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Weekly inflation witnesses increase

byCustoms Today Report
20/09/2014
in Business
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ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 18, for the lowest income group up to Rs8,000, registered nominal increase of 0.20 per cent as compared to the previous week.

According to data of Pakistan Bureau of Statistics (PBS), the SPI for the week under review in the above mentioned group was recorded at 209.70 points against 209.28 points registered in the previous week. The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centres and 53 essential items for all income groups and combined.

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The SPI for the combined group increased by 0.18 per cent as it went up from 217.06 points in the previous week to 217.46 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 increased of 7.09 percent.

As compared to the last week, the SPI for the income groups from Rs.8001-12,000, Rs.12,001-18,000, Rs.18001-35,000 and above Rs.35,000 increased by 0.20 percent, 0.19 percent, 0.19 percent and 0.17 percent respectively.

Tags: combined groupessential itemsincome groupslowest income groupPakistan Bureau of StatisticsPBSSensitive Price IndicatorSPIWeekly inflation

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