Weekly inflation measured by the Sensitivity Price Indicator (SPI) for the week ended August 9th, 2018 registered a 0% increase for the combined income group, this week with the indicator at the same level of 229.55 points, as was last week.
Compared to the corresponding period of the previous year, SPI increased by 4.38% on a year on year (YoY) basis. SPI on a YoY basis during the previous week ending on July 26, 2018 had been recorded at 4.91%.
Of the 53 items monitored, the average prices of 17 items registered an increase, while 7 items registered a decreased, and 29 items remained unchanged.
The items, which registered a decrease in their prices during the week under review include farm chicken, bananas, onions, potatoes, pulse mash, pulse moong, and mustard oil.
The items, which registered an increase in prices include tomatoes, LPG cylinder, cooked beef per plate at an average hotel, regular match box, farm eggs, cooked daal at an average hotel per plate, gur, pulse gram, soap, red chilly powder, rice Irri-6, pulse masoor, wheat flour bag, garlic, vegetable ghee (loose/pouch) and refined sugar.
The items with no change in their average prices during the week under review include basmati rice, plain bread, beef, mutton, fresh milk, curd (dahi), powdered milk, cooking oil, vegetable ghee (tin), salt powder, tea (Lipton packet), tea prepared at an average hotel, cigarettes, long cloth, shirting, printed lawn, georgette, gents sandal, gents chappal, ladies sandal, electricity charges (up to 50 units), gas charges (up to 3.3719 MMBTU), kerosene oil, firewood, electric bulb (energy saver of 14W), washing soap, petrol (super), Hi speed diesel, and telephone local call charges for 3 minutes.