SPI increases 0.09%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended May 31, 2018 registered an increase of 0.09% for the combined income group, going up from 223.23 points in the previous week to 223.44 in the week under review. Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.04%.

The SPI for the lowest income group increased 0.08% compared to the previous week. The index for the group stood at 208.29 points against 208.13 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 seven items fell and rates of remaining 33 goods recorded no change.

Published in The Express Tribune, June 2^nd, 2018.

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