Pakistan’s weekly inflation rises by 5.08%

ISLAMABAD: According to the latest data from the Pakistan Bureau of Statistics (PBS), the country’s weekly inflation has risen by 5.08 percent, as reported by ARY News.

PBS’s report reveals that 17 items experienced price hikes, while 10 items saw a decrease in prices.

The data shows that, over the past month, chicken prices surged by 22.47 percent, and tomatoes became 20.75 percent more expensive.

During the same period, sugar prices increased by 2.19 percent, and the cost of one kilogram of edible oil rose by 1.17 percent.

The PBS report also noted a 0.91 percent rise in the price of 2.50 kilograms of certain goods, while the price of one liter of edible oil increased by 0.74 percent.

On the other hand, the prices of onions and potatoes dropped by 8.13 percent and 2.38 percent, respectively.

Additionally, lentil mash became 1.28 percent cheaper, chickpeas dropped by 0.78 percent, and bananas saw a decline of 0.68 percent.

The Pakistan Bureau of Statistics highlighted these trends in its latest report.

Previously, PBS reported a 0.38 percent rise in weekly inflation, which brought the annual inflation rate to 4.64 percent.

The report indicated that prices of 15 essential items increased over the week, with tomatoes seeing the highest rise at 56.66 percent, followed by garlic at 1.40 percent. The cost of a 2.5 kg tin of ghee increased by 0.95 percent, 5 liters of cooking oil by 0.79 percent, and sugar by 0.23 percent.

Meanwhile, 13 items became cheaper, including onions, which saw a 4.16 percent drop, and potatoes, which declined by 3.83 percent. Eggs were 2.72 percent cheaper, chickpea lentils dropped by 0.98 percent, wheat flour by 0.76 percent, and bananas by 0.56 percent.

Prices of 23 items remained unchanged during the week.

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