SPI decreases 0.26%

The SPI for the lowest income group decreased 0.26% compared to the previous week


Our Correspondent December 12, 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

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The Sensitive Price Indicator (SPI) for the week ended December 10, 2020 registered a decrease of 0.26% for the combined income group, going down from 141.41 points during the week ended December 3, 2020 to 141.04 points in the week under review. The SPI for the combined income group rose 8.44% compared to the corresponding week of previous year. The SPI for the lowest income group decreased 0.26% compared to the previous week. The index for the group stood at 147.46 points against 148.29 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 16 items rose in a selected basket of goods, prices of 13 items fell and rates of remaining 22 goods recorded no change.

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