Week-On-Week: SPI inches up 0.02%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended August 3, 2017 registered an increase of 0.02% for the combined income group, going up from 218.75 points in the previous week to 218.80 in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group fell 0.05%. The SPI for the lowest income group increased 0.01% compared to the previous week. The index for the group stood at 208.32 points against 208.29 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 15 items rose in a selected basket of goods, prices of 13 items fell and rates of remaining 25 goods recorded no change.

Published in The Express Tribune, August 5^th, 2017.

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