Week-On-Week: SPI rises 0.35%

The SPI for the combined income group increased 0.44%

ISLAMABAD:
The Sensitive Price Indicator (SPI) for the week ended May 21 registered an increase of 0.35% over the previous week for the lowest income group. The SPI for the group stood at 203.39 points against 202.69 points in the previous week, according to provisional figures released by the Pakistan Bureau of Statistics. The SPI for the combined income group increased 0.44% from 210.69 points in the previous week to 211.62 in the week under review. Compared to the corresponding week of last year, the SPI for the combined income group rose 0.96%. During the week, average prices of seven items fell in a selected basket of goods, prices of 19 items rose and rates of remaining 27 goods recorded no change.


Published in The Express Tribune, May 23rd, 2015.