A client buys rice from a big store in Karachi. – AFP / File Decrease in the price of 20 articles out of 51 key consumer goods. The 5.5% largest decline witnessed the price of onions. The prices of gasoline and diesel fell respectively 0.24% and 2%. Karachi: weekly inflation, measured by the sensitive price … Read more
A customer talks with a merchant selling grocery products on a Karachi market in Pakistan, June 8, 2023. – Reuters The drop in inflation marks a significant drop compared to the 1.16 % of the previous week. The IPC, which amounted to 4.1 % in December, could fall below 3 % in January 2025. Analysts … Read more
Men sell vegetables at their makeshift stalls at Empress Market in Karachi, April 2, 2018. — Reuters PBS releases data for the week ending January 16. Tomatoes lead weekly price declines. The annual SPI data highlights a complex inflationary situation. KARACHI: Inflationary pressures in Pakistan further moderated as the Sensitive Price Indicator (SPI) recorded a … Read more
A customer buys rice at a wholesale store in Karachi, June 8, 2023. — AFP The drop represents the lowest inflation rate since October 2014. Experts attribute much of the decline in inflation to a high base effect. The sensitive price indicator shows a decline of 0.65% compared to the previous week. Inflation in Pakistan … Read more