Week-On-Week: SPI remains stable

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended August 9, 2018 remained stable at 229.55 points for the combined income group compared with the same level in the previous week. However, the SPI for the combined income group rose 4.38% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.08% compared to the previous week. The index for the group stood at 217.55 points against 217.37 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 17 items rose in a selected basket of goods, prices of seven items fell and rates of remaining 29 goods recorded no change.

Published in The Express Tribune, August 11^th, 2018.

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