Pakistan’s Weekly Inflation Inches Down

Pakistan’s weekly inflation inches down

Weekly inflation in Pakistan saw a slight decline for the second straight week, with official data on Friday showing prices of key food items continuing to shift unevenly. The Sensitive Price Indicator (SPI), which tracks the cost of 51 everyday essentials, dropped 0.11 per cent for the week ending June 12, according to the Pakistan Bureau of Statistics (PBS). On a year-on-year basis, the SPI was down 1.41 per cent, an unusual development in a c…

Pakistan’s weekly inflation inches down; food prices show mixed trend

ISLAMABAD: Weekly inflation in Pakistan saw a slight decline for the second straight week, with official data on Friday showing prices of key food items continuing to shift unevenly.   The Sensitive Price Indicator (SPI), which tracks the cost of 51 everyday essentials, dropped 0.11 per cent for the week ending June 12, according to the Pakistan Bureau of Statistics (PBS). On a year-on-year basis, the SPI was down 1.41 per cent, an unusual devel…