Electricity and Gas
ISLAMABAD: The Pakistan Bureau of Statistics (PBS) released its weekly inflation report, indicating a 0.11% increase in the Sensitive Price Indicator (SPI) for the week ending on October 5. According to the PBS data, the electricity and gas prices lifted inflation to 37.07 percent.
The year on year trend depicts increase of 37.07% _ Electricity Charges for Q1 (118.16%), Gas Charges for Q1 (108.38%), Cigarettes (94.69%), Rice Basmati Broken (87.60%), Chilies Powder (84.84%), Sugar (79.55%), Rice Irri-6/9 (78.69%), Wheat Flour (77.91%), Gur (67.68%), Tea Lipton (60.72%), Gents Sponge Chappal (58.05%), Salt Powdered (56.48%), Garlic (54.78%), Gents Sandal (53.37%), Petrol (43.70%) and Potatoes (42.99%), while decrease is observed in the prices of Tomatoes (54.05%), Onions (18.21%), Pulse Gram (2.67%) and Mustard Oil (0.16%).
Out of a total of 51 items, during the week, prices rose for 19 items (37.26%), decreased for 16 items (31.37%), and remained stable for 16 items (31.37%).
Significant price increases were noted in various food items, including Tomatoes (12.45%), Onions (11.96%), Garlic (2.59%), Potatoes (1.81%), Cooked Daal (1.27%), Eggs (0.84%), Beef (0.53%), and Bread (0.52%). Among non-food items, LPG (3.11%), Firewood (0.76%), and Long Cloth (0.51%) also experienced notable price hikes.
Conversely, major price decreases were observed for Diesel (3.33%), Chicken (2.78%), Petrol (2.40%), Pulse Masoor (1.80%), Pulse Gram (1.73%), Gur (1.14%), Pulse Moong (0.58%), Pulse Mash (0.33%), Wheat Flour (0.32%), and Vegetable Ghee (0.20%).
When considering the year-on-year trend, the report shows a 37.07% overall increase in prices. Some of the most significant increases include Electricity Charges for Q1 (118.16%), Gas Charges for Q1 (108.38%), Cigarettes (94.69%), Rice Basmati Broken (87.60%), Chilies Powder (84.84%), Sugar (79.55%), Rice Irri-6/9 (78.69%), Wheat Flour (77.91%), Gur (67.68%), Tea Lipton (60.72%), Gents Sponge Chappal (58.05%), Salt Powdered (56.48%), Garlic (54.78%), Gents Sandal (53.37%), Petrol (43.70%), and Potatoes (42.99%). In contrast, prices have decreased for Tomatoes (54.05%), Onions (18.21%), Pulse Gram (2.67%), and Mustard Oil (0.16%).
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.