SPI declines 0.09%

The SPI for the lowest income group has decreased 0.08% compared to the previous week


Our Correspondent June 26, 2019
PHOTO: FILE

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended June 20, 2019 registered a decrease of 0.09% for the combined income group, going down from 257.63 points during the week ended June 13, 2019, to 257.41 in the week under review. However, the SPI for the combined income group surged 11.87% compared to the corresponding week of the previous year. The SPI for the lowest income group decreased 0.08% compared to the previous week. The index for the group stood at 236.68 points against 236.88 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 21 items rose in a selected basket of goods, prices of seven items fell and rates of remaining 25 goods recorded no change.  

Published in The Express Tribune, June 26th, 2019.

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