Ramazan inflation hits household budgets

ISLAMABAD: Short-term inflation, measured through the Sensitive Price Index (SPI), rose 5.19 per cent year-on-year in the week ending Feb 19, reflecting higher retail prices of perishable food items and energy products in the domestic market. The SPI-based inflation has now increased for 29 consecutive weeks, underscoring persistent pressure on household budgets. The continued upward movement has largely been driven by a sharp rise in the prices of vegetables and other perishables, as well as...

By none@none.com (Mubarak Zeb Khan)