The Sensitive Price Indicator (SPI) inflation year-on-year of 53 daily use items for week ending on November 8, 2006 has shown 9.67 percent increase as compared to the corresponding week of last fiscal.
The significant feature of the weekly bulletin of Federal Bureau of Statistics (FBS) released here on Saturday was that year-on-year the rise in the prices of some necessities and kitchen items was exorbitant. These items were sugar, potatoes, fire wood, gur, LPG, and all kinds of pulses and high gas charges, which hit the low-income group.
The bulletin on SPI, based on data collected for about 53 items from 17 centers, showed that 18 items registered increase whereas nine items showed decline while prices of 26 items remained unchanged.
However, further analysis of the data revealed that year-on-year basis; nine items are dearer by double digits. These included gram pulse by 51 percent, red chillies 25 percent, sugar 22 percent, firewood 20 percent, cooked dal 16 percent, cooked beef 16 percent, mutton 13 percent, fresh milk 11 percent and curd price increased by 10 percent over corresponding week of last year.
Among these items, in a short span of one week the prices of tomatoes increased by 7.36 percent, egg farm 7.19 percent, red chillies 2.35 percent and milk powder prices increased by 1.06 percent over previous week.
The FBS figures further showed that though prices of 26 items posted no change during the week, compared to the corresponding week of last year several items are now costly. For example gas charges increased by 20 percent, beef 13 percent, tea (packed) 12 percent and tea prepared by 11 percent.
The bulletin further indicates that though the prices of nine items decreased, compared to the prices of corresponding week of last year, items which showed increase in their prices were onions, dearer by 121 percent, mash pulse 49 percent, moong pulse 28 percent, potatoes 24 percent, gur 19 percent and L.P.G (11 kg cylinder) charges increased by 16 percent.
Comments
Comments are closed.