KARACHI: During the week ended October 23, 2014, the weekly Sensitive Price Indicator (SPI) inflation increased by 2.89 per cent, as per the provisional data, released by Pakistan Bureau of Statistics.
The data reveals that Sensitive Price Indicator for the week under review was recorded at 215.86 points against 209.79 over the same period of 2013. The inflation decrease reflected an increase in prices of some essential goods. SPI inflation decreased by 0.33 per cent this week as compared to the previous week, coming down from 216.58 points to 215.86 points.
The SPI for the lowest income group up to Rs 8,000 registered an increase of 3.48 percent during the week under review as compared to the same period last year. The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centres and 53 essential items for all income groups.
