SPI decreases 0.41% 

During the week, average prices of 18 items rose in a selected basket of goods

During the week, average prices of 18 items rose in a selected basket of goods. PHOTO:FILE

ISLAMABAD:
The Sensitive Price Indicator (SPI) for the week ended August 16, 2018 registered a decrease of 0.41% for the combined income group, going down from 229.55 points in the previous week to 228.6 in the week under review. However, the SPI for the combined income group rose 4.18% compared to the corresponding week of previous year. The SPI for the lowest income group decreased 0.4% compared to the previous week. The index for the group stood at 216.68 points against 217.55 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 nine items fell and rates of remaining 26 goods recorded no change.


Published in The Express Tribune, August 18th, 2018.

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