ISLAMABAD – Pakistan’s weekly inflation, measured through the Sensitive Price Index (SPI), recorded a minor decline of 0.12% during the latest review period, according to figures released by the Pakistan Bureau of Statistics (PBS) on Friday.
Despite the marginal dip, year-on-year inflation remains critically high at around 42%, keeping household budgets under pressure.
Relief on Select Commodities
The decline was primarily driven by slight reductions in the prices of essential items including tomatoes, vegetable ghee, wheat flour, and diesel. However, the relief remains limited as most other key commodities continue to trade at elevated rates.
Inflation Remains Sticky
While the week-on-week change offers a brief respite, persistent increases in food, fuel, and utility prices have kept overall inflation in the low-40% range, indicating deeper structural challenges in the economy.
Economists argue that these fluctuations fail to ease the broader cost-of-living crisis, urging the government to address supply chain disruptions, enhance price control mechanisms, and implement long-term reforms in agriculture and energy sectors.
This story has been reported by PakTribune. All rights reserved.