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Inflation increases the cost of onions, tomatoes, and 18 other products

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After a three-week break, the sensitive pricing index (SPI)-based weekly inflation rate climbed due to an increase in the price of basic vegetables.

The Pakistan Bureau of Statistics (PBS) said on Friday that the SPI-based inflation rate increased 0.94 percent during the week ending September 29 compared to the previous week, and 30.62 percent compared to the same period last year.

The average price of 20 essential commodities, including onions, tomatoes, and tea, climbed during the previous week, according to PBS data.

Prices have decreased for ten goods, including wheat flour, the pulse masoor, and bananas. Meanwhile, the prices of twenty-one necessities remained unchanged.

The combined income group index increased from 205.98 to 209.18 points in the week ending September 22.

Compared to the previous week, the SPI for the lowest income category increased by 0.94 percent. The group’s index stood at 205.13 points, up from 203.21 points the previous week.

Weekly price increases for the following necessities:

Food items

  • Onions – 47%
  • Tomatoes — 30.29%
  • Tea lipton — 2.50%
  • Bread — 1.74%
  • Non-food products:
  • Washing soap — 1.13%

Weekly price declines for the following basic items:

  • Flour made from wheat — -2.99%
  • Pulse Masoor — -1.59%
  • Bananas — -1.5%
  • 5 litre tin of cooking oil — -1.12%
  • Sugar — -0.6%
  • Garlic — -2.50 percent
  • Bread — -1.74%

Non-food products

LPG — -4.14%

The SPI is computed on a weekly basis in order to evaluate the price changes of important goods over a shorter period of time and to assess the price situation in the country. It includes 51 essential commodities whose prices were compiled from 50 markets in 17 cities around the nation.