Week-On-Week: SPI falls 0.31%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended November 23, 2017 registered a decrease of 0.31% for the combined income group, going down from 225.81 points in the previous week to 225.11 points in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group rose 2.06%. The SPI for the lowest income group decreased 0.44% compared to the previous week. The index for the group stood at 215.45 points against 216.40 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of nine items rose in a selected basket of goods, prices of 11 items fell and rates of remaining 33 goods recorded no change.

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

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