Weekly inflation increases by 0.49pc

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ISLAMABAD – The Sensitive Price Indicator (SPI) for the week ended on March 28 for the lowest income group up to Rs.8,000, registered increase of 0.49 per cent as compared to the previous week. The SPI for the week under review in the above mentioned group was recorded at 187.94 points against 187.02 points registered in the previous week, according to provisional figures released by Pakistan Bureau of Statistics (PBS) here Friday.

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 increased by 0.49 per cent as it went up from 191.97 points in the previous week to 192.17 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 increase of 6.13 per cent.
As compared to the last week, the SPI for the income groups from Rs.8001- 12,000, 12,001-18,000, 18001-35,000 and above Rs.35,000 increased by 0.50 percent, 0.50 percent, 0.50 percent and 0.47 percent respectively.

During the week under review average prices of 13 items registered decrease, while that of 17 items increase with the remaining 23 items’ prices unchanged.
The items which registered decrease in their prices during the week under review included, tomato, egg (farm), potato, gram pulses (washed), wheat, red chillies powder, vegetable ghee (loose), mash pulses (washed), gur, L.P.G cylinder, masoor pulses (washed) and mustard oil.
The items which recorded increase in their average prices included onions, chicken (farm), sugar, bananas, long cloth, lawn, shirting, cooked dal (plate), energy savor, garlic, mutton, georgette, rice basmati (broken), beef cooked,beef (plate), moong pulse (washed) and cooking oil (tin).

`The items with no change in their average prices during the week under review included rice irri-6, bread plain, curd, milk fresh, milk powder, vegetable ghee (tin), salt powder, tea, tea prepared (cup), cigarettes, chapal spang, sandal ladies, electric charges, gas charges, kerosene oil, fire wood, washing soap, match box, petrol, diesel, telephone call and bath soap.


Courtesy: The Nation

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