Inflation: Index falls 1.24% during the week
The SPI for the combined groups decreased by 0.98%.
ISLAMABAD:
The Sensitive Price Indicator (SPI), for the week ended April 24, 2014, has registered a decrease of 1.24% over the previous week for the lowest income group. The SPI for the week under review for the above mentioned group was recorded at 202.60 points against 205.15 registered in the previous week, according to provisional figures from the Pakistan Bureau of Statistics. The SPI for the combined groups decreased by 0.98%; down from 212.71 points in the previous week to 210.62 this week. Compared to the corresponding week last year, the SPI for combined groups inflated 9.88%. 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 remained unchanged.
Published in The Express Tribune, April 26th, 2014.
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