Weekly inflation eases slightly
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), eased 0.02 per cent year-on-year in the week ending June 5 owing to a slight decrease in the retail prices of perishable products.
The SPI-based inflation recorded a partial decline after three weeks of consecutively increases. A decline in perishable vegetables mainly drives the decrease. It, however, increased by 0.02 per cent from the previous week, official data showed on Thursday.
The extraordinary spike in the retail prices of sugar, meat and chicken also contributed to reversing the trend........
© Dawn Business
