Weekly inflation rises to 0.36pc
ISLAMABAD: The weekly inflation based on the Sensitive Price Indicator (SPI) ended on January 09 for the combined consumer group increased by 0.36 per cent compared to the previous week.
According to the latest data released by the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) for the week under review in the aforementioned group was recorded at 132.32 points versus 131.84 points registered in the previous week.
For all spending categories the weekly SPI with base year 2015-16=100 includes 17 urban centers and 51 essential items.
The Sensitive Price Indicator for the lowest consumption group up to Rs 17,732 saw an increase of 0.45 percent from last week’s 135.21 points to 135,82 points during the week under review.
The SPI for the combined consumption group in the week under review saw a rise of 20.07 per cent compared with the corresponding week of last year, while it decreased by 19.15 per cent for the lowest group.
Whereas, the SPI for consumption classes of Rs. 17,733-22,888, Rs. 22,889-29,517, Rs. 29,518-44,175 and above Rs 44,175 per month have increased by 0.44%, 0.42%, 0.41% and 0.30% respectively.
Average prices of 01 items registered a fall during the week under review, while that of 27 item prices increased with the remaining 23 item prices stable.
They included pulse gram, bananas, pulse mash, tomatoes, pulse moong, eggs, potatoes, garlic, gur, wheat flour, match box, pulse masoor, washing soap, chicken farm, sugar, powdered milk, mustard oil, vegetable ghee, LPG, cooked beef, toilet soap, cooking oil, georgett, bone beef, rice banaspati and IRRI rice.
Similarly, the prices of commodities that did not see any improvement in their price during the week under review included bread, moth, pure milk, curd, salt powder, chili powder, tea, cooked pulses, tea prepared, cigarettes, long cloth, shirts, lawn printed, gents sandals, ladies sandals, electricity, gas charges, complete firewood, energy saver bulb, gasoline, Hi-Speed Diesel, phone call charges.