Pakistan’s Weekly SPI increases by 0.12%

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MG News | December 21, 2018 at 04:23 PM GMT+05:00

December 21, 2018 (MLN): According to data released by the Pakistan bureau of statistics, the weekly SPI index for the combined group increased by 0.12 percent compared to previous week (Dec 13, 2018), whereas it increased by 5.36 percent compared to the corresponding period from last year (Dec 21, 2017).

Summary of Weekly SPI

Index

Dec 20, 2018

Dec 13, 2018

W.o.W Change %

Y.o.Y Change %

SPI Combined Group

238.12

237.83

0.12

5.36

The SPI for the lowest income group up to Rs 8,000 also increased by 0.17 percent as it went up from 219.40 points in the previous week to 219.77 points in the week under review.

As compared to last week, the SPI for the income groups from Rs8001-12,000, Rs12,001-18,000, 18,001-35,000 and above Rs35000 increased by 0.16 percent, 0.15 percent, 0.13 percent and 0.08 percent respectively.

Of the 53 items monitored, the average price of 17 registered an increase, 12 decreased while 24 remained unchanged.

The items which registered decrease in their prices during the week under review included chicken farm (live), potatoes, tomatoes, onions, eggs hen (farm), pulse moong, pulse gram, vegetable ghee (loose), pulse masoor and garlic.

The items which recorded increase in their average prices included LPG cylinder, match box, bananas, tea, milk fresh, pulse mash, bread plain, beef, powder milk, sugar, fire wood, rice irri-6, wheat, curd, cooking oil (tin), wheat flour and vegetable ghee (tin).

The prices of the commodities that had remained unchanged during the week under review including mutton, mustard oil, salt powder, red chili, cooked beef, cooked daal, tea prepared cup, cigarettes, long cloth, shirting, lawn, georgette, gents sandal, gents chappal, ladies sandal, electricity, gas, kerosene oil, electric bulb, washing soap, petrol, hi-speed diesel, telephone call and bath soap.

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