
Weekly SPI inflation up 0.24pc
The year-on-year (YoY) trend depicts a decrease of 0.80percent due to a decrease in the prices of onions (62.53percent), tomatoes (44.54percent), garlic (36.16percent), electricity charges for q1 (29.40percent), potatoes (27.42percent), wheat flour (24.17percent), tea Lipton (16.98percent), maash (16.49percent), chillies powder (13.45percent), petrol (12.36percent) and diesel (8.91percent), while major increase is observed in the prices of ladies sandal (55.62percent), moong (28.47percent), chicken (27.35percent), powdered milk (22.27percent), pulse gram (20.81percent), bananas (19.86percent), sugar (19.36percent), beef (19.23percent), vegetable ghee 2.5 kg (14.24percent), firewood (10.60percent), lawn printed (10.33percent) and Georgette (9.90percent).
Copyright Business Recorder, 2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
5 hours ago
- Business Recorder
Malaysian palm oil drifts lower
KUALA LUMPUR: Malaysian palm oil futures closed lower on Friday, weighed by weaker rival edible oils at the Chicago and Dalian markets and by profit booking, though the contract still managed to post its seventh weekly gain in eight. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange slid 29 ringgit, or 0.71%, to 4,062 ringgit ($963.02) a metric ton at the close. The contract rose 1.27% this week. Crude palm oil prices were lower, tracking weakness in soybean oil and Dalian palm olein prices, said David Ng, a proprietary trader at Kuala Lumpur-based trading firm Iceberg X Sdn Bhd. 'Profit-taking activities after the recent price rally also affected the market,' he added. Dalian's most-active soyoil contract fell 0.95%, while its palm oil contract shed 0.07%. Soyoil prices on the Chicago Board of Trade lost 0.96%. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Oil futures fell slightly after Iran reaffirmed its commitment to nuclear non-proliferation, while major producers from the OPEC+ group are set to agree to raise their output this weekend. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. The ringgit, palm's currency of trade, strengthened 0.05% against the dollar, making the commodity slightly expensive for buyers holding foreign currencies. Malaysia's palm oil inventories likely dropped for the first time in four months in June as production fell unexpectedly while export demand remained robust for the tropical oil, a Reuters survey showed.


Business Recorder
5 hours ago
- Business Recorder
Commission pending: Two key Ogra officials yet to be appointed
ISLAMABAD: The Oil and Gas Regulatory Authority's two key members are yet to be appointed to complete the commission so that it can take any important decision. The two key official positions are the Member Gas and Member Finance. The Ogra chairman is not able to take important decisions and in some cases quota must be fulfilled in the meeting before making policies on some specific issue. Consumers lack protection: Ogra failing to act against gas companies: PAC report Summary for appointment of Member Oil and Member Finance was sent to the concerned authorities but when the appointments would be made on these key posts is not known, an official of the Petroleum Division told this correspondent on condition of anonymity. The appointments are necessary to ensure proper functioning of Ogra, the official stressed. Copyright Business Recorder, 2025


Business Recorder
5 hours ago
- Business Recorder
Futures spread expands sharply
KARACHI: The futures market at the Pakistan Stock Exchange (PSX) witnessed a sharp expansion in spreads during the week ended July 4, 2025, with the future spreads soaring by 5,825 basis points. The spread settled at positive 9.99 percent by the final trading session of the week, compared to a negative 48.25 percent in the preceding week, reflecting improved investors sentiments. On the activity front, however, the average daily futures volume stood at 180.39 million shares, registering a sharp decline of 48.5 percent from the previous week's 349.98 million shares. In value terms as well, the average daily turnover dropped by 57.8 percent, declining to Rs 7.91 billion from Rs 18.78 billion a week earlier, indicating reduced participation in high-value contracts despite increased spreads. Copyright Business Recorder, 2025