SPI increases 0.61%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended August 12, 2021 registered an increase of 0.61% for the combined income group, going up from 150.88 points during the week ended August 5, 2021 to 151.80 points in the week under review. The SPI for the combined income group rose 13.33% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.65% compared to the previous week. The index for the group stood at 163.62 points against 162.57 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 18 items rose in a selected basket of goods, prices of six items fell and rates of remaining 27 goods recorded no change. 

Published in The Express Tribune, August 14^th, 2021.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.