Islamabad (HRNW) Inflation measured by the Sensitive Price Index (SPI) continued to climb in the week that ended on August 25, jumping to a record 44.58 per cent year-on-year.
Data shared by the Pakistan Bureau of Statistics (PBS) on Friday showed that the index rose due to higher prices of essential food items — tomatoes, onions, pulses and cooking oil — and fuel.
Prior to this, the highest year-on-year weekly inflation figure was 42.3pc, which was recorded for the week ending on Aug 18.
The latest data showed that the SPI increased 1.83pc week-on-week. It had risen 3.35pc last week.
The SPI monitors prices of 51 essential items based on a survey of 50 markets in 17 cities of the country.
During the week under review, the prices of 23 items increased; seven items saw a decrease in prices while for 21 items they remained unchanged.