Business

SPI increases 0.22%

During the week, average prices of 15 items rose in a selected basket of goods

Our Correspondent November 03, 2018

During the week, average prices of 15 items rose in a selected basket of goods. PHOTO: FILE

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended October 1, 2018 registered an increase of 0.22% for the combined income group, going up from 238.46 points in the prior week to 238.98 in the week under review. However, the SPI for the combined income group rose 5.03% compared to the corresponding week of previous year. The SPI for the lowest income group fell 0.21% compared to the previous week. The index for the group stood at 218.86 points against 219.33 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 eight items fell and rates of remaining 30 goods recorded no change.

Published in The Express Tribune, November 3^rd, 2018.

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