A report released by Editorial Statistics, a significant reduction of 1.10% in the inflation rate was observed over the course of one week.
This decline marks a positive shift in the ongoing battle against rising prices, bringing the overall inflation rate down to 26.94 percent.
The report indicates a promising trend as inflation begins to recede from its previous highs. Over the span of just one week, the inflation rate dropped by 1.10%, signaling a potential alleviation of financial burdens for consumers. Despite the overall decrease, certain items experienced price hikes, including potatoes, dry milk, branded vegetable ghee, and dal mash.
However, other essential commodities such as sugar, jaggery, dal moong, goat meat, beef, and lentils witnessed slight reductions in price.
Among the notable price fluctuations, tomatoes were priced at 24 rupees per kilogram, onions at 29 rupees per kilogram, and live chicken at 60 rupees per kilogram. Additionally, the cost of a 20-kilogram flour bag stood at 114 rupees, while eggs were priced at 11 rupees per dozen. Encouragingly, the domestic cylinder of LPK registered a significant decrease in price, offering relief to households.
According to the Bureau of Statistics, the prices of 15 essential items saw an increase during the week, while prices for 10 items decreased, and 26 items remained stable.
