Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan’s Weekly SPI Increases by 0.07 Percent

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According to data released by the Pakistan Bureau of Statistics, the Weekly SPI for the combined group increased by 0.07% percent compared to previous week (Jun 21, 2018) and increased by 4.02% compared to corresponding period from last year (June 29, 2017).

Summary of Weekly SPI
Index June 28, 2018 June 21, 2018 % Change
SPI Combined 230.25 230.09 0.07

Of the 53 items monitored, the average prices of 17 items registered an increase, 7 items decreased while 29 items remained unchanged.

Meanwhile, the SPI for the lowest income group up to Rs 8,000 also increased  by 0.24 percent as it went up from 216.31 points in the previous week to 216.83 points  in the week under review.

As compared to the last week, the SPI for the income groups from Rs 8001 to 12,000, Rs 12,001 to 18,000, and Rs 18,001 to 35,000 increased by 0.16 percent, 0.12 percent, and 0.06 percent respectively.

The items, which registered decrease in their prices during the week under review included bananas, garlic, LPG Cylinder, potatoes, vegetable ghee (loose), pulse moong, and pulse masoor.

The items, which registered increase in prices included tomatoes, eggs (farm), red chilly poweder (loose), sugar, wheat flour, wheat, gur, pulse gram, onions, mustard oil, pulse mash, beef, chicken live, rice irri-6, mutton, bathing soap, and cooked beef.

The items with no change in their average prices during the week under review included rice basmati, bread plain, milk fresh, curd, powdered milk, cooking oil, vegetable ghee (tin), salt powder, tea, cooked pulses, tea prepared, cigarettes, long cloth, shirting, lawn printed, georgette, gents shoes, ladies shoes, electricity charges, gas charges, kerosene oil, firewood whole, electric bulb, washing soap, petrol, Hi Speed Diesel, and telephone local call charges.

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Posted on: 2018-06-29T12:14:00+05:00