SPI increases 0.04%

The Sensitive Price Indicator (SPI) for the week ended March 3, 2022 registered an increase of 0.04% for the combined income group, going up from 170.47 points during the week ended February 24, 2022 to 170.53 points in the week under review. The SPI for the combined income group rose 15.23% compared to the corresponding week of previous year. The SPI for the lowest income group increased 0.12% compared to the previous week. The index for the group stood at 178.1 points against 177.88 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 19 items rose in a selected basket of goods, prices of 13 items fell and rates of remaining 19 goods recorded no change.

Published in The Express Tribune, March 5^th, 2022.

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