According to the Pakistan Bureau of Statistics (PBS), Weekly inflation for the combined group during the period ended on October 22 recorded a decline of 0.23% due to a decrease in prices of essential food items,
The Sensitive Price Index (SPI) is calculated on the basis of the prices of 51 essential items collected from 50 markets in 17 cities of the country.
As per a report compiled by the PBS said that, During the week, rates of 14 essential items hiked and those of 11 commodities goes down while prices of 26 food items remained unchanged.
The report said the decline was witnessed mainly due to a decreasae in prices of food items, including onions, down 4.75%; chicken 1.49%; wheat flour 1.31%; gur 1.26%; moong pulse 1.03%; mash pulse 0.02%; with a cumulative impact of minus 0.28% in the overall Sensitive Price Index (SPI).
On the other hand, an increase of 1% or more was observed in prices of tomatoes up 1.57%, tea prepared 1.43%, and potatoes 1.00%.
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