SPI increases 1.38%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended October 29, 2020 registered an increase of 1.38% for the combined income group, going up from 141.04 points during the week ended October 22, 2020 to 142.98 points in the week under review. The SPI for the combined income group rose 9.68% compared to the corresponding week of previous year. The SPI for the lowest income group increased 1.38% compared to the previous week. The index for the group stood at 151.34 points against 148.51 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 17 items rose in a selected basket of goods, prices of seven items fell and rates of remaining 27 goods recorded no change.

Published in The Express Tribune, November 4^th, 2020.

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