Weekly inflation flies to 25.3pc

Business Aug, 25 2023
Weekly inflation flies to 25.3pc
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KARACHI: The short-term inflation, measured by Sensitive Price Indicator (SPI), continues to rise with a year-on-year increase of 25.34 per cent for the week ending on Aug 24, Pakistan Bureau of Statistics (PBS) official data showed.

On a week-on-week basis, the short-term inflation, rose 0.05pc, and shows no signs of slowing down, causing concern for economists and consumers alike.

According to data, the Combined Index was at 275.71 compared to 275.57 on August 17, 2023, while the index was recorded at 219.97 a year ago, on Aug 25, 2022.

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