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Deflation of up to 0.55pc observed in present week

Deflation of up to 0.55pc observed in present week

ISLAMABAD: According to weekly report of Bureau of Statistics, a deflation of 0.4 to 0.55 percent was observed during last week.

According to report, price of nine commodities including flour, tomato, onion, potato, garlic and banana decreased. On the hand, price of 15 commodities increased in one week.

According to details, inflation for the income group of Rs17000 increased by 18%, for Rs22000 by 19%, for Rs44,000 by 21%, for Rs50,000 by 20% during the one year.

The documents further stated that in a week, 20 kg flour bag’s price declined from Rs. 968 to Rs. 955; however, price of 20kg flour bad increased from Rs788 to Rs950 and the price of sugar increased from Rs 59 to Rs 77 per kg in one year.