Week-On-Week: SPI decreases 0.63%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended August 30, 2018 registered a decrease of 0.63% for the combined income group, going down from 228.6 points in the prior week to 227.17 in the week under review. However, the SPI for the combined income group rose 2.6% compared to the corresponding week of previous year. The SPI for the lowest income group decreased 0.64% compared to the previous week. The index for the group stood at 215.29 points against 216.68 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 15 items rose in a selected basket of goods, prices of 11 items fell and rates of remaining 27 goods recorded no change.

Published in The Express Tribune, September 1^st, 2018.

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