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Weekly Inflation in Pakistan Falls for Fourth Straight Week

5 min read
Legal Expert
Weekly Inflation in Pakistan Falls for Fourth Straight Week
The Sensitive Price Index (SPI)-based inflation for the week ended September 5, 2024, decreased by 0.15 percent, the fourth decline in the last four weeks. During the week, out of 51 items, prices of 19 (37.25 percent) items increased, 13 (25.50 percent) items decreased and 19 (37.25 percent) items remained stable, according to data issued by the Pakistan Bureau of Statistics (PBS) on Friday. Some of the items, prices of which, increased during the period under review include onions (3.83 percent), pulse gram (1.65 percent), garlic (1.38 percent), LPG (0.9 percent), cooked daal (0.70 percent), cooked beef (0.70 percent), eggs (0.54 percent), potatoes (0.50 percent), rice basmati broken (0.34 percent), bananas (0.22 percent), pulse moong (0.17 percent), and milk fresh (0.17 percent). Items prices of which decreased during the period under review include tomatoes (14.54 percent), chicken (1.55 percent), wheat flour bag 20 kg (1.31 percent), chilies powder national 200 gm packet each (1.30 percent), hi-speed diesel (1.23 percent), petrol super (0.68 percent), pulse masoor (0.59 percent), sugar (0.54 percent), pulse mash (0.49 percent), cooking oil dalda or other similar brand (sn), 5 litre tin each (0.41 percent), rice irri-6/9 (0.29 percent), mustard oil (0.08 percent) and bread plain (0.03 percent). On a year-on-year basis, weekly inflation increased by 14.07 percent, the lowest level in three years.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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