ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), increased 3.75 per cent year-on-year in the week ending on Dec 18, owing to an increase in the retail price of edible oil and meat in the domestic market.

The SPI-based inflation recorded an upward trend for the 20th consecutive week. The increase is mainly driven by a surge in prices of perishable products, as well as chicken, pulses, LPG cylinders and........

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