The Sensitive Price Indicator for week ending July 14 showed an increase of 16.13 per cent compared to the same week last year. PHOTO: FILE
ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended November 24, 2016 registered an increase of 0.68% for the combined income group, going up from 220.57 points in the previous week to 222.08 in the week under review. Compared to the corresponding week of last year, the SPI for the combined income group rose 1.69%. The SPI for the lowest income group also increased 0.51% compared to the previous week. The index for the group stood at 213.23 points against 212.15 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 11 items fell and rates of remaining 28 goods recorded no change.
Published in The Express Tribune, December 3rd, 2016.
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