After a slight increase last week, the weekly inflation rate in the country has once again started to decrease, with a recorded decline of 0.52% this week.
On an annual basis, inflation has also reduced, dropping to 12.72%.
PRICES OF 17 ITEMS INCREASED
According to the Federal Bureau of Statistics’ weekly inflation report, the prices of 17 essential items increased, the prices of 15 items decreased, while 19 items remained stable.
The report shows that during the recent week, prices of onions, tomatoes, sugar, potatoes, cooking oil, and other items decreased, whereas lentils (moong, masoor, mash), LPG and cigarettes became more expensive.
The data reveals that, on an annual basis, onions became 74% more expensive, chickpea lentils increased by 57%, dry milk by 256%, beef by 25%, tomatoes by 18%, and moong lentils by 16%. Gas charges also surged by 570%. In contrast, compared to last year, wheat flour became 38% cheaper, red chili and rice decreased by 10%, petrol dropped by 25%, and diesel by 24%.
INFLATION IMPACT
The statistics further show that during the recent week, the inflation rate for those earning up to Rs17,732 monthly decreased by 0.42%, bringing it to 9.14%. For those earning between Rs17,733 and Rs. 22,888 per month, inflation dropped by 0.45%, bringing it to 13.14%.
For those earning between Rs 22,889 and Rs29,517 monthly, the inflation rate fell by 0.44% and reached 16.09%, For those earning between Rs29,518 and Rs44,175, inflation rate decreased by 0.48%, settled at 13.04%.
Similarly, for individuals with a monthly income of more than Rs 44,176, the inflation rate decreased by 0.58%, bringing it to 11.02%.
