Week-on-week: SPI rises 0.50%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended September 08 registered a rise of 0.50% for the combined income group, going up from 217.49 points in the previous week to 218.58 in the week under review. Compared to the corresponding week of last year, the SPI for the combined income group rose 1.83%. The SPI for the lowest income group also increased 0.66% compared to the previous week. The index for the group stood at 210.35 points against 208.97 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 16 items rose in a selected basket of goods, prices of 8 items fell and rates of remaining 29 goods recorded no change.

Published in The Express Tribune, September 10^th, 2016.

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