Week-on-week SPI rises 0.76%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended September 12, 2019 registered an increase of 0.76% for the combined income group, going up from 124.34 points during the week ended September 5, 2019 to 125.29 points in the week under review.

The SPI for the combined income group surged 17.30% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.87% compared to the previous week.

The index for the group stood at 128.19 points against 127.08 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 25 items rose in a selected basket of goods, prices of five items fell and rates of remaining 21 goods recorded no change.  

Published in The Express Tribune, September 19^th, 2019.

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