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Short-term inflation spikes to 31.83pc – Business

ISLAMABAD: Weekly inflation, measured by Sensitive Price Index (SPI), posted an increase of 31.83 per cent for the combined income group on a year-on-year basis ending Jan 19 due to a massive surge in prices of both food and non- food items, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.

However, no change was reported in the SPI on a week-on-week basis. This was mainly because of an increase in food items, especially vegetables like onions, over the past few weeks.