SPI increases 0.12%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended August 5, 2021 registered an increase of 0.12% for the combined income group, going up from 150.70 points during the week ended July 29, 2021 to 150.88 points in the week under review. The SPI for the combined income group rose 12.4% compared to the corresponding week of previous year. The SPI for the lowest income group decreased 0.10% compared to the previous week. The index for the group stood at 162.57 points against 162.73 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 11 items fell and rates of remaining 23 goods recorded no change.

Published in The Express Tribune, August 7^th, 2021.

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