Abb Takk News

Weekly Inflation up 0.45 pc As Food Prices Continue to Rise

ISLAMABAD: Weekly inflation for the combined group during the period ended on October 15 increased by 0.45 per cent to 9.20 per cent year-on-year basis due to rising prices of essential food items, according to the Pakistan Bureau of Statistics (PBS).

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.

According to data, the increase was reported due to a rise of one per cent or more in prices of essential commodities, including chicken, up 15.35 pc; eggs 5.84 pc;  tomatoes 3.45 pc and sugar 2.14 pc.