SPI increases 1.65%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended January 31, 2019 registered a surge of 1.65% for the combined income group, going up from 238.21 points in the prior week to 242.14 in the week under review. However, the SPI for the combined income group rose 8.89% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.64% compared to the previous week. The index for the group stood at 222.21 points against 220.8 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 nine items fell and rates of remaining 29 goods recorded no change.

Published in The Express Tribune, February 2^nd, 2019.

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