Week-on-week SPI increases by 0.32%
The Sensitive Price Indicator for week ending July 14 showed an increase of 16.13 per cent compared to the same week last year. PHOTO: FILE
The Sensitive Price Indicator (SPI) for the week ended September 24, 2020 registered an increase of 0.32% for the combined income group, going up from 137.59 points during the week ended September 17, 2020 to 138.03 points in the week under review. The SPI for the combined income group rose 8.86% compared to the corresponding week of previous year. The SPI for the lowest income group increased by 0.32% compared to the previous week. The index for the group stood at 145.26 points against 144.42 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 22 items rose in a selected basket of goods, prices of eight items fell and rates of remaining 21goods recorded no change.
Published in The Express Tribune, September 27th, 2020.
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