ISLAMABAD: The weekly inflation measured through Sensitive Price Indicator (SPI) for the week ended on April 2 has increased by 0.20 per cent to 200.00 points for the lowest income group up to Rs8,000 as compared to the previous week’s 199.61 points.
According to data of Pakistan Bureau of Statistics (PBS), 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. Meanwhile, the SPI for the combined income group was also increased by 0.46 percent as it went up from 206.78 points in the previous week to 207.74 points in the week under review.
Similarly, as compared to the corresponding week of last year, the SPI for the combined group in the week under review decreased by 2.34 percent.
As compared to the last week, the SPI for the income groups from Rs8001-12,000, Rs12,001-18,000 and 18,001-35,000 increased by 0.27, 0.35 and 0.45 percent respectively.
During the week under review average prices of 16 items registered decrease, while that of 10 items increase with the remaining 27 items’ prices unchanged.