SPI increases 0.53%

SPI increases 0.53%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended February 4, 2021 registered an increase of 0.53% for the combined income group, going up from 140.88 points during the week ended January 28, 2021 to 141.62 points in the week under review.

The SPI for the combined income group rose 7.82% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.46% compared to the previous week.

The index for the group stood at 146.45 points against 145.78 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS).

During the week, average prices of 31 items rose in a selected basket of goods, prices of seven items fell and rates of remaining 13 goods recorded no change.

Published in The Express Tribune, February 7th, 2021.

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