SPI decreases 0.23%

KARACHI:

The Sensitive Price Indicator (SPI) for the week ended October 22, 2020 registered a decrease of 0.23% for the combined income group, going down from 141.36 points during the week ended October 15, 2020 to 141.04 points in the week under review. The SPI for the combined income group rose 8.76% compared to the corresponding week of previous year. The SPI for the lowest income group decreased 0.23% compared to the previous week. The index for the group stood at 148.51 points against 149.16 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 14 items rose in a selected basket of goods, prices of 11 items fell and rates of remaining 26 goods recorded no change.