SPI increases 3.65%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended October 11, 2018 registered an increase of 3.65% for the combined income group, going up from 230.4 points in the prior week to 238.82 in the week under review.

However, the SPI for the combined income group rose 6.52% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.7% compared to the previous week.

The index for the group stood at 219.79 points against 218.27 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics.

During the week, average prices of 19 items rose in a selected basket of goods, prices of five items fell and rates of remaining 29 goods recorded no change.

Published in The Express Tribune, October 13^th, 2018.

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