SPI decreases 0.68%

prices of 17 items rose in a selected basket of goods


Our Correspondent April 16, 2022
Terming inflation another problem for Pakistan, the governor blamed global commodity prices for the upsurge. photo: reuters

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended April 14, 2022 registered a decrease of 0.68% for the combined income group, going down from 174.45 points during the week ended April 7, 2022 to 173.27 points in the week under review. The SPI for the combined income group rose 16.44% compared to the corresponding week of previous year. The SPI for the lowest income group fell 1.01% compared to the previous week. The index for the group stood at 182.48 points against 184.35 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 10 items fell and rates of remaining 24 goods recorded no change.

Published in The Express Tribune, April 16th, 2022.

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