Despite the reduction in inflation in the country, the prices of 17 items increased
In the recent week, seventeen items including tomato, rice, ghee, meat, garlic and pulses became expensive, 10 items saw a decrease in prices. Bureau of Statistics Weekly Report
The tax increase in the federal budget due to the rise in electricity prices on the terms of the IMF, where inflation has had a severe impact on the people, due to the government’s people-friendly strategy, the inflation rate has decreased to 15.34%, which Due to this, the prices of 17 items have increased every week. According to the details, the Federal Bureau of Statistics has released the weekly inflation data, under which the inflation rate has decreased by 0.62 percent every week.
In one week, the overall rate of inflation decreased from 16.69 percent to 15.34 percent. This week, the prices of 10 items decreased while the prices of 24 items remained stable. In the recent week, the price of tomato has gone up by more than Rs 9 per kg, gram dal by Rs 8, garlic by Rs 10, onion by Rs 9 per kg, and domestic LPG by more than Rs 15 per cylinder.
Similarly, potatoes, broken basmati rice, ghee, salt, mutton, and beef also became expensive. In recent weeks, live chicken has become cheaper by Rs 12 per kg, eggs by Rs 3 per dozen, flour by Rs 16 per kg in a 20 kg bag, and dal mash by more than Rs 3. Similarly, in terms of the decimal of sensitive prices, the inflation rate increased by 0.16% to 9.78% for the group having income up to 17 thousand 732 rupees per month on an annual basis, for the group having income from 17 thousand 733 rupees to 22 thousand 888 rupees Inflation rate increased by 0.11% to 14.04%.
Additionally, Pakistan’s interbank market has recorded an increase in the value of the Pakistani rupee against the US dollar. According to the State Bank of Pakistan, on Friday, the price of the Pakistani rupee increased by 11 paise against the US dollar in the interbank market, after which its new value became 278 rupees 53 paise. In the interbank market, the value of the Saudi riyal was 74 rupees 22 paise while the value of the UAE dirham was 75 rupees 83 paise. Similarly, the Japanese yen closed unchanged at 367.34 after a decrease of 1 rupee 92 paise, British pound 73 paise.
