Pakistan sees drop in weekly inflation; annual prices remain high
ISLAMABAD: The Weekly Sensitive Price Indicator (SPI) has declined for the fifth consecutive week. The SPI, a key measure of inflation for essential commodities, fell 1.06 per cent during the week ending May 16, 2024, compared to the previous week. However, despite this short-term relief, prices remain significantly higher on
Pakistan’s weekly inflation rate shows promising decline
Last week witnessed 1 % reduction in short-term inflation, with annualised inflation rate also declining to 24.37% following the decrease.