The prices of 19 items, including vegetables, milk, LPG, have increased, while the prices of 16 items have recorded a decrease. Bureau of Statistics
The overall rate of inflation in the country has increased to 37.07 percent, the prices of 19 items have increased in a week, the average price of sugar has increased by one rupee per kg. According to the details, the Federal Bureau of Statistics has released the weekly inflation data, according to which the inflation rate has increased by 0.11% on a weekly basis.
In one week, the overall rate of inflation was recorded at 37.07 percent. The inflation report said that the prices of 19 items increased in a week while the prices of 16 items decreased, the average price of sugar increased by one rupee per kg during the week. The price of tomato per kg has increased by 11 rupees and similarly the prices of 19 items including potatoes, onions, tomatoes, eggs, milk have also increased.
After the price of domestic LPG cylinder increased by Rs.98 to Rs.3232, the prices of firewood, fresh milk, curd, mutton and dry milk have also gone up. Similarly, the prices of 16 items were recorded, under which the prices of petroleum products, chicken, dal masoor, dal chana, dal mash, flour, mustard oil and ghee have decreased. On the other hand, after the improvement in the value of the rupee, the possibility of a significant reduction in the prices of petroleum products is being shown.
Troll price is expected to decrease by 38 rupees and diesel price by 18 rupees per liter. The prices of petroleum products have also decreased in the international market. In the international market, petrol has become cheaper by 12 dollars and diesel by 9 dollars per barrel. The price of gasoline in the world market went up to 102 dollars per barrel. The price of diesel in the world market went up to 117 dollars per barrel. Last day, a media report said that with a decrease of more than 5%, oil prices were the lowest in 2 months. have come to the surface.
The price of British crude oil Brent oil fell to 85 dollars per barrel, while the price of American crude oil WTI decreased to 83 dollars per barrel. It has been reported that the drop in crude oil prices is due to concerns of a slowdown in the global economy and low demand. On the other hand, there is a possibility that OPEC will not further cut oil production. Due to this, for the last several days, the trend of continuous decline in oil prices has prevailed in the world market.
While looking at the trend of falling oil prices in the global market, experts expressed the opinion that if this trend continues in the global market, there may be a clear decrease in the price per liter in Pakistan. It should be clear that even at the beginning of this month, petroleum products The possibility of a big drop in prices was being shown. It was reported that the prices of petroleum products will decrease significantly due to the cheapness of the dollar, however, on September 30, the caretaker government announced a reduction in the price of petrol by only Rs. Is. After the increase in the global market, the price of gold reached 1823 dollars per ounce.