ISLAMABAD:The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 0.03 pc to jump to 42.67pc on a year-on-year basis for the week ending on June 1, official data showed.

The short-term inflation rose by an all-time high of 48.35pc for the period that ended on May 4. According to data released by the Pakistan Bureau of Statistics (PBS) the Combined Index was at 254.13 compared to 254.05 on May 25, 2023, while the index was recorded at 178.12 a year ago, on Jun 02, 2022

Out of the 51 monitored items, the average price of 19 items increased, 14 items decreased whereas 18 items registered no change during the week.

The weekly SPI percentage change by income groups showed a mixed trend with SPI ranging between -0.1% and 0.12%.