Week-on-week: SPI increases by 0.71%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended October 1, 2020 registered an increase of 0.71% for the combined income group, going up from 145.26 points during the week ended September 24, 2020 to 146.49 points in the week under review. The SPI for the combined income group rose 9.43% compared to the corresponding week of previous year. The SPI for the lowest income group increased by 0.71% compared to the previous week. The index for the group stood at 146.49 points against 145.26 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 three items fell and rates of remaining 24 goods recorded no change.

Published in The Express Tribune, October 3^rd, 2020.

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