SPI increases 0.19% 

During the week, average prices of 23 items rose in a selected basket of goods


Our Correspondent March 16, 2019
During the week, average prices of 23 items rose in a selected basket of goods. PHOTO: FILE

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended March 14, 2019 registered a rise of 0.19% for the combined income group, going up from 248.29 points in the prior week to 248.77 in the week under review. However, the SPI for the combined income group surged 12.23% compared to the corresponding week of previous year. The SPI for the lowest income group also increased 0.38% compared to the previous week. The index for the group stood at 228.53 points against 227.67 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 23 items rose in a selected basket of goods, prices of 11 items fell and rates of remaining 19 goods recorded no change.

Published in The Express Tribune, March 16th, 2019.

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