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Home Breaking News

Short-term inflation eases further by 0.62pc

byCT Report
31/08/2024
in Breaking News, Business, Latest News
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ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed further decrease of 0.62 percent for the combined consumption groups during the week ended on August 29, the Pakistan Bureau of Statistics (PBS) reported.

According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 319.73 points as compared to 321.72 points during the past week.

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As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 15.34 per cent.

The weekly SPI with the base year 2015-16 =100 covers 17 urban centres and 51 essential items for all expenditure groups.

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