Week-on-week" SPI increases 1.24%

The SPI for the combined income group rose 11.28% compared to the corresponding week of previous year


Our Correspondent October 10, 2020
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

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended October 8, 2020 registered an increase of 1.24% for the combined income group, going up from 139.01 points during the week ended October 1, 2020 to 140.73 points in the week under review.

The SPI for the combined income group rose 11.28% compared to the corresponding week of previous year.

The SPI for the lowest income group increased by 1.24% compared to the previous week. The index for the group stood at 148.78 points against 146.49 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 four items fell and rates of remaining 23 goods recorded no change.

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