Week-On-Week: SPI drops 0.03%

Down from 222.38 points in the previous week to 222.31 points in the week under review


Our Correspondent February 10, 2018
Sensitive Price Indicator showed 0.03% fall for combined income groups PHOTO: FILE

The Sensitive Price Indicator (SPI) for the week ended February 9, 2018 registered a decrease of 0.03% for the combined income group, going down from 222.38 points in the previous week to 222.31 points in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.66%. The SPI for the lowest income group decreased 0.13% compared to the previous week. The index for the group stood at 210.82 points against 211.10 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of eight items rose in a selected basket of goods, prices of 14 items fell and rates of remaining 31 goods recorded no change.

Published in The Express Tribune, February 10th, 2018.

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