SPI increases 0.22%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended August 26, 2021 registered an increase of 0.22% for the combined income group, going up from 151.8 points during the week ended August 19, 2021 to 152.12 points in the week under review. The SPI for the combined income group rose 12.67% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.2% compared to the previous week. The index for the group stood at 163.94 points against 163.62 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). During the week, average prices of 22 items rose in a selected basket of goods, prices of five items fell and rates of remaining 24 goods recorded no change.

Published in The Express Tribune, August 28^th, 2021.

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