Weekly Inflation Rises 11.92% Year-on-Year
Pakistan's weekly inflation recorded a significant 11.92% year-on-year increase by the end of the current week, mainly due to higher diesel and petrol prices in the country following the rise in oil prices amid the war in the middle East.
Diesel prices rose 51%, petrol 47.50%, LPG 64%, and electricity 59% during the current week, according to data released by the Pakistan Bureau of Statistics.
Compared with the corresponding week last year:
- Onion prices increased by 116%
- Wheat flour by 32.41%
- Mutton by 15.75%
- Beef by 13.22%
On the other hand, during the week under review, potato prices declined by 39%, sugar by 21%, tomato prices by 19%, and egg prices by 18%.
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Related Topics:
- Pakistan
- LPG
- Petrol
- Electricity
- Oil
- Middle East
- Wheat
- Flour
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