Week-On-Week: SPI rises 0.23%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended May 3, 2018 registered an increase of 0.23% for the combined income group, going up from 223.26 points in the previous week to 223.77 points in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.71%. The SPI for the lowest income group increased 0.06% compared to the previous week. The index for the group stood at 210.39 points against 210.26 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 18 items rose in a selected basket of goods, prices of eight items fell and rates of remaining 27 goods recorded no change.

Published in The Express Tribune, May 5^th, 2018.

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