SPI increases 0.45%

The Sensitive Price Indicator (SPI) for the week ended October 15, 2020 registered an increase of 0.45%


Our Correspondent October 17, 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

The Sensitive Price Indicator (SPI) for the week ended October 15, 2020 registered an increase of 0.45% for the combined income group, going up from 140.73 points during the week ended October 8, 2020 to 141.36 points in the week under review.

The SPI for the combined income group rose 9.20% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.45% compared to the previous week.

The index for the group stood at 149.16 points against 148.78 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 25 items rose in a selected basket of goods, prices of nine items fell and rates of remaining 17 goods recorded no change.

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