Pakistan Short Term Inflation
Pakistan: Short-term inflation spikes touches record 46.65pc
Islamabad: Pakistan's short-term inflation, which is measured by the Sensitive Price Index hit an all-time high of 46.65 per cent year-on-year (YoY) for the week ending on March 22, as per data released by the Pakistan Bureau of Statistics (PBS) on Friday.
Last week, short-term inflation was recorded at 45.64pc year-on-year, reports Dawn News.
On a week-on-week basis, short-term inflation increased by 1.80pc as tomatoes, potatoes and wheat flour became costlier.
The SPI monitors the prices of 51 essential items based on a survey of 50 markets in 17 cities across the country. During the week under review, the prices of 26 items increased, prices of 12 decreased and prices of 13 remained stable, reports the newspaper.
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