Sensitive Price Indicator: SPI registers nominal decrease

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 15 registered a decrease of 0.11 per cent over the previous week for the lowest income group, according to the Federal Bureau of Statistics (FBS).  The weekly SPI has been computed with the base year 2000-2001=100, covering 17 urban centres and 53 essential items for all income groups and combined. The SPI for the combined group registered a decrease of 0.11 per cent, as it went down from 319.91 points in the previous week to 307.57 points in the week under review. Compared to last year’s corresponding week, the SPI for the combined group in the week under review witnessed an increase of 10.17 per cent. Compared to the last week, the SPI for the income groups  of Rs3,001-Rs5,000, Rs5,001-Rs12,000 and above Rs12,000 decreased by 0.12 per cent, 0.11 per cent and 0.09 per cent, respectively.

Published in The Express Tribune, September 18^th, 2011.