Perishables push inflation up 5pc
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 5.07pc year-on-year in the week ending Sept 4, driven by soaring retail prices of perishable food items.
SPI inflation has been on an upward trajectory for the past seven weeks, fuelled mainly by sharp increases in the prices of tomatoes, onions, potatoes, rice, chicken, liquefied petroleum gas (LPG) and wheat flour. On a weekly basis, inflation increased by 1.29pc, according to official data released on Friday.
Tomatoes led the surge, retailing at up to Rs300 per kg in Islamabad, while sugar........
© Dawn Business
