Weekly inflation eases slightly

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), eased to 3.97 per cent year-on-year in the week ending Jan 2 owing to a decline in the prices of perishable kitchen items.

The SPI-based inflation reversed to a modest decline after an increase for three straight weeks.

It declined by 0.26pc week-on-week, according to official data, on Friday.

In the past week, the market had witnessed a notable decline in the prices of essential vegetables, including tomatoes and potatoes...