Week-on-week: SPI decreases by 0.14%

SPI for the combined income group rose 8.39%


Our Correspondent August 30, 2020
PHOTO: REUTERS

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended August 27, 2020 registered a decrease of 0.14% for the combined income group, going down from 135.22 points during the week ended August 20, 2020 to 135.03 points in the week under review.

The SPI for the combined income group rose 8.39% compared to the corresponding week of the previous year. The SPI for the lowest income group decreased by 0.08% compared to the previous week. The index for the group stood at 141.50 points against 141.62 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS).

During the week, average prices of 12 items rose in a selected basket of goods, prices of 11 items fell and rates of the remaining 28 goods recorded no change.

Published in The Express Tribune, August 30th, 2020.

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