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Saturday, November 23, 2024  
20 Jumada Al-Awwal 1446  

Weekly Inflation down by 0.54%

ISLAMABAD:-The Sensitive Price Indicator (SPI) for the week ended on December 11 for the lowest income group up to Rs. 8,000 registered decrease of 0.54 percent as compared to the previous week.

The SPI for the week under review in the above mentioned group was

recorded at 203.37 points against 204.47 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).

The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.

The SPI for the combined group decreased by 0.40 per cent as it went down from 212.10 points in the previous week to 211.25 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 decreased by 0.05 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 decreased  by 0.49 percent, 0.45 percent, 0.41 percent and 0.33 percent respectively.

During the week under review average prices of 17 items registered decrease, while that of 07 items increase with the remaining 29 items' prices

unchanged.

The items which registered decrease in their prices during the week under review included potatoes, onions, eggs hen (farm), gur, pulse gram (washed), sugar refined, pulse mash (washed), LPG cylinder(11 kg), bananas, pulse masoor (washed),vegetable ghee, (loose), cooking oil (ten), rice basmati (broken), vegetable ghee (tin), red chilli powder and wheat flour (bag).

The items which recorded increase in their average prices included tomatoes, pulse moong (washed), what, chicken farm (live), garlic, kerosene oil and beef with bone.

The items with no change in their average prices during the week under review included bread plain (medium size), mutton, milk fresh, powder milk, mustard oil, salt powder, tea, cooked beef (plate), cooked dal (plate), tea prepared cup, cigarettes, long cloth, shirting, lawn printed, georgette, gents sandal, gents chappal, ladies sandal, electric charges, gas charges, fire wood, electric bulb, washing soap, petrol, hi-speed diesel, telephone local charges and bath soap.

-APP