Weekly SPI inflation up 1.82pc

Pakistan Inflation Hits 13.98% as SPI Shows Sharp Short-Term Rise

Short-term inflation in Pakistan has risen sharply, with the Sensitive Price Index (SPI) recording a 13.98% year-on-year increase for the week ending April 23, according to the Pakistan Bureau of Statistics Pakistan Bureau of Statistics. The latest data shows that rising prices of energy products and essential food items were the main drivers behind the inflation surge, placing additional pressure […] The post Pakistan Inflation Hits 13.98% as S…

Weekly SPI inflation up 1.82pc

ISLAMABAD: The Sensitive Price Index-based inflation continues to witness an upward trend, reaching 13.98 percent during the week ending on April 23, up from 12.16 percent calculated a week earlier, according to weekly data released on Friday by the Pakistan Bureau of Statistics (PBS). According to the PBS, the annual SPI has witnessed the hike following an increase in the prices of electricity charges for Q1 by 54.02 percent, Liquefied Petroleu…