Sensitive Price Indicator (SPI) declined by 0.98% WoW

Sensitive Price Indicator (SPI) declined by 0.98% WoW

Pakistan’s short-term inflation, measured by the Sensitive Price Indicator (SPI), declined by 0.98% during the week ended July 2, 2026, according to data released by the Pakistan Bureau of Statistics (PBS).

The weekly decline was primarily driven by lower prices of petrol (19.77%), diesel (17.73%), LPG (12.60%), chicken (1.97%), bananas (1.44%), pulse moong (1.29%), pulse mash (0.84%), garlic (0.63%), pulse gram (0.23%), and mustard oil and sugar (0.21%) each.

However, prices increased for several essential items, including tomatoes (125.40%), onions (10.72%), potatoes (10.06%), eggs (8.32%), wheat flour (5.08%), matchboxes (0.96%), shirting (0.87%), washing soap (0.63%), fresh milk (0.49%), bread (0.47%), IRRI-6/9 rice (0.45%), and cigarettes (0.23%).

Out of the 51 commodities monitored during the week, prices of 23 items (45.10%) increased, 11 items (21.57%) declined, while 17 items (33.33%) remained unchanged.

On a year-on-year (YoY) basis, the SPI increased by 13.52%. The largest annual increases were recorded in tomatoes (238.72%), onions (80.96%), wheat flour (68.47%), electricity charges for Q1 (49.14%), LPG (44.08%), gas charges for Q1 (29.85%), gents sponge chappals (16.69%), mutton (16.06%), chili powder (15.20%), beef (12.89%), bananas (10.53%), and bread (9.18%).

Meanwhile, notable annual declines were observed in potatoes (36.60%), pulse gram (22.11%), sugar (19.42%), powdered salt (14.09%), pulse masoor (12.32%), eggs (9.30%), chicken (6.96%), and pulse moong (6.06%).

The average price of Sona Urea stood at Rs4,647 per 50kg bag, down 0.31% from the previous week but 4.82% higher than a year earlier. Similarly, the average cement price eased 0.23% week-on-week to Rs1,499 per 50kg bag, while remaining 6.81% above its level a year ago.

The SPI tracks the prices of 51 essential commodities across 50 markets in 17 cities and is compiled weekly by the PBS to provide a timely measure of short-term inflation trends in Pakistan.