Shortterm

High food prices push short-term inflation to 43.25% – Uptrends

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High food prices push short-term inflation to 43.25% – Uptrends

  Major decreases were observed in the prices of potatoes, tomatoes, vegetable ghee, cooking oil, eggs etc People buy dry fruits at a market in Karachi, Pakistan February 1, 2023. — Reuters   Weekly inflation rises by 0.37% in week ending Dec 28. SPI increases to 43.25% YoY as compared to 42.6% last week.  Major decreases observed in … Read more

Short-term inflation surges to 43.25% with notable increase in gas rates – Uptrends

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Short-term inflation surges to 43.25% with notable increase in gas rates – Uptrends

  Official data from the Pakistan Bureau of Statistics reveals that short-term inflation for the week ending on December 28 has increased to 43.25%, primarily influenced by a significant rise in gas rates. This marks the seventh consecutive week with weekly inflation above 41%. On an annual basis, notable increases were observed in the prices … Read more