This document analyzes the Sensitive Price Index (SPI) for essential commodities in Pakistan for May 2014. On a monthly basis, prices increased 1-14% for some items like milk, chicken, mutton, and bread, while decreasing 10-17% for eggs, tomatoes, and tea. On a yearly basis, prices were up 7-20% for some foods and 3-13% for items like oil, cement, and urea, while potatoes saw a 183% price increase. Some commodities like tomatoes, onions, and gold saw price decreases. Internationally, prices decreased 1-14% for items like oil, gold, and sugar compared to last month, with mixed trends compared to last
This document analyzes the Sensitive Price Index (SPI) for essential commodities in Pakistan for May 2014. On a monthly basis, prices increased 1-14% for some items like milk, chicken, mutton, and bread, while decreasing 10-17% for eggs, tomatoes, and tea. On a yearly basis, prices were up 7-20% for some foods and 3-13% for items like oil, cement, and urea, while potatoes saw a 183% price increase. Some commodities like tomatoes, onions, and gold saw price decreases. Internationally, prices decreased 1-14% for items like oil, gold, and sugar compared to last month, with mixed trends compared to last
This document analyzes the Sensitive Price Index (SPI) for essential commodities in Pakistan for May 2014. On a monthly basis, prices increased 1-14% for some items like milk, chicken, mutton, and bread, while decreasing 10-17% for eggs, tomatoes, and tea. On a yearly basis, prices were up 7-20% for some foods and 3-13% for items like oil, cement, and urea, while potatoes saw a 183% price increase. Some commodities like tomatoes, onions, and gold saw price decreases. Internationally, prices decreased 1-14% for items like oil, gold, and sugar compared to last month, with mixed trends compared to last
Insaf Research Team irt@insaf.pk Adnan F. Rehman: 03454888878 Faisal Hameed: 03314077640 Rana M. Ahmad: 03018444472 Shahbaz A. Khan:03147779222
Date: May 20, 2014
Insaf Research Team (IRT)
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SENSITIVE PRICE INDEX- SPI FOR THE MONTH MAY 2014 Preamble: Analysis report on SPI for the month of May 2014 is attached for the domestic and international prices of the essential basket of commodities. Comparison has been made from current month May 2014 to the last month April 2014 and from current month May 2014 to the last year of the same month May 2013.
Domestic prices monthly compassion: It is observed from the data of the domestic commodities that some of the prices this month of May 2014 have gone up and some of the prices have gone down as compared to the last month of April 2014.
On monthly comparison it is observed there is decreasing trend in the prices of milk, chicken, mutton, & bread prices have gone up in the range from 1% - 14% and significant decreasing trend in the prices of Eggs, Tomatoes, and Tea bags in the range of 10% - 17% as compared to the last month. There is also a decreasing trend in the prices Oil products as compared to the last month.
On the other hand there is increasing trend of prices in cotton and pulses products and these have gone up in the range of 1% 3%.
Insaf Research Team (IRT)
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Domestic prices yearly compassion: It is observed from the data of the domestic prices that some of the prices in this month of the year May 2014 have gone up and some of the prices have gone down as compared to the same month of last year May 2013.
On yearly comparison it is observed there is an increasing trend in the prices of milk, chicken, mutton, & bread that have gone up from 7% - 20%, Chicken 20%, oil product prices increased between 3%-6% and Urea, Cement prices between 3%-13%. There is drastic increasing trend in the prices of Potatoes that is 183% as compared to the last year of the same month.
On the other hand there is decreasing trend of prices in DAP, Gold, and furnace oil prices in the range of 5% and 13%. There is a significant decrease in the prices of tomatoes 47% and onion 26% respectively.
International prices compassion: it is observed from the data of international commodities there is decreasing trend in the prices of oil, gold, sugar and dap from last month in the range 1%-14%. However, there is a mix trend from the last year like gold, sugar and dap in the decreasing trend whereas, Oil, rice, wheat and urea prices gone up in the range of 1% to 5%.