ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 2.83 per cent year-on-year in the week ending Dec 25 owing to an increase in the retail price of edible oil and meat, Pakistan Bureau of Statistics data showed on Friday.

The SPI recorded an upward trend for the past 21 consecutive weeks. The increase is mainly driven by a surge in prices of perishable products, as well as chicken, pulses, and electricity prices.

It, however, declined by 0.09pc from the previous week due to a decline in prices of perishable........

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