Week-On-Week: SPI rises 0.83%

The combined income group went up from 257.5 points during the week


Our Correspondent July 10, 2019
PHOTO: FILE

ISLAMABAD: The Sensitive Price Indicator  (SPI) for the week ended July 4, 2019 registered an increase of 0.83% for the combined income group, going up from 257.5 points during the week ended June 27, 2019, to 259.63 in the week under review. However, the SPI for the combined income group surged 12.83% compared to the corresponding week of the previous year. The SPI for the lowest income group increased 0.92% compared to the previous week. The index for the group stood at 239.14 points against 236.95 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 38 items rose in a selected basket of goods, price of one item fell and rates of remaining 14 goods recorded no change.

Published in The Express Tribune, July 10th, 2019.

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