Weekly inflation rises 13.2pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 13.18 per cent in the week ending October 3 owing to an increase in the prices of perishable vegetables.

The SPI-based inflation reversed to a modest increase for the second consecutive week after a one-week decline. It increased by 0.44pc from the preceding week, official data showed on Friday.

The weekly inflation hit a record 48.35pc year-on-year in early May 2023, but then decelerated as low as...