Week-On-Week: SPI drops 0.64%

SPI for the lowest income group decreased 0.61% compared to the previous week


Our Correspondent January 20, 2018
President urges the government to provide interest-free loans to exporters on a five-year export plan. PHOTO: FILE

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended January 18, 2018 registered a decrease of 0.64% for the combined income group, going down from 224.88 points in the previous week to 223.45 points in the week under review. Compared to the corresponding week of the previous year, the SPI for the combined income group rose 2.27%. The SPI for the lowest income group decreased 0.61% compared to the previous week. The index for the group stood at 212.62 points against 213.92 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 11 items rose in a selected basket of goods, prices of 14 items fell and rates of remaining 28 goods recorded no change.

Published in The Express Tribune, January 20th, 2018.

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