Inflation: Index increases 0.64% during week
The SPI for the combined groups also increased by 0.65%; from 209.60 points in the previous week to 210.96 this week.
ISLAMABAD:
The Sensitive Price Indicator (SPI), for the week ended May 29, 2014, has registered a decrease of 0.17% over the previous week for the lowest income group. The SPI for the week under review for the above mentioned group was recorded at 201.76 points against 200.47 registered in the previous week, according to provisional figures from the Pakistan Bureau of Statistics. The SPI for the combined groups also increased by 0.65%; from 209.60 points in the previous week to 210.96 this week. Compared to the corresponding week last year, the SPI for combined groups inflated 9.27%. During the week under review, average prices of indexed items changed as follows — 7 items registered a decrease, 19 items increased and the remaining 27 items remained unchanged.
Published in The Express Tribune, May 31st, 2014.
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