Week-On-Week: SPI rises 0.04%

During the week, prices of seven items fell and rates of remaining 31 goods recorded no change

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended December 28, 2017 registered an increase of 0.04% for the combined income group, going up from 226.0 points in the previous week to 226.09 points in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group rose 3.66%. The SPI for the lowest income group decreased 0.08% compared to the previous week. The index for the group stood at 215.49 points against 215.67 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 seven items fell and rates of remaining 31 goods recorded no change.

Published in The Express Tribune, December 30^th, 2017.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.