Weekly inflation records all-time high of 48.35pc

The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 1.05 pc to jump to a record high of 48.35pc on a year-on-year basis for the week ending on May 4.

The SPI for the week under review in the above-mentioned group was recorded at 254.84 points as compared to 252.2 points during the past week, according to the PBS data.

Out of the 51 monitored items, the average price of 30 items increased, 9 items decreased whereas 12 items registered no change during the week.

The items, which recorded an increase in their average prices on a week-on-week (WoW), Chicken (8.91%), Potatoes (3.99%), Powdered Milk (3.81%), Pulse Gram (1.96%), Pulse Masoor (1.83%), Eggs (1.81%), Mutton (1.71%), Pulse Mash (1.58%), Cooked Daal (1.36%), and Bread (1.13%), non-food items, Gents Sponge Chappal (58.05%), Gents Sandal (33.36%), Ladies Sandal (14.31%) and Washing Soap (1.27%).

Meanwhile, a decline was witnessed in the prices of Onions (16.69%), Garlic (3.44%), Tomatoes (3.41%), Diesel (1.70%), Mustard Oil (0.99%), LPG (0.96%), Cooking Oil 5 litre (0.40%) and vegetable ghee 2.5kg & 1kg (0.10%) each.