SPI decreases 0.79% WoW
.jpg)
By MG News | April 19, 2024 at 12:23 PM GMT+05:00
April 19, 2024 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.79% WoW during the week ended April 18, 2024, while the SPI rose 28.54% YoY compared to the corresponding period from last year.
According to data released by the Pakistan Bureau of Statistics (PBS) the Combined Index was at 323.71 compared to 326.29 a week earlier, while the index was recorded at 251.83 a year ago.
During the week, out of 51 items, prices of 22 (43.14%) items increased, 11 (21.57%) items decreased and 18 (35.29%) items remained stable.
During the week, major decrease was observed in the prices of Wheat (10.25%), Wheat Flour (8.97%), Bananas (8.67%), Electricity Charges for Q1 (7.16%), and Eggs (6.67%).
On the other hand, major increase was observed in the prices of Potatoes (17.07%), Tomatoes (12.67%), Chicken (11.60%), Lawn printed, and Shirting (3.55%) each.
The weekly SPI percentage change by income groups showed that SPI decreased across all quantiles ranging 0.7% and 0.9%.
The lowest income group experienced a weekly fall of 0.71%, while the highest income group experienced a fall of 0.7%.
On a yearly basis, analysis of SPI change across different income segments showed that SPI increased across all quantiles ranging between 21.72% and 32.49%.
Yearly SPI for the Lowest Income Group increased by 21.72% while the highest income group recorded an increase of 25.98%.
The average price of Sona urea stood at Rs4,936 per 50 kg bag which is 2.39% higher than last week’s price, while 63.64% higher when compared to last year.
Meanwhile, the average Cement price was recorded at Rs1,217 per 50 kg bag, which is 0.24% lower than the previous week and 8.55% higher than prices last year.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 130,936.53 43.96M |
0.19% 249.87 |
ALLSHR | 81,533.63 229.07M |
0.28% 228.38 |
KSE30 | 40,023.22 22.13M |
0.19% 77.77 |
KMI30 | 190,913.51 24.91M |
0.11% 215.46 |
KMIALLSHR | 55,116.97 110.18M |
0.08% 42.81 |
BKTi | 34,805.17 3.52M |
0.68% 236.77 |
OGTi | 28,569.48 2.15M |
-0.59% -169.87 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,655.00 | 110,525.00 109,600.00 |
-760.00 -0.69% |
BRENT CRUDE | 68.70 | 68.89 68.42 |
-0.10 -0.15% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
-0.75 -0.76% |
ROTTERDAM COAL MONTHLY | 108.45 | 109.80 108.45 |
-0.55 -0.50% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 67.00 | 67.18 66.72 |
0.00 0.00% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|