ISLAMABAD, February 8: Federal Minister for Finance and Revenue Shaukat Tarin presided over the meeting of National Price Monitoring Committee (NPMC), held at the Finance Division Tuesday.
Federal Minister for Food Security & Research Syed Fakhar Imam, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood, Secretary Ministry of National Food Security & Research, Secretary Ministry of Industries & Production, Provincial Chief Secretaries, Economic Advisor Finance Division, MD Utility Stores Corporation, Chairman TCP, Chief Statistician PBS, Member customs FBR, Deputy Commissioner ICT and other senior officers participated in the meeting.
Economic Adviser Finance Division briefed the NPMC about weekly SPI which witnessed increase by 1.35% as compared to previous week which was decline of 0.11%. 33 food items contributed increase of 1.30%, whereas 18 non-food items contributed increase of 0.05% to the SPI.
NPMC was informed that prices of 23 items remained stable in the last week. Whereas prices of 06 items decreased contributed decline in SPI by 0.17%. The items shown decline included Potatoes by 0.05%, Onions by 0.03%, Eggs by 0.04% and other by 0.05%.
While prices of 22 items increased that contributed increase in SPI by 1.52% which included Tomatoes by 0.97%, Chicken by 0.40%, Garlic by 0.02% and others by 0.13%. NPMC was informed that Potatoes, Onions, Eggs, Sugar, Moog Pulse, Mash Pulse have shown decline in the prices during the last week.
On the prices of wheat flour, NPMC was informed that Wheat Flour prices in Quetta remained on higher side as compared to other parts of the country. TLTP