Week-on-week: SPI falls 0.14%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended February 23, 2017 registered a decrease of 0.14% for the combined income group, going down from 219.97 points in the previous week to 219.66 in the week under review. Compared to the corresponding week of the previous year, the SPI for the combined income group rose 2.15%. The SPI for the lowest income group also decreased 0.10% compared to the previous week. The index for the group stood at 209.89 points against 210.10 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 9 items rose in a selected basket of goods, prices of 13 items fell and rates of remaining 31 goods recorded no change.

Published in The Express Tribune, February 25^th, 2017.

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