SPI decreases 1.28%

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended April 21, 2022 registered a decrease of 1.28% for the combined income group, going down from 173.27 points during the week ended April 14, 2022 to 171.05 points in the week under review. The SPI for the combined income group rose 15.42% compared to the corresponding week of previous year. The SPI for the lowest income group fell 1.62% compared to the previous week. The index for the group stood at 179.52 points against 182.48 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 10 items fell and rates of remaining 22 goods recorded no change.

Published in The Express Tribune, April 23^rd, 2022.

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