After rising for two weeks in a row, the SPI-based inflation returned to a moderate increase. Friday’s official data showed a 0.08 percent decrease from the previous week.
The year-on-year increase shows that costs have risen contrasted with the earlier year. The deceleration is merely a price growth slowdown. Prices have not fallen as a result of this.
The week after week expansion hit a record 48.35pc year-on-year toward the beginning of May 2023, however at that point decelerated as low as 24.4pc in late Aug 2023 preceding flooding past 40pc during the week finishing on Nov 16, 2023.
