According to sources, Pakistan’s Sensitive Price Index – the most reliable metric for calculating price rises for essential goods – announced the lowest price rise in the past 14 months, Minister of Planning and Development Asad Umar reported on Friday.
The index recorded a single digit rise of 9.27 per cent for the first time in more than a year, he tweeted. This meant that the economy’s inflation rate dropped by 2 per cent.
Prices of 14 important products decreased, 13 commodities became high, and prices of 24 remained unchanged, according to the Pakistan Bureau of Statistics.
Tomatoes are, therefore, 20 per cent cheaper and onions are 4.75 per cent lower. Items like milk, cheese, and eggs have also become cheaper.
At the other side, lentil, sugar and meat prices have gone up.