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Pakistan’s Weekly Inflation Rises 0.79%, SPI at 15.16% Year Over Year

Fuel, electricity, staple foods saw the sharpest jumps, lifting costs across every income bracket.

Overview

  • The Sensitive Price Index, which tracks 51 essential items in 17 cities, rose 0.79% for the week ended May 7, taking the annual increase to 15.16%.
  • Chicken prices jumped 12.82% week over week, with diesel up 5.10% and wheat flour up 3.42%, which PBS identified as the main drivers.
  • On a yearly basis, petrol rose 58.32%, diesel 55.76%, electricity charges 52.58%, and wheat flour 50.65%, pointing to energy and staple cost pressure.
  • Prices moved unevenly across the basket as 22 items rose, 14 fell, and 15 were unchanged, while every income group recorded a year-over-year rise of about 12% to 15%.
  • Several staples were cheaper than a year ago, including potatoes down 44.58% and sugar down 13.76%, though PBS gave no causes as the Express Tribune cited spillovers from the IsraelUS war on Iran.