Pakistan’s weekly SPI decreases by 0.58 percent

The Sensitive Price Indictor (SPI) for the week ended July 12, 2018 registered a decreased of 0.58% for the combined income group, going down from 230.11 points the week before to 228.78 points this week.

However, compared to the corresponding period of the previous year, SPI increased by 4.25% on a year on year (YoY) basis. SPI on a YoY basis during the week ending July 5, 2018 had been recorded at 4.64% previously.

Of the 53 items monitored, the average prices of 18 items registered an increase, 8 items decreased while 27 remained unchanged.

The items, which registered a decrease in their prices during the week under review included chicken, bananas, diesel, petrol, kerosene oil, garlic, mash pulse and pulse gram.

The items, which registered an increase in prices included tomatoes, eggs, onions, LPG Cylinder, bath soap, cooked beef, potatoes, wheat flour, sugar, red chili, wheat, rice (basmati), gur, washing soap, beef, vegetable ghee, masoor pulse and moong pulse.

The items with no change in their average prices during the week under review included rice (irri-6), bread, mutton milk (fresh), curd, milk (powdered), mustard oil, cooking oil, vegetable ghee, salt (powdered), tea (packet), cooked daal, tea (prepared), cigarettes, long cloth, shirting, lawn, georgette, gents sandal, gents chappal, ladies sandal, electricity charges, firewood, electric bulb, matchbox and telephone local call.