Essential Items 33.59 Percent Dearer For Low Income Group

Saturday, July 26, 2008 at 1:12 pm

ISLAMABAD :Weekly inflation measured by SPI surged 32.22 percent in week ending on July 24 over the same period of last year on the back of recent increase in oil prices. The higher than expected inflation was caused by successive increase in petroleum prices during the last three months, but 1.66 percentage rise in SPI inflation during the week was because of recent increment in petroleum prices.

Statistics released by Federal Bureau of Statistics (FBS) on Friday showed a substantial increase in the prices of 31 essential commodities including vegetable, flour, fruit milk and cooking oil.

With this increase in the prices of essential commodities, the dearness for families bracketed in Rs 3000 and Rs 3001 to Rs 5000 monthly income surged by 33.59 percent and 32.59 percent respectively over the same period of last year.

There has been 32.30 percent increase in dearness for families bracketed in Rs 5001 to Rs 12000 income group over same period of last year while price hike surged 32.12 percent for families having monthly income of Rs 12000 following 1.66 percent increase in inflation during the week under review.

The SPI bulletin, based on data of 53 items collected from 17 urban centres showed increase in prices of 31 essential commodities decline in 8 while prices of 14 commodities remained stable but dearer compared to last year.

COMMODITIES WHOSE PRICES SURGED DURING THE WEEK: Price of per kg tomatoes increased to Rs 30.91 from Rs 24.72 during the week, per ltr diesel to 64.89 from Rs 55.34, petrol to Rs 86.95 from Rs 75.92, kerosene oil to Rs 70.09 from Rs 64.05, chicken (farm) per kg to Rs 97.65 from Rs 90.27, garlic kg to Rs 37.84 from Rs 36.68, masoor pulse washed to Rs 120.71 from Rs 117.43, LPG. (11 kg cylinder.) each to Rs 786.85 from Rs 766.66, tea (prepared) cup to Rs 7.88 from Rs 7.72, cooked dal plate each to Rs 24.30 from Rs 23.82,washing soap nylon to Rs 12.01 from Rs 11.79, gram pulse washed kg to Rs 61.97 from Rs 60.93, wheat average quality kg to Rs 21.74 from Rs 21.40, curd kg to Rs 41.12 from Rs 40.57, cooked beef plate each to Rs 37.12 from Rs 36.68.

Similarly, the price of bread plain mid size each increases to Rs 22.38 from Rs 22.15, egg hen (farm) per dozen to Rs 58.82 from Rs 58.26, onion kg to Rs 17.79 from Rs 17.63, mustard oil kg to Rs 150.72 from Rs 149.47, mutton kg to Rs 250.13 from Rs 248.35, gur kg to Rs 33.38 from Rs 33.16, milk fresh ltr to Rs 34.70 from Rs 34.50, moong pulse washed kg to Rs 55.70 from Rs 55.44, shirting mtr to Rs 74.83 from Rs 74.53, salt powdered kg to Rs 5.65 from Rs 5.63, rice basmati broken kg to Rs 54.43 from Rs 54.24, firewood 40 kg to Rs 246.30 from Rs 245.51, coarse latha mtr to Rs 43.34 from Rs 43.22, beef kg to Rs 133.89 from Rs 133.60 and sugar per kg to Rs 31.91 from Rs 31.87.

Essential Items 33.59 Percent Dearer For Low Income Group

From World:

Todays news from Business News

Advertisement

Email Subscription

Advertisement