SPI increases 2.41%

During week, average prices of 25 items rose, prices of five commodities fell

KARACHI:

The Sensitive Price Indicator (SPI) for the week ended February 25, 2021 registered an increase of 2.41% for the combined income group, going up from 143.63 points during the week ended February 18, 2021 to 147.09 points in the week under review.

The SPI for the combined income group rose 13.89% compared to the corresponding week of previous year.

The SPI for the lowest income group increased 6.65% compared to the previous week.

The index for the group stood at 158.36 points against 148.48 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 five items fell and rates of remaining 21 goods recorded no change.