Week-On-Week: SPI declines 0.24%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended September 5, 2019 registered a decrease of 0.24% for the combined income group, going down from 124.58 points during the week ended August 29, 2019 to 124.28 points in the week under review. The SPI for the combined income group surged 16.55% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.17% compared to the previous week. The index for the group stood at 127.06 points against 126.84 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 24 items rose in a selected basket of goods, prices of 10 items fell and rates of remaining 17 goods recorded no change.

Published in The Express Tribune, September 14^th, 2019.

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