Further increase in inflation in the country reached a record level of 45.64% – Express Urdu

Further increase in inflation in the country reached a record level of 45.64% – News Panda

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The rate of inflation has increased by 0.96 percent during the recent week. Islamabad: The trend of increasing the rate of inflation continues in the country. Inflation rate increased by 0.96 percent during the recent one week while reaching a record level of 45.64 percent on annual basis. In the recent week, 28 essential commodities became expensive, 11 became cheaper in the country, while the prices of 12 remained stable. According to the weekly inflation report issued by the Federal Bureau of Statistics, during the recent week ending on March 16, 2023, the segment having an income of more than 44 thousand 175 rupees per month was the most affected by inflation, for which the inflation rate was 47.97 percent. . In the week ending on March 16, 2023, the inflation rate has increased by 0.96 percent, while during this week, potato, sugar, tomato, flour, beef, cooking oil, jaggery, energy saver, tea, matcha, rice, open fresh milk The prices of a total of 28 essential commodities, including curd and petroleum products, increased. 8 items including onion, chicken, garlic, eggs, LPG, dal mash, dal chana, lentil and mung dal have become cheaper. 14. Prices of essential commodities remain stable. During the last week, tomato 18.06%, tea leaf 9.26%, potato 4.52%, sugar 2.70%, cooking oil 1.20%, flour 2.40%, petrol 1.84%, diesel 4.65% while chicken 5.97%, garlic 5.73%, mung dal 0.84%. , lentil masoor 2.27, eggs 2.26, LPG 1.90, gram dal 1.24, dal mash 1.08 and LPG 1.90 percent cheaper. In terms of Sensitive Price Index (SPI), the rate of inflation in the country was 47.97% compared to the same period last year. On an annual basis, 41.32 percent of the inflation rate for the group with income up to 17 thousand 732 rupees per month, 44.23 percent for the group with income from 17 thousand 733 rupees to 22 thousand 888 rupees per month, 44.51 percent for the group with income from 22 thousand 889 rupees to 29 thousand 517 rupees per month. The percentage was 45.04% for the group with income between 29 thousand 518 rupees and 44 thousand 175 rupees, while the rate of inflation for the group having income more than 44 thousand 176 rupees per month was 47.997 percent. Among the 28 essential items that have increased in price are potato, sugar, tomato, flour, beef, cooking oil, jaggery, energy saver, tea, matches, rice, open fresh milk, curd and petroleum products including other essential items. The prices of 11 essential commodities have decreased, including onion, chicken, garlic, eggs, LPG, dal mash, dal chana, dal masoor and mung dal, but the prices of 12 essential commodities have remained stable.

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