Week-On-Week: SPI decreases 0.31%

Although the SPI for the combined income group rose 5.53% compared to the corresponding week of previous year

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended January 3, 2019 registered a decrease of 0.31% for the combined income group, going down from 238.58 points in the prior week to 238.85 in the week under review. However, the SPI for the combined income group rose 5.53% compared to the corresponding week of previous year. The SPI for the lowest income group fell 0.07% compared to the previous week. The index for the group stood at 220.11 points against 220.27 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. During the week, average prices of 21 items rose in a selected basket of goods, prices of 10 items fell and rates of remaining 22 goods recorded no change.

Published in The Express Tribune, January 5^th, 2019.

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