Karachi, March 1, 2025 – Inflation in Pakistan continues to rise as the country prepares for Ramadan, with the Sensitive Price Indicator (SPI) reflecting a further increase in the cost of essential commodities.
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Weekly Inflation Surges Ahead of Ramadan, Sugar Hits Rs 155/kg
Islamabad, February 21, 2025 – Inflation continues to rise sharply ahead of the holy month of Ramadan, with sugar prices reaching Rs 155.27 per kilogram. The latest figures from the Pakistan Bureau of Statistics (PBS) show that the Sensitive Price Indicator (SPI) recorded a 0.27% increase for the week ending February 20, 2025, compared to the previous week.
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Pakistan’s Weekly SPI Inflation Declines by 0.21%
Islamabad, February 7, 2025 – The Sensitive Price Indicator (SPI) inflation witnessed a moderate decline of 0.21% for the week ending February 6, 2025, offering slight relief to consumers amid broader economic challenges.
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SPI Inflation Declines by 0.39% on Weekly Basis
Karachi, January 17, 2025 – The Sensitive Price Indicator (SPI) for the week ending January 16, 2025, recorded a decline of 0.39% compared to the previous week, according to data released by the Pakistan Bureau of Statistics (PBS).
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SPI Weekly Inflation Decreases by 0.65%
Islamabad, January 10, 2025 – According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) recorded a decrease of 0.65% for the week ending January 9, 2025.
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Pakistan’s Headline Inflation Drops to 4.9% in November 2024
Karachi, December 2, 2024 – Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), eased significantly to 4.9% year-on-year in November 2024, reflecting improved economic stability.
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November Inflation Projected at 4.7%, Lowest Since April 2018
Inflation in Pakistan for November 2024 is projected to fall to 4.7% year-on-year (YoY), a significant drop from October’s 7.2%, according to analysts at Arif Habib Limited. This represents the lowest inflation rate since April 2018, when it stood at 3.96%.
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Petrol Prices in Pakistan Plunge by 23.51% Over Past Year
Islamabad, October 4, 2024 – Pakistan has witnessed a sharp decline in petrol prices, with the cost per liter plunging by a staggering 23.51% over the past year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. This marked reduction comes as a welcome respite for consumers amid fluctuating global oil markets and domestic economic pressures.
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Weekly Inflation Falls by 1.06% Following Petroleum Price Cut
Islamabad, May 17, 2024 – Weekly inflation, as measured by the Sensitive Price Indicator (SPI), has witnessed a notable decline of 1.06% following a significant cut in petroleum prices, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
The SPI for the week ending May 16, 2024, decreased by 1.06%, reflecting a downward trend in prices across various essential commodities. Major decreases were observed in the prices of tomatoes (31.18%), onions (21.84%), garlic (7.76%), petrol (5.32%), wheat flour, and LPG (liquefied petroleum gas) (3.66% each), diesel (2.79%), rice basmati broken (1.52%), chilies powder (1.31%), pulse masoor (1.08%), and bananas (0.87%).
Conversely, some items witnessed price increases during the week, including cooked daal (1.96%), shirting fabric (1.74%), potatoes (1.46%), beef (1.11%), mutton (1.04%), pulse gram (1.00%), energy saver bulbs, long cloth, and eggs (0.73% each), cooked beef (0.50%), and chicken (0.30%).
Out of 51 items monitored, prices of 20 items increased (39.22%), 16 items decreased (31.37%), and 15 items remained stable (29.41%) during the week.
On a year-on-year basis, the data reveals a mixed trend, with some items witnessing significant increases while others experienced decreases. Notable year-on-year increases include gas charges for Q1 (570.00%), onions (87.82%), chilies powder (69.71%), garlic (61.86%), and tomatoes (35.65%). Conversely, significant decreases were observed in the prices of bananas (39.37%), wheat flour (29.85%), chicken (25.62%), cooking oil (5-liter) (19.65%), vegetable ghee (1 kg and 2.5 kg) (16.42% and 16.07% respectively), mustard oil (12.84%), LPG (11.11%), and eggs (9.32%).
The data reflects the impact of fluctuating commodity prices on consumer inflation, highlighting the importance of monitoring and managing price movements to ensure affordability and stability in the cost of living for citizens.
The decline in weekly inflation following the reduction in petroleum prices signals a positive development, providing relief to consumers and easing inflationary pressures in the economy. However, continued vigilance and effective policy measures are necessary to sustain this downward trajectory and promote economic stability.
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Prices of Vehicles Decline by 3% in Saudi Arabia
The General Authority for Statistics of Saudi Arabia has revealed a notable decline in the prices of vehicles, marking a 3% decrease in April 2024 compared to the previous year.
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