SPI declines 0.19% 

Average prices of 22 items rose in a selected basket of goods


Our Correspondent March 23, 2019
Average prices of 22 items rose in a selected basket of goods. PHOTO: FILE

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended March 21, 2019 registered a decline of 0.19% for the combined income group, going down from 248.77 points in the prior week to 248.3 in the week under review. However, the SPI for the combined income group surged 12.12% compared to the corresponding week of previous year. The SPI for the lowest income group also decreased 0.25% compared to the previous week. The index for the group stood at 227.95 points against 228.53 in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 22 items rose in a selected basket of goods, prices of nine items fell and rates of remaining 22 goods recorded no change.  

Published in The Express Tribune, March 23rd, 2019.

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