Pakistan’s weekly SPI jumps up by 0.2 percent

MG News | November 14, 2018 at 03:57 PM GMT+05:00

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November 14, 2018 (MLN): Weekly Sensitive Price Index (SPI) during the week ended November 8, 2018 for the combined group has grown by 0.2% over the prior week (ended November 1, 2018) and by 5.11% over the corresponding week of last year (November 9, 2017).

A recent press release published by the Pakistan Bureau of Statistics (PBS) has shown that out of the 53 monitored items, 19 items registered an increase in average price while 9 items recorded a drop. On the other hand, 25 items witnessed no change in their average prices.

SPI for the largest income group (above Rs.35, 000) has recorded a week-on-week increase of 0.21%, and a year-on-year increase of 8.83%, marking the greatest increments amongst all other income groups.

Meanwhile, SPI for the smallest income group (Up to Rs. 8,000) has jumped by 0.19% over the week and 0.23% over the year.

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