The Sensitive Price Index (SPI) for the week ending November 21, 2024, recorded a 0.67 percent increase, according to the Pakistan Bureau of Statistics (PBS). This rise in inflation reflects changes in the prices of essential commodities.
Out of 51 items monitored, prices for 17 items (33.33 percent) increased, 11 items (21.57 percent) decreased, and 23 items (45.10 percent) remained stable. Notable price increases were observed in tomatoes (20.72 percent), potatoes (3.81 percent), garlic (3.42 percent), eggs (3.16 percent), vegetable ghee (2.30 percent), mustard oil (1.28 percent), onions (0.98 percent), and beef with bone (0.92 percent).
Conversely, some items saw price decreases, including chicken (2.97 percent), pulse gram (1.70 percent), LPG (0.80 percent), pulse masoor (0.62 percent), rice basmati broken (0.40 percent), sugar (0.27 percent), and wheat flour bag (0.25 percent).
On a year-on-year basis, the SPI shows a 4.92 percent increase, primarily driven by significant price hikes in pulse gram (70.95 percent), pulse moong (38.53 percent), powdered milk (25.74 percent), beef (23.79 percent), onions (21.05 percent), tomatoes (19.69 percent), garlic (16.08 percent), gas charges for Q1 (15.52 percent), shirting (15.27 percent), mutton (14.80 percent), and georgette (13.07 percent).
