Short-Term Inflation Goes up Just Over 1% 

The Sensitive Price Index (SPI) based inflation for the week ended February 06, 2025, increased by 1.02 percent on a year-on-year basis, according to the data issued by the Pakistan Bureau of Statistics (PBS).   The year-on-year trend depicts an increase mainly due to an increase in the prices of Pulse Moong (31.08 percent), Pulse Gram (30.36 percent), Powdered Milk (25.80 percent), Potatoes (23.42 percent), Beef (22.35 percent), Vegetable Ghee 1 Kg (17.15 percent), Garlic (16.30 percent), Gas Charges for Q1 (15.52 percent), Vegetable Ghee 2.5 Kg (14.84 percent), Shirting (14.11 percent), and Firewood (13.07 percent).   While major decrease was observed in the prices of Onions (54.79 percent), Tomatoes (42.99 percent), Wheat Flour (36.76 percent), Chilies Powder (20.00 percent), Electricity Charges for Q1 (18.92 percent), Eggs (12.09 percent), Pulse Mash (11.61 percent), Pulse Masoor (11.25 percent), Rice Basmati Broken (8.41 percent), Petrol (5.71 percent), Diesel (3.87 percent) and LPG (1.70 percent).    On the other hand, the SPI based inflation decreased by 0.21 percent on week-on-week basis due to a decrease in the prices of Tomatoes (11.42 percent), Potatoes (5.99 percent), Onions (4.38 percent), Chicken (3.95 percent), Pulse Gram (1.72 percent), LPG (1.08 percent), Pulse Mash (0.82 percent), Rice IRRI-6/9 (0.54 percent) and Mustard Oil (0.47 percent).   During the week, out of 51 items, prices of 13 (25.49 percent) items increased, 16 (31.37 percent) items decreased and 22 (43.14 percent) items remained stable.