SPI increases 0.55%
PHOTO: FILE
The Sensitive Price Indicator (SPI) for the week ended December 16, 2021 registered an increase of 0.55% for the combined income group, going up from 167.21 points during the week ended December 10, 2021 to 168.16 points in the week under review.
The SPI for the combined income group rose 19.49% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.45% compared to the previous week.
The index for the group stood at 177.32 points against 176.52 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics (PBS).
During the week under review, average prices of 17 items rose in a selected basket of goods, prices of 15 items fell and rates of remaining 19 goods recorded no change.
Published in The Express Tribune, December 18th, 2021.
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