Week-on-week: SPI rises 1.34%

During the week, average prices of 4 items fell in a selected basket of goods


Our Correspondent May 08, 2015

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended May 7 registered an increase of 1.34% over the previous week for the lowest income group. The SPI for the group stood at 203.24 points against 200.55 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. The SPI for the combined income group increased 1.35 % from 208.38 points in the previous week to 211.19 in the week under review. Compared to the corresponding week of last year, the SPI for the combined income group rose 1.08%. During the week, average prices of 4 items fell in a selected basket of goods, prices of 20 items rose and rates of remaining 29 goods recorded no change.

Published in The Express Tribune, May 9th,  2015.

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