Electricity, LPG and grocery prices increase, SPI reports
Electricity, LPG and grocery prices increase. AI-generated image
Electricity, LPG and grocery prices increase. AI-generated image
KARACHI (Web Desk): Electricity, LPG, pulses, vegetable ghee, bananas and cooking oil recorded price increases as the Sensitive Price Indicator (SPI) rose to 337.99 points.

The the SPI increased from 335.54 last week, signaling growing pressure on household expenses.

Weekly inflation measured by SPI increased by 0.73 percent for the combined consumption group, while year-on-year, it surged by 4.32 percent. The weekly SPI tracks prices of 51 essential items across 17 urban centres for all expenditure groups.

For low-income households (up to Rs17,732), SPI slightly fell by 0.09 percent to 330.88 points. However, for higher consumption groups, SPI rose by 0.99 percent for Rs17,733–22,888, 0.49 percent for Rs22,889–29,517, 0.28 percent for Rs29,518–44,175, and 0.60 percent for above Rs44,175.

During the week, 14 items (27.45%) recorded a price increase while 12 items (23.53%) saw declines and 25 items (49.02%) remained stable. Major commodities showing weekly price hikes included electricity charges Q1 (11.11%), LPG (3.51%), pulse moong (1.92%), vegetable ghee 2.5-kg (1.12%), bananas (0.65%), cooking oil 5-litre (0.64%), powdered milk (0.43%), vegetable ghee 1-kg (0.38%), cigarettes (0.25%), firewood (0.20%), sugar (0.20%), and beef (0.01%).

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Items recording declines included tomatoes (28.39%), onions (10.08%), potatoes (4.58%), salt powdered (2.47%), pulse gram (1.18%), garlic (1.12%), eggs (0.75%), and wheat flour (0.70%).

On a yearly basis, the sharpest rises were in sugar (44.09%), gas charges Q1 (29.85%), wheat flour (16.35%), gur (16.24%), beef (13.46%), firewood (12.74%), diesel (11.66%), bananas (11.27%), vegetable ghee 2.5-kg (9.17%), powdered milk (8.64%), lawn printed (8.29%), and cooking oil 5-litre (7.61%).

Conversely, year-on-year declines were seen in garlic (38.54%), potatoes (34.96%), pulse gram (28.96%), tomatoes (26.64%), onions (19.05%), tea packete (17.79%), pulse mash (14.97%), electricity charges Q1 (8.40%), salt powdered (4.23%), and LPG (2.54%).

Experts say rising prices of electricity, LPG, pulses, ghee, and bananas indicate growing pressure on households. Lower-income groups are somewhat shielded, but most consumers face higher weekly costs. Analysts suggest keeping an eye on staple items, as continuous price hikes may affect monthly budgets significantly. The market shows a mix of short-term declines and persistent rises in essential commodities, making careful planning necessary.