ISLAMABAD:
The Sensitive Price Indicator (SPI) for the week ended on August 25 registered a nominal increase of 0.15% over the previous week for the lowest income group, according to the Federal Bureau of Statistics.
The weekly SPI has been computed with the base year 2000-2001 = 100, covering 17 urban centres and 53 essential items for all income groups and combined. The SPI for the combined group registered an increase of 0.04 per cent from 304.83 in the previous week to 304.70 in the week under review.
Compared to last year’s corresponding week, the SPI for combined group witnessed an increase of 15.94%. Compared to the last week, the SPI for the income groups of Rs3,001-Rs5,000 and above Rs12,000 witnessed the increase of 0.12% and zero per cent, respectively.
Published in The Express Tribune, August 28th, 2011.
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Headline inflation has clear reached a pletaeau but is till too high.