• Download the Constitution of Pakistan
  • Advertise
Friday, July 25, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Weekly inflation surges to 14-week high amid hike in petrol price

by News Publishing
February 4, 2023
in Business, Finance
Reading Time: 3 mins read
0
Weekly inflation surges to 14-week high amid hike in petrol price
Share on FacebookShare on TwitterLinkedinWhatsapp

According to data issued by the Pakistan Bureau of Statistics, the weekly inflation, as assessed by the Sensitive Price Indicator (SPI), increased by 2.82 for the week that concluded on February 2. This increase was primarily driven by an increase in fuel prices.

The weekly inflation rate increased from 0.45 percent to 2.8 percent in the previous week. Compared to 221.54 points the previous week and 169.37 points the week ended February 3, 2022, the SPI was measured at 227.79 points.

One item’s price decreased, one item’s price climbed, and 18 items’ prices remained constant out of the 51 items tracked.

The items which recorded a decrease in their average prices on a week-on-week (wow) basis included potatoes the price of which declined by 0.37%, according to the data. The commodities which recorded an increase in their average prices included:

  • Garlic (17.07%)
  • Pulse gram (7.10%)
  • Bananas (4.75%)
  • Chicken (4.37%)
  • Pulse mash (3.93%)
  • Pulse masoor (3.91%)
  • Mustard oil (3.47%)
  • Eggs (3.42%)
  • Pulse moong (2.33%)
  • Sugar (2.32%)
  • Vegetable ghee 1 kg (2.13%)
  • Rice basmati broken (2.12%)
  • Non-food items, lpg (17.61%)
  • Petrol (16.22%)
  • Diesel (15.30%)

The items whose prices increased the most compared to the previous year were:

  • Onions (up 556.36pc)
  • Chicken (90.9pc)
  • Eggs (81.7pc)
  • Diesel (81.4pc)
  • Petrol (68.8pc)
  • Tea (63.9pc)
  • Broken basmati rice (63.4pc)
  • Rice Irri-6/9 (62.4pc)
  • Pulse moong (61.1pc)
  • Bananas (57.4pc)
  • Gram pulse (53.2pc)
  • Bread (48.8pc)
  • Wheat flour (48.4pc)
  • Powdered salt (48.1pc)
  • Maash pulse (46.2pc)
  • LPG (43.8pc)
  • Mustard oil (42.1pc)
  • Washing soap (42pc)
Tags: fuel priceslatestSensitive Price IndicatorWeekly inflation
News Publishing

News Publishing

Related Posts

Pakistan, Russia sign Protocol to restore & modernize PSM

Pakistan, Russia sign Protocol to restore & modernize PSM

by News Publishing
July 11, 2025
0

Pakistan and Russia have signed a Protocol to restore and modernize Pakistan Steel Mills (PSM) in Karachi, reaffirming their long-standing...

PSX soars to new high of over 133,000 points in intraday trade

PSX soars to new high of over 133,000 points in intraday trade

by News Publishing
July 7, 2025
0

July 8, 2025: The Pakistan Stock Exchange (PSX) continued its remarkable upward trend on Monday, as the KSE-100 index surged...

Pakistan, Azerbaijan sign $2billion investment agreement

Pakistan, Azerbaijan sign $2billion investment agreement

by News Publishing
July 5, 2025
0

Pakistan and Azerbaijan have signed an agreement for investment worth two billion dollars in diverse sectors of Pakistan's economy. The...

Petrol price increased by Rs8.36 per litre for next fortnight

Petrol price increased by Rs8.36 per litre for next fortnight

by News Publishing
July 1, 2025
0

The Finance Division has announced a significant increase in fuel prices, citing volatility in global crude oil markets. Effective from...

Petrol increase

Petrol Prices Likely to Rise by Rs5/Litre from July 1

by Anum Arif
June 30, 2025
0

ISLAMABAD: Prices of petroleum products in Pakistan are likely to rise by up to Rs5 per litre starting Monday, July...

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

by News Publishing
June 24, 2025
0

The Government of Pakistan is working on securing two foreign loans totaling $3.3 billion from Chinese financial institutions, aimed at...

Next Post
IG Punjab announces Rs 25 lac for on-duty injured cops

IG Punjab announces Rs 25 lac for on-duty injured cops

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters