Significant Annual Increase of 11.92% in Weekly Inflation Across the Country

In a concerning economic development, the weekly inflation rate has surged by 11.92% on an annual basis. This increase has been reported by the Pakistan Bureau of Statistics, highlighting the escalati

In a concerning economic development, the weekly inflation rate has surged by 11.92% on an annual basis. This increase has been reported by the Pakistan Bureau of Statistics, highlighting the escalating costs of essential commodities.

Weekly inflation rate: Price Increases in Key Commodities

Compared to the same week last year, diesel prices have surged by 51%, while petrol has increased by 47.50%. Additionally, liquefied petroleum gas (LPG) prices have risen by 64%. The cost of electricity recorded a staggering 59% increase in contrast to the previous year.

Notable price hikes were observed in other essential food items: onions have become 116% more expensive, wheat flour has increased by 32.41%, and the price of goat meat has risen by 15.75%. Furthermore, beef prices have seen a 13.22% increase over the past year.

During the review week, potatoes experienced a 39% price rise, sugar saw a 21% increase, and tomatoes rose by 19%. In contrast, there was a recorded decrease in the price of eggs, which fell by 18%.

This dramatic surge in inflation highlights ongoing economic challenges faced by consumers as prices for basic goods continue to escalate significantly.