habib | 2.5 Kg Tin | 1522.27 | -1.06 | 21.3 |
| 13 | Veg Ghee Dalda/Habib | 1 Kg | 589.02 | -1.87 | 15.65 |
| 14 | Wheat Flour | 20 Kg | 2521.47 | -4.06 | 105.56 |
Unchanged Prices
The prices of 18 items remained unchanged during the week with reference to the previous week. Their comparison in terms of percentage with reference to prices in the corresponding week of last year is given in the table below:
| Sr No | Item | Unit | Price 1/6/23 | % WoW | % YoY |
| 1 | Chillie Powder National | 200 gm | 215 | 0 | 0 |
| 2 | Cigarettes Capstan | 1 pack of 20 | 221.35 | 0 | 138.5 |
| 3 | Daal cooked (Avg) | Per Plate | 127.9 | 0 | 41.29 |
| 4 | Electricity Charges | Per Unit | 6.15 | 0 | 16.48 |
| 5 | Firewood | 40 Kg | 1074.82 | 0 | 29.31 |
| 6 | Gas Charges upto 3.3719 MMBTU | MMBTU | 295 | 0 | 108.38 |
| 7 | Gents Sandal Bata | Pair | 1999 | 0 | 53.89 |
| 8 | Gents Sponge Chappal Bata | Pair | 599 | 0 | 100.33 |
| 9 | Georgette Avg | 1 Meter | 240.4 | 0 | 25.22 |
| 10 | Ladies Sandal Bata | Pair | 799 | 0 | 14.31 |
| 11 | Lawn printed Gul Ahmed/Al-Karam | 1 Meter | 527.8 | 0 | 19.86 |
| 12 | Long Cloth 57″ Gul Ahmed/Al-Karam | 1 Meter | 522.95 | 0 | 24.49 |
| 13 | Match Box | Each | 5.35 | 0 | 38.24 |
| 14 | Shirting Avg | 1 Meter | 354.24 | 0 | 25.86 |
| 15 | Soap Life Buoy 115 gm | Each | 101.21 | 0 | 70.56 |
| 16 | Tea Yellow Label | 190 gm pack | 558.82 | 0 | 114.93 |
| 17 | Telephone Call Charges | Per Minute | 1.79 | 0 | 0 |
| 18 | Washing Soap Sufi 250 gm | Each | 125 | 0 | 48.61 |
Sensitive Price Indicator for the week ended on 5th May 2023
Sensitive Price Indicator for the week ended on 8th June 2023
Disclaimer
The information shared in this post is for educational purposes and may not be used as a reference for any legal document. The data has been collected from the direct source by the team of fiscal updates.