Week-On-Week: SPI edges up 0.11%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended October 27, 2016 registered a rise of 0.11% for the combined income group, going up from 220.35 points in the previous week to 220.59 in the week under review. Compared to the corresponding week of last year, the SPI for the combined income group rose 1.51%. The SPI for the lowest income group also edged up 0.15% compared to the previous week. The index for the group stood at 212.18 points against 211.86 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 14 items rose in a selected basket of goods, prices of 7 items fell and rates of remaining 32 goods recorded no change.

Published in The Express Tribune, October 29^th, 2016.

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