Week-on-week SPI rises 0.31%

SPI for the combined income group surged 10.10% compared to the corresponding week of previous year


Our Correspondent July 31, 2020

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended on July 29, 2020 registered an increase of 0.31% for the combined income group, going up from 133.89 points during the week ended July 23, 2020 to 134.31 points in the week under review. The SPI for the combined income group surged 10.10% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.59% compared to the previous week. The index for the group stood at 140.87 points against 140.05 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 17 items rose in a selected basket of goods, prices of eight items fell and rates of remaining 26 goods recorded no change.

Published in The Express Tribune, August 1st, 2020.

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