SPI increases 0.2%

The Sensitive Price Indicator (SPI) for the week ended October 14, 2021 registered an increase of 0.2% for the combined income group, going up from 158.94 points during the week ended October 7, 2021 to 159.26 points in the week under review. The SPI for the combined income group rose 12.66% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.15% compared to the previous week. The index for the group stood at 170.22 points against 169.96 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 10 items fell and rates of remaining 19 goods recorded no change. 

Published in The Express Tribune, October 16^th, 2021.

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