A significant surge in petrol and diesel prices has led to a marked increase in Pakistan’s weekly inflation rate, which rose by 1.93%, raising the annual inflation rate to 12.15%. This data was released by the Pakistan Bureau of Statistics on Friday.
During the past week, prices of 28 essential commodities experienced increases, while 8 items saw price reductions and 15 remained stable. Fuel costs were a major factor in the inflationary rise, with diesel prices jumping by 54.71% and petrol prices climbing 17.86%, heavily influencing the overall trend.
Among food products, tomatoes, LPG, and potatoes recorded significant price hikes of 9.35%, 8.61%, and 4.13%, respectively. Egg prices also rose by 3.77%, and bread prices inched up by 0.47%. Meat prices showed moderate increases, with beef and mutton rising by 1.07% and 1.05%, respectively.
Meanwhile, some relief was noted in certain commodities. Garlic and bananas saw price drops of 3.78% and 3.39%, respectively. Additionally, prices of chicken, flour, ghee, and cooking oil declined during the same period.
These figures highlight the ongoing strain on household budgets as rising fuel costs and fluctuating food prices continue to impact the cost of living across the country.
