Inflation: Index down 0.53% during week

The SPI for combined groups was down by 0.37%; down from 189.03 points in previous week to 188.33 points this week.

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended September 27 has registered a decrease of 0.53% over the previous week for the lowest income group. The SPI for the week under review for the above mentioned group was recorded at 182.31 points against 183.28 points registered in the previous week, according provisional figures from the Pakistan Bureau of Statistics. The SPI for combined groups was down by 0.37%; down from 189.03 points in the previous week to 188.33 points this week. Compared to the corresponding week last year, the SPI for combined groups is inflated 7.46%. During the week under review, average prices of indexed items changed as follows: 16 items registered a decrease, 9 items increased and the remaining 28 items’ prices remained unchanged.

Published in The Express Tribune, September 29^th, 2012.