Week-On-Week: SPI drops 0.19%

Sensitive Price Indicator showed 0.19% fall for combined income groups

Sensitive Price Indicator showed 0.19% fall for combined income groups PHOTO: FILE

ISLAMABAD:
The Sensitive Price Indicator (SPI) for the week ended February 2, 2018 registered a decrease of 0.19% for the combined income group, going down from 222.80 points in the previous week to 222.38 points in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.69%. The SPI for the lowest income group decreased 0.40% compared to the previous week. The index for the group stood at 211.10 points against 211.94 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 13 items rose in a selected basket of goods, prices of 16 items fell and rates of remaining 24 goods recorded no change.


Published in The Express Tribune, February 3rd, 2018.

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