The latest report from the Pakistan Bureau of Statistics reveals a slight weekly inflation increase of 0.01%, bringing the annual inflation rate to 14.36%. This report highlights a mixed trend in the prices of essential commodities, with some items becoming more expensive and others witnessing a price drop. Over the past week, prices for 15 essential commodities saw an uptick, while 14 items experienced decreases, reflecting ongoing fluctuations in the market.
Among the most significant price increases was chicken, which became Rs16 more expensive per kilogram. Utility costs also rose, with the price of electricity per unit increasing by 26 paisas. Several staple food items experienced price hikes; daal channa increased by Rs9.26 per kg, while garlic prices surged by Rs12 per kg. Meat products were not spared from this upward trend, as beef prices rose by Rs11 per kg and mutton by Rs14 per kg, further straining household budgets.
Despite these increases, there was some relief for consumers in the form of price reductions for certain essential goods. The price of bananas decreased by Rs8 per dozen, offering some respite to those struggling with rising food costs. Daal maash saw a price drop of Rs8 per kg, and the cost of a 20kg bag of flour decreased by Rs17, making basic staples slightly more affordable. Additionally, eggs became cheaper, with a price reduction of Rs3 per dozen.
The fluctuating prices of essential commodities continue to impact households across Pakistan. While the decreases in some food items provide temporary relief, the overall trend of rising prices and increasing utility costs adds to the financial strain faced by many. This mixed scenario highlights the ongoing challenge of managing household expenses amid economic uncertainty and inflationary pressures.
