SPI increases 1.42%

During the week under review, average prices of 33 items rose in a selected basket of goods, prices of four items f


Our Correspondent May 21, 2022
The prices of both non-perishable and perishable food products increased significantly last month. Photo: Reuters

ISLAMABAD:

The Sensitive Price Indicator (SPI) for the week ended May 19, 2022 registered an increase of 1.42% for the combined income group, going up from 172.63 points during the week ended May 12, 2022 to 175.08 points in the week under review. The SPI for the combined income group rose 16.54% compared to the corresponding week of previous year. The SPI for the lowest income group increased 1.46% compared to the previous week. The index for the group stood at 184.69 points against 182.03 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 33 items rose in a selected basket of goods, prices of four items fell and rates of remaining 14 goods recorded no change.

Published in The Express Tribune, May 21st, 2022.

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