WEBDESK: Inflation has continued to rise for the third consecutive week, with a 0.80% increase in the weekly inflation rate in Pakistan. As a result, the annual inflation rate has risen from 4.64% to 5.08%.
According to the weekly inflation report released by the Federal Bureau of Statistics, 17 items became more expensive, while 10 items became cheaper, and 24 items remained stable in price.
The report highlights significant price increases in tomatoes (up 20.75%), chicken (up 22.47%), sugar (up 2.19%), beef (up 0.69%), mustard oil (up 0.69%), cooking oil (up 0.74%), LPG (up 0.18%), firewood (up 0.95%), and ghee (up 0.91%).
On the other hand, the prices of some essential items decreased. Prices of chickpeas, moong dal, onions, potatoes, eggs, bananas, and broken rice saw slight reductions. Chickpeas decreased by 0.78%, moong dal by 1.28%, onions by 8.13%, potatoes by 2.38%, eggs by 0.30%, bananas by 0.68%, and broken rice by 0.15%.
The rise in prices of various essential items has put further pressure on households, and inflation is expected to continue to affect the cost of living.
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