Weekly inflation takes a plunge

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The Sensitive Price Indicator (SPI) for the week ended on November 8, for the lowest income group up to Rs.8,000, registered decrease of 0.13 per cent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 181.77 points against 182.01 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (PBS). 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 0.15 per cent as it declined from 187.58 points in the previous week to 187.29 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 4.52 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 0.14 percent, 0.16 percent, 0.16 and 0.15 percent respectively.
During the week under review average prices of 7 items registered decrease, while that of 17 items increase with the remaining 29 items’ prices unchanged. The items which recorded decrease in their average prices during the week under review included tomatoes, onions, red chillies (powder), chicken live (farm), vegetable ghee (loose), potatoes, moong pulse (washed).
The items which registered increase in their prices included gur, egg hen (farm), wheat, sugar, wheat flour (bag), tea (packet), bananas, LPG( 11 kg cylinder), firewood, masoor pulse (washed), georgette, washing soap, mash pulse (washed), energy savor, mustard oil, rice basmati (broken) and garlic. The items with no change in their average prices during the week under review included rice (irri-6), bread (plain), beef, mutton, milk (fresh), curd, milk (powdered), cooking oil (tin), vegetable ghee (tin), gram pulse (washed), salt powdered (loose), cooked beef, cooked dal tea (prepared), cigarettes, long cloth, shirting, lawn, sandal (gents), chappal (gents), sandal (ladies), electric charges, gas charges (upto 100m3), kerosene oil, match box, petrol, diesel, telephone local call and bath soap.

1 COMMENT

  1. The general public wants cheap items and these statistics.These items are locally make,then why so costly.only talking,no control no management no administrtion.For what local governments are doing and raising big big slogans only Public will not satisfy by talkind and useless so-called claims.do betterment for general public.

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