Inflation: Index falls 0.27% during week

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended May 8, 2014, has 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 200.32 points against 202.86 registered in the previous week, according to provisional figures from the Pakistan Bureau of Statistics. The SPI for the combined groups decreased by 0.18%; down from 209.31 points in the previous week to 208.94 this week. Compared to the corresponding week last year, the SPI for combined groups inflated 9.06%. During the week under review, average prices of indexed items changed as follows — 17 items registered a decrease, 11 items increased and the remaining 25 items remained unchanged.

Published in The Express Tribune, May 10^th, 2014.

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