Inflation: Index down 0.27% during week

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended November 1 registered a decrease of 0.27% over the previous week for the lowest income group. The SPI for the week under review for the above mentioned group was recorded at 182.01 points against 182.5 points registered in the previous week, according to provisional figures from the Pakistan Bureau of Statistics. The SPI for combined groups was down by 0.14%; down from 187.75 points in the previous week to 187.58 points this week. Compared to the corresponding week last year, the SPI for combined groups inflated 5.57%. During the week under review, average prices of indexed items changed as follows: 17 items registered a decrease, 7 items increased and the remaining 29 items’ prices remained unchanged.

Published in The Express Tribune, November 3^rd, 2012.