Yearly SPI edges up 0.41% due to mixed price trend
KARACHI:
The Sensitive Price Indicator (SPI) recorded a weekly decline of 0.81% for the week ending May 29, 2025, mainly due to lower electricity charges, as well as falling prices of chicken and liquefied petroleum gas (LPG). However, on an annual basis, the SPI rose by 0.41%, reflecting a mixed picture across food, energy, and consumer goods.
The Pakistan Bureau of Statistics (PBS) reported that prices of 10 essential items fell during the week, 14 items saw an increase, and 27 items remained stable.
The weekly decline was largely driven by significant reductions in key items: electricity charges (down 10.10%), chicken (down 8.51%), LPG (down 2.67%), sugar (down 0.25%), milk powder (down 0.20%), 2.5kg vegetable ghee (down 0.17%), wheat flour (down 0.09%), Irri-6/9 rice (down 0.07%), garlic (down 0.05%), and pulse moong (down 0.01%).
On the other hand, some items saw price increases over the week, including tomatoes (up 4.54%), potatoes (up 2.94%), eggs (up 2.19%), onions (up 2.17%), gur (up 0.77%), bananas (up 0.73%), mustard oil (up 0.34%), cigarettes (up 0.25%), pulse mash (up 0.22%), pulse gram (up 0.17%), pulse masoor (up 0.14%), and broken Basmati rice (up 0.12%).
Year-on-year, several essential items saw notable price hikes: ladies’ sandals (up 55.62%), chicken (up 32.92%), eggs (up 32.30%), pulse moong (up 31.45%), milk powder (up 23.75%), sugar (up 21.96%), bananas (up 21.17%), pulse gram (up 19.66%), beef (up 17.51%), LPG (up 16.30%), 2.5kg vegetable ghee (up 13.67%), and 1kg vegetable ghee (up 12.76%).
