Pakistan’s weekly inflation up by 1.93% amid fuel surge

Wait 5 sec.

ISLAMABAD: A sharp increase in petrol and diesel prices has driven a noticeable rise in weekly inflation, ARY News reported on Friday, citing the latest data released by the Pakistan Bureau of Statistics.The weekly inflation rate climbed by 1.93%, bringing the overall annual rate to 12.15%.Official figures show that prices of 28 essential commodities rose خلال the past week, while 8 items recorded a decline and 15 remained unchanged.Fuel costs saw significant increase in Pakistan, with diesel prices surging by 54.71% and petrol rising by 17.86%, contributing heavily to the upward inflationary trend.Among food items, tomatoes, LPG, and potatoes registered notable increases, rising by 9.35%, 8.61%, and 4.13%, respectively. Egg prices also increased by 3.77%, while bread edged up by 0.47%. Meat prices showed a modest rise, with beef and mutton increasing by 1.07% and 1.05%, respectively.On the other hand, some relief was observed in select items, as garlic and bananas recorded declines of 3.78% and 3.39%. Prices of chicken, flour, ghee, and cooking oil also eased خلال the same period.The data underscores the continued pressure on household budgets amid rising fuel costs and fluctuating food prices.