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ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 14.52 per cent year on year in the week ending May 14, largely driven by higher retail prices for perishable food products, according to official data released on Friday.
The SPI recorded a broad-based increase, underscoring sustained pressure on the cost of living. The rise was driven largely by steep increases in key items, including petrol (64.23pc), diesel (61.61pc), electricity charges (52.58pc), wheat flour (57.56pc), and LPG (48.34pc).
Short-term inflation remained high, driven by a surge in prices of essential food items such as onions, tomatoes, potatoes, mutton, beef, and powdered milk. Some relief was noted in pulses, sugar and eggs, which registered comparatively lower prices.
Despite this, energy-driven inflation continues to strain household budgets and push up transport costs across the economy. The SPI has now risen for the 40th consecutive week. While the pace of increase has moderated, it points to continued pressure on consumers.
