Overview
- PBS recorded a 0.53% week-on-week increase in the Sensitive Price Indicator to 335.31 points for the week ended November 13.
- The SPI stood 4.15% higher than the same week last year, indicating ongoing inflationary pressure.
- Weekly gains were led by staples: chicken rose 20.33%, tomatoes 12.03%, bananas 2.32%, with LPG up 1.97% and cooking oil up 0.38%.
- Several essentials fell, including onions down 6.65%, sugar 1.07%, wheat flour 0.69%, pulse gram 2.61%, pulse mash 0.66% and pulse moong 0.27%.
- Out of 51 tracked items, 15 rose, 12 fell and 24 were unchanged across 50 markets in 17 cities, highlighting volatility that economists say is straining household budgets.