Pakistan Today

Sensitive Price Indicator increase by 0.49 percent

The Sensitive Price Indicator (SPI), for the week ended march 28 has registered an increase of 0.49% over the previous week for the lowest income group. The SPI for the week under review for the above mentioned group was recorded at 187.94 points against 187.02 points registered in the previous week, according provisional figures from the Pakistan Bureau of Statistics. The SPI for combined groups was up 0.49%; up from 191.97 points in the previous week to 192.91 points this week. The PBS data stated that the weekly inflation for the income group earning between Rs 8,001 and Rs 12,000 per month witnessed an increase of 0.50 percent, while the SPI for the mid-level income group earning Rs 12,001 to Rs 18,000 per month witnessed a surge of 0.50 percent as compared to the previous week. The SPI for the group earning between Rs 18,001 to Rs 35,000 witnessed increase of 0.50% while for the segment earning above Rs 35,000 showed surge of 0.47%. PBS statistical data further revealed that average price of 17 items registered increased. These items includes, onion, chicken live, sugar, bananas, cooked dal plate, garlic, motton, rice basmati broken, beef, cooked beef plate, moong pulsed washed, and cooking oil. 13 items that registered decreased were tomatoes, egg, potatoes, wheat, red chillies, veg ghee loose, gur, LPG (11 kg cylinder), wheat flour bag, masoor pulse washed, and mustard oil.

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