Business

Inflation: SPI down 0.36% during week

SPI for the lowest income group has registered a decrease of 0.54% over the previous week.

APP April 19, 2013 Less than a minute read

Compared to the corresponding week last year, the SPI for combined groups inflated 3.92%. DESIGN: ASAD SALEEM

ISLAMABAD:

The Sensitive Price Indicator (SPI), for the week ended April 18 has registered a decrease of 0.54% over the previous week for the lowest income group.

The SPI for the week under review for the above mentioned group was recorded at 185.78 points against 186.79 points registered in the previous week, according provisional figures from the Pakistan Bureau of Statistics.

The SPI for combined groups was down by 0.36%; down from 192.27 points in the previous week to 191.58 points this week. Compared to the corresponding week last year, the SPI for combined groups inflated 3.92%.

During the week under review, average prices of indexed items changed as follows: 14 items registered a decrease, 19 items increased and the remaining 20 items’ prices remained unchanged.

Published in The Express Tribune, April 20^th, 2013.

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