Further increase in the rate of inflation in the country

The increase in inflation rate on annual basis reached 42.27%.

Islamabad: The rate of increase in the rate of inflation in the country gained momentum.

During the recent week, the rise in inflation hit a top gear and the inflation rate increased by another 1.37 percent during the week, while the increase in the inflation rate on an annual basis reached 42.27 percent.

In the recent week, 29 essential commodities became expensive and 8 became cheaper in the country, while the prices of 14 remained stable.

According to the weekly report of inflation issued by the Federal Bureau of Statistics, during the recent week ending on March 9, 2023, the segment having an income of more than 44 thousand 175 rupees per month was the most affected by inflation, for which the rate of inflation was 44.14 percent. Is.

The report said that the rate of inflation has increased by 1.37 percent and potato, onion, sugar, tomato, soap, flour, mutton, beef, vegetable table ghee, dal mash, mustard oil, tea, matcha, rice and fresh Prices of a total of 29 essential commodities including milk increased. 8 items including chicken, garlic, eggs, LPG, gram dal, lentil and mung dal became cheaper while the prices of 14 essential items remained stable.

Tomato 12.43%, onion 9.26%, potato 11.37%, sugar 5.48%, cooking oil 4.27%, flour 4.97%, vegetable ghee 4.01%, yogurt 1.89%, milk 1.82%, tea 1.79%, salt 1.21% and basmati broken rice 1%. .24 percent have become expensive while chicken 6.73, garlic 2.07, moong dal 0.83, masoor 0.50, eggs 0.77, LPG 0.26 percent, chickpea dal 0.05, firewood 0.12 percent cheaper.

In terms of Sensitive Price Index (SPI), the rate of inflation in the country has been 42.27 percent compared to the same period last year.

39.09% in the rate of inflation for the group having income up to 17 thousand 732 rupees per month on an annual basis in terms of decimals of sensitive prices. 40.98% in the rate of inflation for the income group from 17 thousand 733 rupees to 22 thousand 888 rupees per month. 41.79% in inflation for the income group from 22 thousand 889 rupees to 29 thousand 517 rupees per month. The rate of inflation was 42.53 percent for the group having income from 29 thousand 518 to 44 thousand 175 rupees per month, while the rate of inflation was 44.14 percent for the group having income more than 44 thousand 176 rupees per month.

Among the 29 essential items that have increased in price are potato, onion, sugar, tomato soap, flour, mutton, beef, vegetable table ghee, dal mash, mustard oil, tea, matches, rice and other essential items including open fresh milk. The prices of 8 essential commodities have decreased, including chicken, garlic, eggs, LPG, gram dal, masoor dal and mung dal, but the prices of 14 essential commodities have remained stable.

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