ISLAMABAD - Weekly inflation has recorded at 7.05 per cent during the week ended on August 9 as compared to the same period of the previous year, as prices of kitchen items have remained on the higher side during the period under review.

The official figures of Pakistan Bureau of Statistics (PBS) released on Friday, the SPI (Sensitive Price Indicator) based inflation has shown an increase of 0.21 per cent during the week ended on Thursday against its preceding week. However, on annually basis, the SPI based inflation has recorded an increase of 7.05 per cent.

According to latest inflation figures, inflation for the lower earning class of the society (earning up to Rs 8000 per month) has recorded at 7. 91 per cent followed by 9.93 per cent for the income group (earning up to Rs 8001-12000 per month). Meanwhile, inflation for the income group (earning Rs 12001-Rs 18000 per month) has registered at 9.54 per cent followed by 6.07 per cent for the income group (earning Rs 18001-Rs 35000 per month).

However, the least effect of the inflation was observed for the higher income group (earning above Rs 35,000 per month) as it recorded at 4.04 per cent for the said class.

It might be mentioned here that SPI monitors prices of 53 items based on the survey of 17 cities and 53 markets. According to the latest PBS figures, prices of 15 items registered increase, 6 items recorded decrease and 32 items remained unchanged during the week ended on Thursday.

Prices of onions rose to Rs 33.65 per kg in the week ended on Thursday from Rs 30 of the preceding week, tomatoes price increased to Rs  46.82 from Rs 42, prices of 11 kg LPG cylinder enhanced to Rs 1387 from Rs 1345, price of potatoes went upto Rs 31 from Rs 30, price of wheat surged to Rs 278 per 10 kg from Rs 275. Similarly, prices of garlic, mash pulse washed, gur, wheat flour 10 kg bag, masoor pulse washed, red chilies, rice basmati broken, moong pulse washed and beef recorded increase during the period under review.

According to the PBS figures, price of per kg chicken decreased to Rs 145 from Rs 151, per dozen price of bananas reduced to Rs 100 from Rs 102, price of gram pulse washed went down to Rs 108 from Rs 109, price of per dozen eggs decreased to Rs 77.84 from Rs 78.3, price of vegetable ghee loose reduced to Rs 167 from Rs 168 and sugar price also recorded minor decrease in the period under review.

However, prices of rice irri-6, bread plain, mutton, fresh milk, curd, milk powdered, mustard oil, cooking oil (tin), salt, petrol and diesel did not register any change and remained unchanged in the period under review.