The Sensitive Price Indicator (SPI) for the week ended on October 4, for the lowest income group up to Rs.8,000, registered decrease of 0.53 per cent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 181.34 points against 182.31 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (FBS). The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined. The SPI for the combined group decreased by 0.73 per cent as it went down from 188.33 points in the previous week to 186.96 points in the week under review.
As compared to the corresponding week of last year, the SPI for the combined group in the week under review witnessed increase of 6.41 percent.
As compared to the last week, the SPI for the income groups from Rs.8001- 12,000, 12,001-18,000, 18001-35,000 and above Rs.35,000 decreased by 0.56 percent, 0.61 percent, 0.71 and 0.88 percent respectively. During the week under review average prices of 20 items registered decrease, while that of 06 items increase with the remaining 27 items’ prices unchanged.
The items which recorded decrease in their average prices during the week under review included onions, chicken live (farm), petrol, bananas, tomatoes, lawn, potatoes, kerosene, gur, moong pulse (washed), vegetable ghee (loose), masoor pulse (washed), mustard oil, red chillies (powder), wheat flour (bag), sugar, gram pulse (washed), rice (irri-6), diesel and mash pulse (washed).
The items which registered increase in their prices included egg hen (farm), LPG( 11 kg cylender), bread (plain), rice basmati (broken), long cloth and garlic.
The items with no change in their average prices during the week under review included wheat, beef, mutton, milk (fresh), curd, milk (powdered), cooking oil (tin), vegetable ghee (tin), salt (powdered), tea (packet), cooked beef, cooked dal, tea (prepared), cigarettes, shirting, georgette, sandal (gents), chappal (gents), sandal (ladies), electric charges, gas charges (upto 100m3), firewood, energy savor, washing soap, match box, telephone local call and bath soap.