Inflation rises in the after math of floods

ISLAMABAD, Aug 25: The SPI inflation soared by 16.21 per cent on week ended August, 19 over the previous week after considerable in crease in the prices of pulses and other daily use commodities, according to Federal Bureau of Statistics (FBS).

Official figures of Sensitive Price Indicators (SPI) released by the FBS showed an increase of Rs7 per kg in the price of moog pulse washed and an increase of Rs 3 in the price of gram pulse washed during the week. The price of mash pulse washed went up by Rs2 per kg and masoor pulse washed by Rs1.25 per kg. These are official prices which might be relatively lower than the market prices.

The list of essential commodities whose prices increased during the week was quite large with 26 items on it out of the total 53 essential commodities taken from what many believe ‘ambiguous’ 17 urban centers being used by the government to compute and understate the weekly inflation SPI. The tomatoes, chicken form and wheat flour average quality were the only essential commodities whose prices declined during the period under review. Analysts say the federal and provincial governments are lacking ‘will’ to invoke mechanism for regulation of prices.

Analysis of the data showed that 26 essential commodities whose privces increased were LPG (11 kg cylender.) to Rs1137.41 from Rs1075.47 during the week, sugar per kg to Rs74.11 from Rs71.60, vegetable ghee loose kg to Rs130.18 from Rs126.31 beef kg to Rs201.02 from Rs 196.44, mutton kg to Rs 378.37 from Rs 370.36, wheat average quality per kg. to Rs 24.28 from Rs23.80, gur kg to Rs82.46 from Rs80.89, egg hen (farm) doz. to Rs 72.63 from Rs71.26, onion per kg to Rs30.83 from Rs30.34, bananas doz. to Rs53.17 from Rs52.42, rice irri-6 kg. to Rs35.94 from Rs35.49, rice basmati broken kg. to Rs45.38 from Rs44.86, mash pulse washed kg to Rs170.46 from Rs168.60, mustard oil kg. to Rs 40.90 from Rs139.47, cooked dal plate each to Rs 31.20 from Rs30.90, potatoes kg to Rs36.32 from Rs36.05, cooked beef plate each to Rs49.82 from Rs49.53, washing soap nylon cake to Rs13.64 from Rs13.56, firewood 40 kg to Rs 316.27 from Rs314.66, veg. ghee (tin) 2.5 kg. to Rs373.88 from Rs373.29, cooking oil (tin) 2.5 ltr. to Rs 373.88 from Rs373.29, milk fresh ltr to Rs46.44 from Rs46.41, garlic kg to Rs212.71 from Rs212.60

Ends