ISLAMABAD: Pakistan’s weekly inflation remained elevated, marking a 41.90 percent year-on-year increase in the week ending on November 16, mainly due to the rising cost of gas, the Pakistan Bureau of Statistics (PBS) reported on Friday.
Measured by the Sensitive Price Index (SPI), the weekly inflation also increased by staggering 9.95pc on a week-on-week basis, according to official data released by the Pakistan Bureau of Statistics (PBS).
The SPI for the week under review in the above-mentioned group was recorded at 309.09 points as compared to 281.12 points during the past week, the date revealed. During the week, out of 51 items, prices of 25 (49.02 percent) items increased, 13 (25.49 percent) items decreased and 13 (25.49 percent) items remained stable. –Agencies
